When Venezuela’s petro was launched in February this year, the country’s president Nicolas Maduro had great hopes for it. “Today, a cryptocurrency is being born that can take on Superman,” he said, in a reference to the U.S. sanctions which crippled Venezuela’s economy. The petro would presumably help the South American nation circumvent sanctions by enabling another unit for international trade, instead of the commonly-accepted … Continue reading The Case Of The Disappearing Petro, Venezuela’s National Cryptocurrency