Sentences with phrase «lhcoin as a means of payment»

Other executives, including International Monetary Fund chief Christine Lagarde, say virtual currencies should not be dismissed and could have useful applications, such as a means of payment in countries with unstable currencies.
Its goal is to produce banknotes that everyone can trust, both as a means of payment and a store of value.
At the time Johnson also revealed that Fidelity had been accepting bitcoin payments in its cafeteria, but said the experiment had highlighted the technology's flaws as a means of payments.
As a means of payment, the early use of monetized grain and silver was mainly to settle...
Bitcoin has since been adopted by several merchants as their means of payment.
Bitcoin is accepted as a means of payment for goods and services.
But the Bitcoin network's inefficiencies mean nobody is using it as a means of payment, merely speculating on its price.
Harris stated that Bitcoin is useless as a means of payment.
However, if you don't have a credit card, you can use your check as a means of payment.
As a means of payment, the early use of monetized grain and silver was mainly to settle such debts.
Even where accepted, a currency whose value can swing 10 percent or more in a single day is useless as a means of payment.
We've done some digging to find out which merchants accept Bitcoin as a means of payment in the United Kingdom.
For the intrepid traveler, using bitcoin as a means of payment while traveling abroad is a great way to connect with local bitcoin communities and also potentially save on transaction fees.
It is almost impossible to use it as a means of payment.
While corporations can accept cryptocurrencies as a means of payment or value exchange, Hoffmeyer believes they have limited application for corporates, unlike blockchain technology.
It states that merchants can accept them as means of payment, should they wish, without having to comply with AML regulations — the payment - service providers hold that responsibility.
Venezuela's President Maduro has ordered government services to accept cryptocurrencies as a means of payment.
The internal currency of the ecosystem is an ERC - 20 compliant Streamity token (STM), which will be used as a means of payment for all the services offered by the project.
Both exchanges support debit cards and wire transfers as a means of payment and have very high trade volumes.
Thus, the creator declares and promises their backers that their product will (or already does) accept KickCoins as a means of payment, at a rate of conversion listed on cryptocurrency exchanges.
Cryptocurrencies can give you access to any good or service on the condition the vendor chooses to accept it as a means of payment.
Some will just pick the card their hand touch as a means of payment for any transaction they want to make.
However, if you don't have a credit card, you can use your check as a means of payment.
Even where accepted, a currency whose value can swing 10 percent or more in a single day is useless as a means of payment.
Some airlines, hotels and car rental agencies may not accept prepaid cards as a means of payment.
Many pieces in the collection are not in fact legal tender, yet they function as a means of payment in their mutual acceptance by exchanging parties.
The FCA states that it does not currently regulate cryptocurrencies themselves (i.e. those designed primarily as a means of payment / exchange).
Some companies have been dropping Bitcoin as a means of payment due to the high fees associated with it.
According to one user, the platform has stopped accepting Bitcoin as a means of payment.
Some Reddit users suggest that, perhaps, the corporation really intended to give up supporting bitcoin as a means of payment but changed its mind due to expressed dissatisfaction of customers.
ARK is a Lisk - forked cryptocurrency intended for broad consumer adoption, offering features like a smartcard as a means of payment, InterPlanetary File System (IPFS) integration, and cross blockchain transactional capacities.
The new draft law will define the term «money surrogates», and also determine penalties for the use of cryptocurrencies as a means of payment.
Germany won't tax bitcoin users for using the cryptocurrency as a means of payment, the Ministry of Finance has said.
Unlike the U.S., Germany will regard bitcoin as equivalent to legal tender when used as a means of payment, according to a new government document.
For starters, the volatility of the currency has led to some legitimate companies refusing to accept it as a means of payment — meaning that they're off - limits to those who only want to pay with cryptocurrency.
As more people continue to learn about the blockchain technology and accept cryptocurrencies as a means of payment, we expect the technology to receive more government attention.
Today, there are already thousands of merchants around the world accepting Bitcoin as a means of payment, thus proving the growing usefulness of it.
Does its lack of volatility make it attractive as a means of payment?
One of the first universities in Germany to accept Bitcoin as a means of payment is the European School of Management and Technology (ESMT).
Russia's Finance Ministry said on Thursday it was working on legislation to regulate cryptocurrency transactions without fully banning them or legalising digital FX as a means of payment in Russia.
The Bitcoin is no longer shelved, some of the largest companies in the world are beginning to accept cryptocurrencies such as Bitcoin as a means of payment.
In addition to trading the dominant cryptocoins, one of CryptoHawk's primary essence also lies in further establishing and promoting the acceptability of cryptocurrencies as a means of payment in the society across all industries and sectors; from the standard trading of cryptocurrency on exchanges to making a purchase in the local retail store using any recognized coin.
In May 2014, following the request of many customers, DISH called on Coinbase to integrate Bitcoin as a means of payment for its satellite television services.
PARKGENE is issuing the GENE token, that will be used as a means of payment for parking.
The news source suggested that Benke remains optimistic about bitcoin's potential as a means of payment on the continent, but that the move was a business decision, writing:
One of the biggest companies on earth, Amazon, could soon accept Bitcoin as a means of payment.
The German authorities justified this decision by stating that all virtual currencies such as Bitcoin will be considered a legal method of payment as long as all parties involved in the transaction accept that that cryptocurrency will be used as a means of payment.
Another important information coming from South Korea today is that WeMakePrice, a South Korean Mall, is going to accept twelve different cryptocurrencies as a means of payment.
This Blockchain network uses a unit of account called «Ether» as a means of payment for these contracts.
«It is pre mature to consider them as a means of payment.
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