Sentences with phrase «virtual money represents»

Virtual money represents «the new Internet counterculture,» he said, and the movement stands in contrast to today's Silicon Valley establishment: old fogies like Alphabet, Facebook, et al. (I have yet to debrief with the evening's moderator, Fortune's Adam Lashinsky, who was not hot on Bitcoin last I checked.)

Not exact matches

Although Facebook's (FB) $ 2 billion acquisition of virtual reality gear maker Oculus in 2014 represents the bulk of VR investments since 2010, there are plenty of other companies looking to plow money into the technology.

And it notes the European Central Bank's (ECB) report «Virtual Currency Schemes» (October 2012) worrying that «virtual currency schemes -LSB-...] could represent a challenge for public authorities, given the legal uncertainty surrounding these schemes, as they can be used by criminals, fraudsters and money launderers to perform their illegal activities.Virtual Currency Schemes» (October 2012) worrying that «virtual currency schemes -LSB-...] could represent a challenge for public authorities, given the legal uncertainty surrounding these schemes, as they can be used by criminals, fraudsters and money launderers to perform their illegal activities.virtual currency schemes -LSB-...] could represent a challenge for public authorities, given the legal uncertainty surrounding these schemes, as they can be used by criminals, fraudsters and money launderers to perform their illegal activities.»

Meanwhile, the Coalition to Invest in Public Schools, representing many of the lead plaintiffs in the current funding adequacy case, has adopted as one of its principles adamant opposition to «the use of public funds to provide financial resources to private elementary and secondary schools through funding of programs or materials, tax credits, virtual charters, and / or vouchers, and considers such funding an improper use of tax revenue and public monies.»

However, in each of these instances we contract with an institution to store a virtual representation of real world value — that is, the bank and you agree that the number in your bank account represents real money.