🚨 Goodbye Petro: Venezuela's national cryptocurrency will stop functioning on January 15. Created in 2018 to evade American sanctions, it has never been widely used.
🔸 The Petro (PTR) was launched after the bolivar fell under sanctions pressure and Bitcoin gained ground in the country.
🔸 Despite the efforts of the Maduro government, Petro has never been marketed abroad nor has it been legal tender in Venezuela.
🔸 In 2020, the United States issued a $5 million reward for the capture of Joselit Ramirez Camacho, who oversaw the Petro.
What do you think of the end of Petro? Comments below! 👇