Also, while Venezuela boasts massive oil reserves, its oil production and related industries have been in decline, making an oil-backed cryptocurrency ...
source https://www.google.com/url?rct=j&sa=t&url=https://www.caribbeannewsnow.com/2018/09/09/venezuelan-diplomat-defends-viability-of-petro-cryptocurrency/&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNEBZKTI3Y9h_jZnTlQhF2IWtaPW4w
