María Corina Machado, Venezuelan opposition leader, discusses Bitcoin as a "vital means of resistance" for Venezuelans suffering from hyperinflation under the Chávez and Maduro regimes.
Venezuelan President Nicolas Maduro recently revealed that the nation’s oil-backed cryptocurrency, the petro, will be used as a unit of account by the state oil company PDVSA. The government is also developing a new salary system that will allow employees to receive their wages in petro funds over fiat.
