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Detailed text transcripts for TV channel - DW - 20180820:23:04:00

Plan to tackle the country s economic crisis it s launched a new currency it will be tied to the petro a crypto currency that s been banned by the united states the petro is valued at around sixty dollars roughly equivalent to a barrel of oil but some digital currency experts like roberto hong appear skeptical. just like every other crypto currency depends on people s confidence and it if people don t trust their currency it s not much use to them because nobody will accept it. one reason that dash has taken off in venezuela is that it enables transactions to be completed quickly with inflation rising at an extraordinary rate an increasing number of companies in the country have embraced the digital currency but economists are warning that crypto currency is won t put the brakes on hyper inflation and say they offer no more than a practical payment option and they re answering him on the can we have nothing no these days christa currencies are widespread and it s a good thing if there ....

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