Petro the oil backed Crypto-currency
Posted: Mon 04 Dec 2017, 07:55:53Any one going to invest in the latest Crypto-Currency? It is backed by "oil, gas, gold and diamond wealth" so should be a good bet 
http://www.bbc.com/news/world-latin-america-42217798
Venezuelan President Nicolas Maduro has announced the creation of a new virtual currency in a bid to ease the country's economic crisis.
He said the Petro would be backed by Venezuela's oil, gas, gold and diamond wealth.
Opposition MPs, however, poured scorn on the plan.
.....
In a televised announcement on Sunday, Mr Maduro said the new crypto-currency would allow Venezuela "to advance in issues of monetary sovereignty, to make financial transactions and overcome the financial blockade".
"The 21st Century has arrived!" he added to cheers from supporters.
http://www.bbc.com/news/world-latin-america-42217798