Sentences with phrase «alternative means of exchange»
Lawrence White begins with obstacles to alternative means of exchange.
http://alephblog.com/ Not exact matches
Bitcoin got an unexpected endorsement this week - federal authorities signaled they view the digital currency as a legal means of exchange and legitimate payment alternative.
This is a «prepackaged» bankruptcy filing where the company has reached an agreement with its creditors — which include PE firms Elliott Management, Monarch Alternative Capital LP, and Apollo Global Management — to restructure its debt, meaning that ownership will be transferred to creditors in exchange for some of the debt.
A crypto currency is an alternative currency that is designed to serve as a means of exchange between people and businesses that are willing to accept them.
With bitcoin drifting back toward its all - time high and interest in virtual currency growing — both as a store of value and as a means of speculation — traders have little alternative but to use current centralized exchanges that have always proven a point of weakness in the bitcoin ecosystem.