Venezuela has officially launched its oil-backed cryptocurrency

[citation needed]

Oil isn't a limited resource. But it doesn't matter, because "renewing it" doesn't make economic sense. It's that simple. Think solar panels are a bad ROI? Imagine making oil just to use it later as fuel. Absolutely retarded.

That's truly amazing. Kim might lose the Based Man of 2018 award now. Well, not really. But at least there is competition this year.

Russian research. Oil is an abiotic substamce that our planet makes as a by-product of who the fuck knows.
Its not dead dinos

You know once you stop caring living in clown world is fucking hilarious. Reading the news is like looking into some drug-fueled mid 90s pre-post Cyberpunk short fiction geocities page.

What a time to be alive.

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Come on now.

With communist I thought it was a given.

They might as well use the oil for something since it's too expensive to get out of the ground with prices where they are.
How can a country with more oil than Saudi Arabia end up having children starving to death?

Welp, Venezuela just fucked up in a major way. A currency backed by petrol? I think America already has that cornered with Saudi Arabia. By doing this the entire government just commited suicide. The petrodollar already exists and I doubt the controllers are going to want others moving into their territory. Say goodbye, cousins of brazil.

that sounds like how you get klaxosaurs

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