Sentences with phrase «against fiat money»

But even Brad Garlinghouse, chief executive of XRP - fueled cross-border payments startup Ripple, isn't against fiat money.

That the economists decided to pit bitcoin, etc. against fiat money is okay, and spending is certainly a key application of cryptocurrencies.

For instance, if Alice used the key to make a purchase at an online merchant where she needed to provide her contact details, or if, in order to exchange her crypto against fiat money, she made a transfer to a cryptocurrency market that required her details for KYC (know - your - customer) purposes, her real - life identity can be traced.

It will also improve its fungibility against fiat money.

Once implemented, it would significantly improve Bitcoin's utility as a digital medium of exchange against fiat money.

Real Bitcoin brokers are platforms where you actually buy Bitcoins or other cryptocurrencies when you trade them against fiat money.

Traders who intend to trade Bitcoin against fiat money with the goal to accumulate more USD (or another fiat currency) can use that kind of broker.

In other words, if bitcoin has a future, it probably lies in giving gold a run for its money as a hedge against the fiat money.

So ask yourself, how can you effectively hedge against a fiat money system with another type of fiat money?

Not exact matches

That would be the knock against many of the current fiat systems; central banks can print money and deflate its value, thereby decreasing its purchasing power.

Launched on Monday, Bitcoin Against Ebola is a non-profit initiative that aims to reduce the percentage of charitable donations lost to fees in fiat currency money transfers.

Stiglitz is taking a position that isn't uncommon among policymakers and bankers, pitting centralized fiat money against cryptocurrencies despite the fact that many in the crypto community have said that there is room for both.