<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=2045119522438660&amp;ev=PageView&amp;noscript=1">

Press coverage

Venezuelan crypto: Desperate measures in desperate times

Harry Colvin

In oil terms, Venezuela is arguably the wealthiest nation in the world. Its proven oil reserves stand at 300 billion barrels thanks to heavy tar sands in the Orinoco Belt. That’s larger than Saudi...

Read More

Venezuela's oil-backed cryptocurrency more likely to be ruled 'illegitimate' than succeed, economist says - CNBC 20th February 2018

Longview Economics

  • The launch of the bitcoin-esque cryptocurrency, called the petro, is viewed by many onlookers as a somewhat desperate attempt to secure cash amid an unprecedented economic meltdown.
  • The move comes...

Read More