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Petro 'Cryptocurrency' To Only Be Backed With 0.03 Billion Barrels Of Oil Instead Of 5 Billion

Venezuela's government has announced that the Petro 'cryptocurrency' is now finally ready to be backed with oil in the nation's oil inventories.

from Google Alert - cryptocurrency https://ift.tt/2scEFes

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Ripple CEO slams Strategy's financial model as STRC stock plunges 26% below par value.

This situation signals risks for investors in similar Bitcoin treasury strategies and highlights a broader debate in crypto about utility ...

 
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