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  • About Us
  • EditorialsThe official position of the Interamerican Institute for Democracy on issues of interest and current affairs, always in defense of citizen freedoms in the hemisphere.
  • Events
  • NewslettersNews of political and institutional news in Latin American countries, especially when it concerns the health of their democracies.
  • Publications
  • Videos
  • Sponsorship
  • Donate

February 7, 2018

The Venezuela Petro CryptoCurrency’s Short Life Span

Opinion-1By IIDMAsterFebruary 7, 2018Leave a comment

Former Venezuela Presidential Chief of Staff Beatrice Rangel on Venezuela’s latest crackpot idea: the PetroMoneda, a cryptocurrency supposedly backed by oil that is neither crypto, neither currency nor backed by anything except the same government that has brought 2800% inflation and 100,000% devaluation to existing currency the bolivar. How much do you want to buy?

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