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CD52: venezuela, latin america, and bitcoin with @elsultanbitcoin and @cryptonomista

Citadel Dispatch

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The Petro: A Government-Run Social Program

This chapter discusses the existence and functionality of the petro, a government-run social program in Venezuela. It explores the petro's connection to the Venezuelan government's monetary network, its lack of blockchain, and its association with Dash. The chapter also touches on becoming an authorized cryptocurrency exchange, petro arbitrage trading, and the government's promotion of the petro through state-owned gas stations.

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