Venezuela's Minimum Wage Has Been Reduced to $ 2, Some People Believe Petro Airdrop Caused the Flashcrash
[ChainDD report] January 13 (ChainDD) According to Decrypt news, Venezuela's monthly minimum wage has fallen from 6 US dollars to 2 US dollars last month. Some people believe that the state-issued cryptocurrency the government once claimed is backed by oil, is the culprit.
According to reports, from December 18 to 27, Venezuelan President Nicolás Maduro disbursed about $ 30 worth of petroleum coins to approximately 3 million government-paid personnel (retirees, military personnel, and civil servants).
José Ángel Álvarez, president of the National Cryptocurrency Association said that the government made it complicated to use the cryptocurrency.