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In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

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Venezuela plans Gold-based Cryptocurrency

A strong possibility is that Maduro may try to pay creditors off with Petros or Petro Gold. It remains to be seen if they will accept his cryptocurrency in payment. If they do the real losers will be the Venezuelan people who will not see a cent.

Hopefully, Maduro’s shenanigans will not give government-issued cryptocurrencies a bad name.

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