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Venezuela's national cryptocurrency is officially up for sale

Venezuela says: bye bye, Bolivars. Hello, Petro.Image: FEDERICO PARRA/AFP/Getty Images By Rachel Kraus2018-02-20 17:44:48 UTC The bleeding Venezuelan economy is pinning its hopes on cryptocurrency. On Tuesday, the Venezuelan government launched a pre-sale of “Petro,” a new cryptocurrency backed by the country’s oil reserves. The aim of Petro is to …

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