Petro: What is Venezuela's new bitcoin alternative and why is it so controversial?

The Independent - Tech 

Venezuela has developed a brand new cryptocurrency, called petro. The government of the crisis-hit country says it was created in order to help overcome financial sanctions imposed by the US and the EU. However, petro is considered to be illegal by opposition leaders in Venezuela, and there are also concerns that anyone who buys into it could quickly lose their investment. The I.F.O. is fuelled by eight electric engines, which is able to push the flying object to an estimated top speed of about 120mph. The giant human-like robot bears a striking resemblance to the military robots starring in the movie'Avatar' and is claimed as a world first by its creators from a South Korean robotic company Waseda University's saxophonist robot WAS-5, developed by professor Atsuo Takanishi and Kaptain Rock playing one string light saber guitar perform jam session A man looks at an exhibit entitled'Mimus' a giant industrial robot which has been reprogrammed to interact with humans during a photocall at the new Design Museum in South Kensington, London Electrification Guru Dr. Wolfgang Ziebart talks about the electric Jaguar I-PACE concept SUV before it was unveiled before the Los Angeles Auto Show in Los Angeles, California, U.S The Jaguar I-PACE Concept car is the start of a new era for Jaguar.

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