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Will Cryptocurrency Save Maduro's Venezuela from Trump in 2018? Venezuelan President Nicolás Maduro announced in December the launch of "petro," a new cryptocurrency that will be backed by oil, diamonds and gold reserves to circumvent sanctions from the Trump administration, but experts doubt this move will save the South American nation's ailing economy.
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| Cryptocurrency's Electrical Demand Will Drop Drastically The high electricity consumption of bitcoin has been widely reported, with one widely reported estimate having it consume more electricity than 159 countries. However, this is a temporary problem with cryptocurrencies, especially blockchain, and not an immutable feature. There are three things which ...
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