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Petro (cryptocurrency)

Index Petro (cryptocurrency)

The petro, or petromoneda, launched in February 2018, is a cryptocurrency developed by the government of Venezuela. [1]

50 relations: BBC, Bitcoin, Blockchain, Bloomberg L.P., Brookings Institution, Cryptocurrency, Currency appreciation and depreciation, Democratic Unity Roundtable, Diamond, Donald Trump, Economic sanctions, Ethereum, Exchange (organized market), Executive order, Fiat money, Gasoline, Gold, Gold reserve, Gold standard, Government of Russia, Government of Venezuela, Hyperinflation, Initial coin offering, Max Keiser, Mining in Venezuela, Monetary sovereignty, National Assembly (Venezuela), NEM (cryptocurrency), Nicolás Maduro, NPR, Oil reserves in Venezuela, PDVSA, Petroleum, President of the United States, Reuters, Russian ruble, Steve Hanke, Technology, Telesur (TV channel), The New York Times, The Washington Post, Time (magazine), U.S. News & World Report, United States Department of the Treasury, United States embargoes, Venezuela, Venezuelan bolívar, Vice News, Vladimir Putin, White paper.

BBC

The British Broadcasting Corporation (BBC) is a British public service broadcaster.

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Bitcoin

Bitcoin (₿) is the world's first cryptocurrency, a form of electronic cash.

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Blockchain

A blockchain, originally block chain, is a continuously growing list of records, called blocks, which are linked and secured using cryptography.

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Bloomberg L.P.

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.

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Brookings Institution

The Brookings Institution is a century-old American research group on Think Tank Row in Washington, D.C. It conducts research and education in the social sciences, primarily in economics, metropolitan policy, governance, foreign policy, and global economy and development.

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Cryptocurrency

A cryptocurrency (or crypto currency) is digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

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Currency appreciation and depreciation

Currency depreciation is the loss of value of a country's currency with respect to one or more foreign reference currencies, typically in a floating exchange rate system in which no official currency value is maintained.

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Democratic Unity Roundtable

The Democratic Unity Roundtable (Mesa de la Unidad Democrática, MUD) is a catch-all electoral coalition of Venezuelan political parties formed in January 2008 to unify the opposition to President Hugo Chávez's United Socialist Party of Venezuela in the Venezuelan parliamentary election, 2010.

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Diamond

Diamond is a solid form of carbon with a diamond cubic crystal structure.

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Donald Trump

Donald John Trump (born June 14, 1946) is the 45th and current President of the United States, in office since January 20, 2017.

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Economic sanctions

Economic sanctions are commercial and financial penalties applied by one or more countries against a targeted country, group, or individual.

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Ethereum

Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality.

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Exchange (organized market)

An exchange, or bourse also known as a trading exchange or trading venue, is an organized market where (especially) tradable securities, commodities, foreign exchange, futures, and options contracts are sold and bought.

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Executive order

In the United States, an executive order is a directive issued by the President of the United States that manages operations of the federal government and has the force of law.

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Fiat money

Fiat money is a currency without intrinsic value that has been established as money, often by government regulation.

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Gasoline

Gasoline (American English), or petrol (British English), is a transparent, petroleum-derived liquid that is used primarily as a fuel in spark-ignited internal combustion engines.

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Gold

Gold is a chemical element with symbol Au (from aurum) and atomic number 79, making it one of the higher atomic number elements that occur naturally.

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Gold reserve

A gold reserve was the gold held by a national central bank, intended mainly as a guarantee to redeem promises to pay depositors, note holders (e.g. paper money), or trading peers, during the eras of the gold standard, and also as a store of value, or to support the value of the national currency.

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Gold standard

A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold.

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Government of Russia

The Government of Russia exercises executive power in the Russian Federation.

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Government of Venezuela

Venezuela is a federal presidential republic.

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Hyperinflation

In economics, hyperinflation is very high and typically accelerating inflation.

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Initial coin offering

An initial coin offering (ICO) or initial currency offering, a type of crowdfunding using cryptocurrencies, is a means of raising capital that has been prone to scams and securities law violations.

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Max Keiser

Timothy Maxwell "Max" Keiser (born January 23, 1960) is an American broadcaster and film maker.

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Mining in Venezuela

Venezuela is a major producer and exporter of minerals, notably bauxite, coal, gold, iron ore, and oil, and the state controls most of the country’s vast mineral reserves.

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Monetary sovereignty

Monetary sovereignty is the power of the state to exercise exclusive legal control over its currency, broadly defined, by exercise of the following powers.

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National Assembly (Venezuela)

The National Assembly (Asamblea Nacional) is a de jure legislature for Venezuela that was first elected in 2000.

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NEM (cryptocurrency)

NEM is a peer-to-peer cryptocurrency and blockchain platform launched on March 31, 2015.

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Nicolás Maduro

Nicolás Maduro Moros (born 23 November 1962) is a Venezuelan politician who has served as the 63rd President of Venezuela since 2013 and previously served under President Hugo Chávez as Minister of Foreign Affairs from 2006 to 2013 and as Vice President of Venezuela from 2012 to 2013.

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NPR

National Public Radio (usually shortened to NPR, stylized as npr) is an American privately and publicly funded non-profit membership media organization based in Washington, D.C. It serves as a national syndicator to a network of over 1,000 public radio stations in the United States.

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Oil reserves in Venezuela

The proven oil reserves in Venezuela are recognized as the largest in the world, totaling as of 1 January 2014.

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PDVSA

Petróleos de Venezuela, S.A. (PDVSA) (Petroleum of Venezuela) is the Venezuelan state-owned oil and natural gas company.

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Petroleum

Petroleum is a naturally occurring, yellow-to-black liquid found in geological formations beneath the Earth's surface.

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President of the United States

The President of the United States (POTUS) is the head of state and head of government of the United States of America.

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Reuters

Reuters is an international news agency headquartered in London, United Kingdom.

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Russian ruble

The Russian ruble or rouble (рубль rublʹ, plural: рубли́ rubli; sign: ₽, руб; code: RUB) is the currency of the Russian Federation, the two partially recognized republics of Abkhazia and South Ossetia and the two unrecognized republics of Donetsk and Luhansk.

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Steve Hanke

Steve H. Hanke is an American applied economist at the Johns Hopkins University in Baltimore, Maryland.

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Technology

Technology ("science of craft", from Greek τέχνη, techne, "art, skill, cunning of hand"; and -λογία, -logia) is first robustly defined by Jacob Bigelow in 1829 as: "...principles, processes, and nomenclatures of the more conspicuous arts, particularly those which involve applications of science, and which may be considered useful, by promoting the benefit of society, together with the emolument of those who pursue them".

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Telesur (TV channel)

Telesur (stylised as teleSUR) is a multi-state funded, Latin American terrestrial and satellite television network headquartered in Caracas, Venezuela.

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The New York Times

The New York Times (sometimes abbreviated as The NYT or The Times) is an American newspaper based in New York City with worldwide influence and readership.

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The Washington Post

The Washington Post is a major American daily newspaper founded on December 6, 1877.

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Time (magazine)

Time is an American weekly news magazine and news website published in New York City.

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U.S. News & World Report

U.S. News & World Report is an American media company that publishes news, opinion, consumer advice, rankings, and analysis.

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United States Department of the Treasury

The Department of the Treasury (USDT) is an executive department and the treasury of the United States federal government.

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United States embargoes

the federal government of the United States imposes several embargoes and economic sanctions against different countries and activities, the most notable of them aimed against countries which the U.S. government has declared "State Sponsors of Terrorism".

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Venezuela

Venezuela, officially denominated Bolivarian Republic of Venezuela (República Bolivariana de Venezuela),Previously, the official name was Estado de Venezuela (1830–1856), República de Venezuela (1856–1864), Estados Unidos de Venezuela (1864–1953), and again República de Venezuela (1953–1999).

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Venezuelan bolívar

The bolívar fuerte (sign: Bs.F. or Bs.; plural: bolívares fuertes; ISO 4217 code: VEF) has been the currency of Venezuela since 1 January 2008.

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Vice News

Vice News (stylized as VICE News) is Vice Media, Inc.'s current affairs channel, producing daily documentary essays and video through its website and YouTube channel.

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Vladimir Putin

Vladimir Vladimirovich Putin (a; born 7 October 1952) is a Russian statesman and former intelligence officer serving as President of Russia since 2012, previously holding the position from 2000 until 2008.

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White paper

A white paper is an authoritative report or guide that informs readers concisely about a complex issue and presents the issuing body's philosophy on the matter.

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Redirects here:

Petro (currency), Petro Gold, Petro gold.

References

[1] https://en.wikipedia.org/wiki/Petro_(cryptocurrency)

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