This week Tegan and Tim dive into the rise and extreme fall of the state sanction Venezuelan cryptocurrency, the Petro. They also explore the Bored Apes starting an NFT band and North Korean crypto hackers.
If you thought that cryptocurrency was designed to be decentralised, you’d be absolutely right. At least, that was the original aim. But that didn’t stop Venezuela trying to solve its severe economic troubles by creating its own coin called The Petro.
In this episode Tegan and Tim deep dive into the Petro, the dictatorial government that drove it and the ironically anti-government coder behind it all. Strap yourself in for a wild ride.
They also chat about Universal launching a Bored Ape NFT band (yes you read that correctly) and allegedly state funded North Korean crypto hackers.
Listen to the episode: North Korean crypto hacks & the Venezuelan Petro explained
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