Venezuela President Urges Investors To Buy Petro As Citizens Prefer Bitcoin

The president of Venezuela has issued an open call for foreign investors to buy up the country’s notorious state-issued cryptocurrency, despite international sanctions. Maduro ‘Welcomes’ Petro Buyers On April 25, Nicolas Maduro stated that overseas cash was needed to shore up Venezuela’s failing economy. He was speaking during a live statement on messaging platform Periscope, following a common trend of issuing directives and policy updates via live media appearances. On this occasion, Maduro issued aRead MoreThe post Venezuela President Urges Investors To Buy Petro As Citizens Prefer Bitcoin appeared first on Bitcoinist.com.