“The oil-rich nation plans to pay public workers in the digital token and to use tax incentives to encourage its use. While the petro would be backed by one barrel of Venezuelan crude, the coins can’t be exchanged for the actual oil.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Campus 'smoke-free' edicts extend to smokeless products and e-cigarettes
Refillable electronic cigarettes face EU ban
Secret Service officer charged with attempted burglary, property destruction
Al Franken's Privacy Concerns About Faceprints
Google Glass targeted as symbol by anti-tech crowd
Gold Smuggling to Climb in India on Tax Increase, Festivals
Arrested Bitcoin Mogul Charlie Shrem Defiant In First Public Appearance
Another US encrypted email service, founded by PGP inventor, also shuts down
Raul Castro promises end of an era in Cuba as he steps down as country’s president
Bangladeshi student sentenced to 30 years in prison for FBI plot to blow up the Fed
Phila Police Officer Charged After Randomly Firing Shots At Building
Ron Paul Revolt Blows Up GOP’s Unified Convention
Homeowner, 80, charged in shooting of burglar: 'Unjust that I can't protect me'
Senator Feinstein: U.S. authorities are vigorously pursuing Edward Snowden
Congress adds contested cybersecurity measures to 'must-pass' spending bill