Virtual currency Bilur “linked to oil price” wants to make bitcoin competition

The Price of the virtual money Bilur is linked to the oil price.

A new virtual currency called Bilur wants to make bitcoin competition.
London-based financial firm R Fintech presented the new virtual money linked to the oil price in Geneva.

It is the first virtual currency with a “real value”, said Fintech’s chief Ignacio Ozcariz. Coupled with Brent The company set the value of a bilingue at 6.5 barrels of the North Sea Brent, currently equivalent to 326 euros. While the currency Bitcoin is now accepted by merchants worldwide as a means of payment, Bilur does not.


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