Bitcoin : Venezuela to remove five zeros from its currency (a few days ago only three were planned) and now it’ll be pegged to the Petro cryptocurrency, when inflation is around 1,000,000%

Bitcoin : Venezuela to remove five zeros from its currency (a few days ago only three were planned) and now it’ll be pegged to the Petro cryptocurrency, when inflation is around 1,000,000%

Hi guys, you can read my post history. I live here and believe in crypto.

In paper this proposal sounds “good” but never something done by the goverment has worked.

The date is August 20th, will keep you informed.

https://www.reuters.com/article/us-venezuela-economy/venezuela-to-remove-five-zeroes-from-ailing-currency-idUSKBN1KF36V

Venezuela to Drop 5 Zeros From Currency, Back It With Crypto Token

Any question, AMA.

View the link

Bitcoin

Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
FindCrypto scans the web for the latest Bitcoin news, so you can find all the latest and breaking news in one convenient location.Author: WorkingLime

Score: 213

Don’t forget to share the post if you love it !