Sentences with phrase «in traditional fiat money»

In traditional fiat money systems, governments simply print more money when they need to.

Not exact matches

In traditional fiat currency systems, government simply prints more money when they need to.

What helped the most was the fact that the vendors who received Litecoin payments received the money in actual traditional fiat currencies.

The main advantage of sending money between cryptocurrencies in a digital wallet is that you can also quickly and easily access your traditional, fiat currency.

Even though traditional fiat currencies are also used in dodgy dealings, in this case, because of the sanction - imposed lack of said fiat money, the positive attributes of cryptocurrencies are ideal for North Korea.

In cross-border transactions involving multiple currencies, the exchange of fiat currency to Lumen and vice-versa allows consumers and businesses to send and receive money across borders, faster and cheaper than traditional payment services.

Since Bittrex does not support fiat currency, nor does it store fiat currency, you can not withdraw traditional money from Bittrex, You can, however, withdraw your funds in the form of Bitcoin.

As investors lose confidence in central banks and traditional forms of fiat money, crypto assets are becoming more viable.

One of Bitcoin's greatest value propositions is its known «set in stone» monetary policy and, unlike traditional government issued fiat currencies, no person or organisation can debase the value of bitcoin by printing more money.