Re:Venezuela Forcibly Converts Pensions into Petro
by whymauri on Monday December 17, 2018 @04:54AM
(#18697940)
I have Venezuelan news sources [1] - it's not breaking news. I think it was announced a few months ago. A lot of benefits/incentives/government wages have been making this weird transition to a digital wallet of sorts. I have a final exam tomorrow so I cannot translate at the moment.
"Starting now, we will pay pensions through a digital wallet on a monthly basis. This is so senior citizens can rest easy and have more freedom in their spending habits."
Imperfect translation, but functional I hope. I'm not 100% sure if the digital wallet is in Petro, I do think it's through a sort of citizenship card though. I can ask my parents tomorrow morning to clarify. I think the crypto news/media is confounding the gov. digital wallet with the Petro? Things happen so fast nowadays I can barely keep up with the mess.
http://www.el-nacional.com/noticias/economia/maduro-pago-las...
Side note, this is the same newspaper that was trending earlier this week for shutting down.
Official announcement from presidential press office:
https://twitter.com/PresidencialVen/status/10338222224677150...
"Starting now, we will pay pensions through a digital wallet on a monthly basis. This is so senior citizens can rest easy and have more freedom in their spending habits."
Imperfect translation, but functional I hope. I'm not 100% sure if the digital wallet is in Petro, I do think it's through a sort of citizenship card though. I can ask my parents tomorrow morning to clarify. I think the crypto news/media is confounding the gov. digital wallet with the Petro? Things happen so fast nowadays I can barely keep up with the mess.