VENEZUELA'S presidente announced that he'll launch a new crypto currency called "Petro". Venezuela is a country with a marked comunist tendence. He said that the price will be the same as a Venezuela oil barrel. It Will be traded at local exchanges that are already being tested.
I think that if the president work his way on this idea it can be a great way to stop the devaluation of the Bolivar and start accumulating crypto currency as a government reserve, that if any exchange accepts to include his coin due to any kind of pressure.

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