Soon after President
Maduro made an announcement to recruits its Venezuelan citizens to build crypto mining farms, Venezuela is in the news again.
Just one day after the commencement of the controversial petro pre-sale,
Maduro made waves once again, announcing that he plans to unveil a second cryptocurrency next week: the petro gold.
Not exact matches
Maduro, who debuted the song over the weekend on his show, «Los Domingos con
Maduro,» did not specify who
made his version, referring only to «a group of creators.»
Venezuela President Nicolas
Maduro's aim with the digital «petro» currency is to
make financial transactions and circumvent sanctions placed by other Western countries including the U.S..
The country's opposition is angry that Goldman has, in effect,
made life easier for the central bank — the previous owner of the state - controlled Petroleos de Venezuela bonds — thereby propping up Mr.
Maduro's regime.
Maduro is known to
make sweeping statements that are met with applause but don't produce any tangible results.
Maduro blames Trump administration sanctions for
making U.S. banks unwilling to participate in financial transactions with the Venezuelan government, either as buyers or payment processors.
Maduro said Sunday that the new cryptocurrency would be used to
make financial transactions.
Citi has not
made any official announcement, but
Maduro criticizes the move as a «blockade.»
Critics of President Nicolas
Maduro's socialist government point to the administration's own missteps for the country's spiraling quadruple digit inflation,
making common goods too expensive for most residents.
President Nicolas
Maduro hopes the country's own digital currency will help it to
make financial transactions and get around Western sanctions.
During the height of the protests, in a speech
made March 5, 2014 at a military parade in Caracas marking the one year anniversary of Chávez's death,
Maduro proclaimed, Chávez «the Redeemer of the poor» and said that the poor were calling to Chávez the «Redeeming Christ of the 21st Century» to help them against the capitalist protestors attempting to undo all he had done for the poor.
Nothing
makes me happier than the delicious stewed meats with bright flavors and a side of
maduros (fried sweet plantains).
The political crisis is over keeping
Maduro and socialism, or getting new leaders who will
make painful choices to correct the problem
If that's not enough to
make you want to want to add the firm's partners to your Valentine's - card mailing list, consider that the same firm also happens to be representing Campo Flores,
Maduro's stepson, who has been indicted on drug trafficking charges by the U.S. Justice Department.
In addition,
Maduro has
made outrageous claims, like saying the government had raised $ 5 billion in the first few weeks of its petro pre-sale, but offering little information about the supposed investors.
«As such, we are concerned that a cryptocurrency could provide
Maduro a mechanism by which to
make payments to foreign lenders and bondholders in the United States, actions that would clearly thwart the intent of U.S. - imposed sanctions.»