Sentences with phrase «volatile currencies do»

Volatile currencies don't make useful transactional currencies, as the value must be relatively stable to be accepted by the mainstream.

Not exact matches

In a Bloomberg Television interview last month, he said his bank didn't need a bitcoin strategy yet because the digital currency is still just developing and volatile.

This is a far less volatile way of doing things than using exchange rates: for example, the price of a hamburger doesn't jump 27 % simply because of currency fluctuations.

But the dealer didn't need to worry about the risks associated with the volatile currency.

Bitcoin may have originally been proposed as an alternative currency, but with such volatile pricing, it doesn't qualify anymore, he warns.

If you want to use that money and maybe don't have the time to wait a few years if things should go bad, than you will definitely want to hold a good bunch of your money in the currency you buy most stuff with (so in most cases the currency of the country you live in) even if it is more volatile.

If you're invested in tracking the volatile price of this digital currency, you might as well let Alexa do the legwork.

We must all bear in mind that Bitcoin is a new currency and that it will be volatile however, we believe that in the future as Bitcoin is adopted by more people, activities in China might not have such a huge impact on the Bitcoin price as it does today.

CEO Lloyd Blankfein has been more judicious stating in an earlier interview with Bloomberg that his bank did not need a Bitcoin strategy yet because the digital currency is still just developing and volatile.

, Blankfein derided the flagship cryptocurrency as a «vehicle to perpetrate fraud,» stating that an asset as volatile as bitcoin does not strike him as an effective currency or store of value.

In an interview with Bloomberg Television, Blankfein derided the flagship cryptocurrency as a «vehicle to perpetrate fraud,» stating that an asset as volatile as bitcoin does not strike him as an effective currency or store of value.

Presently, the Indian government and regulators do not authorize any exchange to trade in virtual currencies and have also warned people against making investments in such highly volatile currencies.