1 sat \ 0 replies \ @grayruby 6 Jul \ on: Crypto remittances in Venezuela surge as economic situation worsens bitcoin
“ In 2018, the Venezuelan government created a state-backed cryptocurrency called the “Petro” to sidestep United States sanctions against the energy-rich country. Unfortunately, the cryptocurrency failed to gain widespread adoption due to perceived corruption and its lack of status as legal tender inside the country.”
Unfortunately?