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RE: Why I agree with Donald Trump on the ban of the fake "cryptocurrency" backed by Venezuela

in #crypto-news6 years ago

This is not a "pure" cryptocurrency. Each unit is backed by a barrel of oil. It can only be created by Venezuela. The crypto part simply is a way of transferring it.

In short, you can't mine it and you pretty much have to obtain it from Venezuela government directly or indirectly.

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