Venezuela will remove five zeros from its ailing currency, the bolivar, and peg it to its controversial Petro cryptocurrency, President Nicolas Maduro said in a public broadcast July 26. Maduro: Bolivar Will ‘Anchor Petro’ The Bolivar, which had become so inflationary that online gaming tokens such as World of Warcraft gold were a more stable store of value, is currently worth just $0.0000083. “The economic re-conversion will start on August 20 definitively with the circulation andRead MoreThe post Venezuela Ties Own Currency to Sanctioned Petro as Maduro Talks of ‘Great Hope’ appeared first on Bitcoinist.com. For Further Information Click on Below Button