Maduro Wants an OPEC Cryptocurrency?

Venezuela is backing the Petro with around five billion barrels of oil, Al Jazeera reported. An ICO of 38.4 million Petros is scheduled for 20 February 2018. Since the OPEC basket price for oil was $64.83 a barrel on 8 February 2018 – the oil backing the Petro was worth around $324.15 billion on that day.

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What can De La Rue Teach us about ICOS?

Despite that opportunity, De La Rue is a lousy stock that investors should stay away from because it makes little money. Those seeking to cash in on ICOs should take a hard look at De La Rue it proves that there is little profit from currency creation.

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Cashing in on Hyperinflation, does De La Rue have a Future?

One of the strangest paradoxes of hyperinflation is that it often leads to serious shortages of cash. When hyperinflation hits, people need vast amounts of cash to buy groceries or pay bills which the central bank has to provide.

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Venezuela faces Hyperinflation and Cash Shortage at the Same Time

Venezuela is now facing one of the weirdest effects of hyperinflation – a serious shortage of cash.

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