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RE: Venezuela Will Back Its Cryptocurrency With 5 Billion Barrels Of Oil, Gold Deposits
The only interesting thing about this is that countries are pissed off by the behavior of governments.
People think government coins will mean anything...they wont. The entire premise is decentralized, open source tokens that are not under the control of any entity. A government coin is not decentralized and is controlled by said government. Therefore, it is worthless.
100% agreed. They only want to use it to control people and steal from investors