VENEZUELA launched what it called its very own “cryptocurrency” this week, and on day one of pre-sales raised US$735mil – or so President Nicolás Maduro claims.
But like all of the regime’s attempts at economic alchemy, there is no way to verify that figure. You have to take the word of the government that produced the highest inflation rate in the world in 2017.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!