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Jan 4, 2018 Venezuelan President Nicolas Maduro has also backed the Petro with 5 billion of barrels of oil reserves, according to "This is going to allow us to move forward to new ways of international financing for the country's economic and social development," Maduro said during his weekly television 

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Oct 23, 2013 The other reason why fake currencies fail is that you create a false sub economy with them. The writers of the Bitcoin FAQ are a little off on what they believe to be a currency's value but at least they do understand some basic economic principles, So, stop mining, and focus on making real dollars.