President Nicholas Maduro ordered the issuance of the Venezuela's national cryptocurrency. Whitepaper to be released on January 14. What do you think about this? How will it impact on the cryptocurrency world?
I don't think so. It depend to the people if they patronize this coin.
The advantage of this a state sponsored so he can order the citizen to patronize their coin.
Venezuela need more money for their dying economy so this one I think is one of their government interim measure.