Sentences with phrase «as a digital currency rather»

In Japan, mainstream adoption of Bitcoin is imminent, with leading airlines, electronics retailers and some of the country's most well - known and influential companies accepting Bitcoin as digital currency rather than as digital gold and investment.

Apart from the Philippines and China, Japan is one of the few markets that has been considering bitcoin as a digital currency rather than as digital gold and a long - term investment.

Not exact matches

While dozens of hedge funds have sprung up this year to invest in the white - hot digital currency market, this one, known as Arrington XRP Capital, is the first to be denominated in a crypto - currency rather than dollars or euros.

Representatives from 20 countries who are currently gathered in Buenos Aires for a G20 summit are approaching a consensus that the digital tokens commonly referred to as cryptocurrencies are assets rather than currencies, according to reports.

Lagarde also said that in countries with weak institutions and unstable national currencies it may be preferable to move to a digital currency rather than adopting the currency of another country such as the U.S. dollar.

The Coinbase Commerce button works in a similar way to the PayPal plugin but rather than accepting fiat currencies, the new service allows for virtual currencies to be integrated as electronic payments, offering a more efficient digital payment option.

By being one of the front - runners in regulating and taxing digital currencies, Australia has positioned itself as rather hostile towards Bitcoin.

This fork represents a segment of the cryptocurrency community that wants to see digital coins compete primarily as mainstream currencies and payment mediums rather than digital gold (though they believe Bitcoin has value as an investment as well).

As with many new digital currencies, it's still rather unstable, and currently sits around $ 397.

But Roszak contends Vulcan is best considered as an «enablement platform» that would provide businesses with a «plug and play» way to launch digital currencies (rather than their own standalone blockchains).

We would not classify the majority of crypto assets as currencies, but rather most are either digital commodities (crypto commodities), provisioning raw digital resources, or digital tokens (crypto tokens), provisioning finished digital goods and services.

Ongoing tensions in Asia created a positive stimulus in boosting the Bitcoin price as investors would any day prefer holding on to digital equivalents when the first missile flies rather than any regional currency form.

Centralized virtual currencies are digital currencies that have a «centralized repository»; this is likely intended as a catch - all term for any virtual currencies which are not simply tokens for «real» currency or precious metals but rather a currency in their own right, Second Life's Linden dollars is perhaps the existing canonical example, although a hypothetical Bitcoin - like unbacked currency backed by a central repository would also fall into the scope.

The company's comments echo those of others in the digital currency space, such as Max Keiser, who see Bitcoin as a sort of «Gold 2.0» rather than a medium of exchange:

Rather, anything purchased using a digital currency is taxable as a capital gain — including the purchase of other cryptocurrencies.

Many in the digital currency industry are advocating Bitcoin's use as digital gold, rather than as a payment method, per se.

Burger King Russia has announced the creation of its own digital token called «WhopperCoin» which will presumably be used as a reward token rather than a currency.

There's another side of the virtual coin in this discussion — that Bitcoin doesn't need to be an everyday currency, but rather serve as the store of value in the representative form of digital gold.