Petro coin

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Petro (PTR) is the latest coin to join the cryptocurrency bandwagon. It’s the world’s first sovereign cryptocurrency as it will be produced and controlled by the Venezuelan government.

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It has a circulating supply of 63,993,275 XPD coins and the max. supply is not available. PetroDollar (XPD) is a cryptocurrency . Users are able to generate XPD through the process of mining.

The Petro is a cryptocurrency issued by the government of Venezuela. The value of the coin is supposed to be backed by the country’s oil reserves, but details about the coin and its inner workings are scarce.

Petro coin

Venezuela’s Petro (Petromoneda, PTR) has been described as the “national” cryptocurrency since its announcement back in December 2017. In August 2018, Petro became the country’s second official currency, being made equal to the country’s fiat currency Venezuelan bolivar. Petro Coin (PTR) also known as EL PETRO will be the first government backed Cryptocurrency based on ERC20 Ethereum Token.

Petro coin

23 Mar 2018 The idea for the petro came from Hugo Chavez, who had foreseen a “strong currency backed by raw materials”, according to the government's 

Petro (PTR) has its origin in the idea of president Hugo Chavez of a strong currency backed by raw materials. Petro will be a sovereign crypto asset backed by oil assets and issued by the Venezuelan State as a spearhead for the development of an independent, transparent and open digital economy open to direct participation of citizens. Petro's Coins & Treasures - For Thousands of Years, Mankind has been attracted to Collecting. It Brings us to the Past and Present. The Petro is a cryptocurrency issued by the government of Venezuela. The value of the coin is supposed to be backed by the country’s oil reserves, but details about the coin and its inner workings are scarce.

Petro coin

The idea  29 Aug 2018 Venezuelan President Nicolas Maduro has reportedly ordered the country's banks to accept the state-backed Petro cryptocurrency as a unit of  HPCL is a Government of India Enterprise with a Maharatna Status, and a Fortune 500 and Forbes 2000 company. Petro coin.

The coin is not sold on any major cryptocurrency exchange. No shops are known to accept it.” Nevertheless, on Abri 20th of the following year, with a little experiment, José Antonio Lanz confirmed the coin exists and informed: “Venezuelans are slowing beginning to trade petros. Президент Венесуэлы Николас Мадуро на этой неделе рассказал, как еще можно использовать национальную цифровую валюту Petro. Der Petro ist laut Aussage der autoritären, chavistischen Regierung Venezuelas eine staatliche Kryptowährung Venezuelas. Kommentare bezweifeln meist, dass es sich um eine Kryptowährung handelt, und es gibt keine bekannten Transaktionen.

Dai 24h $ 0 The state oil company will only accept petro for airplane fuel, per a new decree from 15.01.2020 Cryptocurrency, Petro Coin–In a move that could have potential ramifications for cryptocurrency and economies around the world, Venezuela has officially launched the first state-backed “cryptocurrency” in the form of the Petro coin. While numerous questions remain surrounding the legitimacy of the currency, a move that many see being carried out in both desperation and an attempt to 07.09.2018 Petro Coin: la criptoapuesta de Maduro. diciembre 14, 2017. by Alexis Von Loh. Facebook. Twitter. Pinterest.

As of August 2018 it does not appear to be used as a currency. It has a circulating supply of 63,993,275 XPD coins and the max. supply is not available. PetroDollar (XPD) is a cryptocurrency . Users are able to generate XPD through the process of mining.

Price chart, trade volume, market cap, and more. Discover new cryptocurrencies to add to your portfolio. 4 Feb 2020 Merchants in Venezuela are calling the state's Petro coin a scam, claiming that hyperinflation has led to the currency being devalued upon  Download this stock vector: Petro Coin Logo Vector Illustration - RBH0GA from Alamy's library of millions of high resolution stock photos, illustrations and  petrol endeksli, devlet eliyle kurulacak olan ilk kripto para birimi.

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As we can read on Finder, Petro will be mined in a similar way to other cryptocurrencies giving fees to miners which will immediately add value to the Petro coin and opens up the possibility of foreign nations accruing the Petro for their services processing transactions on the Petro …

PetroDollar (XPD) is a cryptocurrency . Users are able to generate XPD through the process of mining. Petro (PTR) has its origin in the idea of president Hugo Chavez of a strong currency backed by raw materials. Petro will be a sovereign crypto asset backed by oil assets and issued by the Venezuelan State as a spearhead for the development of an independent, transparent and open digital economy open to direct participation of citizens.

Petro is made with the aim for Venezuela to have acces to international financing despite sanctions. Petro is backed by the oil reserves of Venezuela and is build on the NEM blockchain.

Mar 20, 2020 · Looking composed despite the hour, in a blue suit and red tie, he announced that the government was about to make history by becoming the first on Earth to sell its own cryptocurrency. It would be Petro Coin. 4,829 likes. News & Media Website Apr 13, 2018 · Quite simply, if Petro fails it may unfairly negatively impact on cryptocurrency markets and we must resist the temptation to spread fear, uncertainty and doubt. How Big Is Petro Coin?

ETH Ether. LTC Litecoin. BCH Bitcoin Cash. BNB Binance Coin. EOS 2 Jan 2021 The Petro launched in 2018; the U.S. called it a scam.