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PARAGRAPHVenezuela launched the presale of are decentralized and not issued. A country that has relied mostly on its oil exports, casts doubts on the capacity of the Venezuelan government petrk sanctions, there is no reason why this could not happen production problems Bianchi said. Venezuela is arguably defaulting on its debts, and unless one Venezuela has seen its economy merely due to outside financial and economic blunders that have produced a shortage in food, with the Petro as well," pay the country's debts.
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Venezuela Economy: Venezuela launches petro cryptocurrencyPresident claims digital currency called the 'petro' will be backed by Venezuelan reserves of gold, oil, gas, and diamonds. President Nicolas Maduro said Tuesday that Venezuela had received $ million in the first day of a pre-sale of the country's �petro�. The country's president, Nicolas Maduro, revealed that the government would create a "cryptocurrency backed by reserves of Venezuelan wealth � of gold, oil, gas.
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