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RE: Oil Backed Cryptocurrency - Venezuelan President Issuing First 100 Million Petros

in #cryptocurrency • 7 years ago

You make a fair point I had not given much thought to. The main reason I would say BTC is unlikely to be able to take over a country's monetary system is the insane transaction fees. Given enough time, all the BTC would have been transferred to the overseas miners.

Maybe a different crypto altogether is more likely?

7 years ago in #cryptocurrency by
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