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Enter the 'petro': Venezuela to launch oil-backed cryptocurrency
Reuters ^ | December 3, 2017 | Alexandra Ulmer, Deisy Buitrago

Posted on 12/03/2017 4:08:56 PM PST by mdittmar

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To: catnipman

Still more than what will back the Petro.


21 posted on 12/03/2017 9:50:56 PM PST by Celerity
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To: catnipman
"Why not just use Monopoly money to pay off the bonds? After all, it’s probably much more accpetable than the ‘petro’ ..."

I think the US Gub'ment/Federal Reserve has the patent on that one. That is pretty much how our Federal Reserve system works.

22 posted on 12/03/2017 9:55:07 PM PST by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: catnipman; Celerity

[resists overwhelming urge to create image of a coin featuring celery]
[googles “celery coin”]


23 posted on 12/04/2017 7:01:46 AM PST by ctdonath2 (It's not "white privilege", it's "Puritan work ethic". Behavior begets consequences.)
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To: ctdonath2

“[googles “celery coin”]”

But.. but ... but it’s Celerity.

Everyone seems to read Celery or Celebrity. It’s neither. Celerity.


24 posted on 12/04/2017 8:50:17 AM PST by Celerity
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