Petrodollar coin news

"For the last 44-45 years, the petrodollar system has been ruling the world, which means that the international oil trade had been mostly paid for in US dollars. It stems from the Middle Eastern crises of the 1970s, when Saudi Arabia bound itself to selling oil only in …

18 Dec 2018 The petrodollar, better understood simply as the U.S. currency used and The petrodollar reflects a relationship between oil and the dollar but  7 Jan 2020 Petrodollar system is clearly changing – we now loan ourselves what we Kevin : You know what surprised me about the news of last week was the But you try to sell an American a gold coin right now, they just laugh. 28 Jan 2019 The current PetroDollar (XPD) price is $0.0172321 USD. At the moment, it has a circulating supply of 63,993,300 XPD coins and a market cap  16 Oct 2018 He writes that the end of the petro-dollar depends on many variables, dollar being the world's reserve currency, such as China and Russia,  6 Sep 2018 PetroDollar is a decentralized, blockchain-based cryptocurrency that is the world's first regulatory-compliant digital currency that is supported by  If the petrodollar collapsed, the entire world would collapse with it into an economic crisis worse than the Great Depression. This made the dollar very attractive as a reserve currency for many countries This is bad news for the petro-dollar.

PetroDollar Tops One Day Trading Volume of $3.00 (XPD ...

Mar 30, 2020 · petro dollar Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. petro dollar Blogs, Comments and Archive News on Economictimes.com. petro dollar Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. petro dollar Blogs, Comments and Archive News … PetroDollar (XPD) live coin price, charts, markets & liquidity Track current PetroDollar prices in real-time with historical XPD USD charts, liquidity, and volume. Get top exchanges, markets, and more. Latest News. Last Week in Crypto: Ripple Sponsors Ethereum Event, Bitcoin Crashes Under $9,00 11 days ago. By continuing to … PetroDollar (@ThePetroDollar) | Twitter The latest Tweets from PetroDollar (@ThePetroDollar). The First Cryptocurrency For The Oil Market

29 Nov 2019 The reason is the preservation of the Petrodollar system, the currency in which most oil is traded. The demise of this system would bring about a 

7 Jun 2019 good news for consumers, but bad for Opec's petrodollar economies Its diverse economy and flexible currency can better absorb the blow  13 Mar 2018 The new digital currency is called "PetroDollars." Its initial coin offering is expected to take place in late 2018. New York-based investment and  4 Sep 2019 The US dollar won its world reserve currency status after the Bretton Woods the gold peg and created the scene for the current petrodollar system. Follow Bitcoinist on social media to keep up-to-date with the latest news! This coin has been designed to have a 1:10000 relationship to barrels of oil still existing in the ground. p$1 = 1,000 barrels. Oil consumption  13 Dec 2017 Gold Price News. petro dollar collapse In order to maintain the dollar as the world's reserve currency the United States-Saudi Arabian Joint 

20 Mar 2020 Billion-dollar fortunes were made and lost. But perhaps no one had as perilous a ride as Mr. Jiménez. His faith in digital currency transported him 

From today on (20th August), the PetroDollar is an official currency in Venezuela. By Micha Sprick; August 20, 2018; Cryptocurrency News; 4183 Views; No  11 Dec 2017 China, Russia and Iran are set to agree on currency swap agreements to rule out the dollar from oil trade, while China are working on a  PDX COIN - A globally compliant digital reserve currency. PDX is a digital currency that is at the core of a powerful new banking and financial All News PDX  11 Mar 2020 “The dollar has weakened, mostly because China has been selling dollars quite liberally … in order to keep its own currency more or less  Under the country's fixed exchange rate to the US dollar the new currency is devalued by roughly 95% compared to the old bolivar fuerte. Additionally, the new 

The PetroDollar Coin and its Connection with the Price of Oil. Although there are now dozens of cryptocurrencies on the market, the PetroDollar coin stands out among them. Why is this? The PetroDollar (XPD) is the first digital money to be linked to the price of oil.

PetroDollar (XPD) is currently the #808 cryptocurrency by market cap at $1.5M USD. Trading volume for PetroDollar over the last 24 hours is $1.4 USD. There have been no news stories on PetroDollar over the last 7 days. The most common news source covering PetroDollar is Cointelegraph and the most common news category is Project Announcements.

11 Mar 2020 “The dollar has weakened, mostly because China has been selling dollars quite liberally … in order to keep its own currency more or less  Under the country's fixed exchange rate to the US dollar the new currency is devalued by roughly 95% compared to the old bolivar fuerte. Additionally, the new  everything you read about in the news is a move on the geopolitical “Go” board . Contrary to what many believe, the petrodollar is not the source of the U.S. Especially if this potential “Neft-coin”(Neft is Russian for 'oil') is convertible into