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Venezuela’s cryptocurrency experiment might’ve saved the nation’s economic system. Right here’s what went improper.

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Venezuela’s cryptocurrency disaster had hopeful beginnings.

In December of 2017, Venezuelan president Nicolás Maduro introduced that his regime can be adopting the “Petro,” the world’s first state-backed digital forex.

It was a revolutionary concept, and it might’ve saved the nation’s economic system by mitigating the results of rampant corruption. How Venezuela’s cryptocurrency plan unfolded, nonetheless, is a special story.

See the complete article on Venezuela’s cryptocurrency right here: https://www.freethink.com/reveals/coded/season-3/venezuela-cryptocurrency

We created this story in partnership with Tomorrow Unlocked. Watch extra tales of know-how creating a greater future on the Tomorrow Unlocked channel: http://freeth.ink/3oQe3IF​

Up next- Bitcoin Pioneer Needs to Disrupt Cash: https://youtu.be/pUCJQLpy8ms

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