Will be discussing the effects of cryptocurrencies on the Venezuelan economy, #ZCash, #Petro et al.
Article links
ICO Index gives SCAM rating on Petro: https://icoindex.com/profile/petro-ptr
Zcash is inching in on the Crypto market in Venezuela and hurting the local Bolivar: https://www.coindesk.com/anti-petro-zcash-throwing-venezuelans-lifeline/
Bloomberg on the collapsing Petro rep: https://www.bloomberg.com/news/articles/2018-04-03/crypto-rating-sites-are-already-calling-venezuela-s-petro-a-scam
PDVSA squandered years of profits by rigging oil auctions: http://www.worldoil.com/news/2018/4/4/rigged-oil-auctions-said-to-squander-years-of-pdvsa-profits
Fortune is touting Zcash as the next great crypto, but is it a bubble too? http://fortune.com/2018/01/31/bitcoin-cryptocurrency-zcash-buy-invest/
99% devaluation of Bolivar in February has led to current episode in its long currency crisis: https://www.reuters.com/article/us-venezuela-economy/venezuela-announces-99-6-percent-devaluation-of-official-forex-rate-idUSKBN1FP2WK
Curated for #informationwar (by @TruthForce)
Relevance: Informationwar Organization
