Sentences with phrase «as a form of currency by»

Beads made from Olivella shells were manufactured on the Channel Islands and used as a form of currency by the Chumash.

Not exact matches

But in an interesting twist, a developer who was hired by Reddit to work on the idea of a «crypto - currency» — a form of Bitcoin that users could receive in exchange for contributing content, or as a way of distributing some of the shares that were issued in the site's fundraising round — said in a post on Medium that he was working on a plan to de-centralize Reddit in just this way before he was let go.
To further increase the possibility that all borrowers have a fair opportunity to request a foreclosure review, the Comptroller of the Currency and the Chairman of the Board of Governors of the Federal Reserve System should enhance the readability of the request - for - review form on the independent foreclosure review website so that it is more understandable for borrowers, such as by including a plain language guide to the questions.
So declared Israel's central bank, which said Monday, as reported by Reuters, that it would not view cryptocurrencies — bitcoin among them, of course — as a reputable form of currency.
The first action that they consider is using coconuts as their form of currency — an idea that is quickly overshadowed by the notion of using seashells to represent the coconuts (clearly a jab at the idea of a federal reserve).
On 6 August 2013, Federal Judge Amos Mazzant of the Eastern District of Texas of the Fifth Circuit ruled that bitcoins are «a currency or a form of money» (specifically securities as defined by Federal Securities Laws), and as such were subject to the court's jurisdiction, [274][274] and Germany's Finance Ministry subsumed bitcoins under the term «unit of account» — a financial instrument — though not as e-money or a functional currency, a classification nonetheless having legal and tax implications.
For example, if Bitcoin is not a currency, then Bitcoin forwards and Bitcoin swaps that involve the exchange of Bitcoin for another currency will not fall under the statutory definitions of the more lightly regulated foreign exchange forwards or foreign exchange swaps.10 Likewise, retail trading of Bitcoin derivatives will be limited to designated contract markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purposes).14
RBOptions also offers a wide selection of assets that are available to trade, these include many currencies, a variety of stocks, indices form around the world and an investor can also make trades by using commodities as their asset of choice.
To be able to buy and sell a cryptocurrency, you need to purchase it with another form of currency such as digital currency (Skrill, Neteller, etc) or fiat currency (US Dollars, Euros or other currencies issued by central monetary authorities).
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
Maca benefits have historically been so sought - after and well - known in the area that the root was accepted by the Spanish as a form of currency during the colonization of the Inca Empire.
Among the important factors that could cause Rio Tinto's actual results, performance or achievements to differ materially from those in the forward - looking statements include, among others, levels of actual production during any period, levels of demand and market prices, the ability to produce and transport products profitably, the impact of foreign currency exchange rates on market prices and operating costs, operational problems, political uncertainty and economic conditions in relevant areas of the world, the actions of competitors, activities by governmental authorities such as changes in taxation or regulation and such other risk factors identified in Rio Tinto's most recent Annual Report on Form 20 - F filed with the United States Securities and Exchange Commission (the «SEC») or Form 6 - Ks furnished to the SEC.
Written and directed by Andrew Niccol, In Time transpires in a futuristic landscape where everyone has been genetically altered to stop aging at 25 - with the hitch being that time has replaced money as a form of currency (ie if you run out of time, you die).
The bike customisation has been expanded in comparison to the first game as it now spans over 1,200 parts and over 600 liveries which makes it even more reminiscent to that of the original Gran Turismo as you start off with the basic form of the bike and progressively improve it via a variety of categories including engine; transmission; brakes and suspension; appearance; and wheels, while every category has its own components which can be upgraded with in - game currency referred to as credits which are earned by completing races as high up the field as possible.
The bike customisation is reminiscent to that of the original Gran Turismo as you start off with the basic form of the bike and progressively improve the performance via a variety of categories including exhaust; tyres; rims; suspension; and brake discs, while every category has multiple brands providing their components at various qualities which can be upgraded with in - game currency which is earned by completing races as high up the field as possible.
There are lots of additional activities beyond completing the levels comprising of 19 races available in free play mode with participation available via droids, on foot characters or miniature representations of ships; achieving True Avenger status on every level by collecting a specific amount of LEGO studs; unlocking 205 characters; collecting 180 minikits; collecting 250 gold bricks with a variety of purposes such as collecting 10 to 60 gold bricks within The Force Awakens levels to unlock new story missions that go beyond the story of The Force Awakens; collecting 35 carbonite bricks to unlock characters; purchasing 25 red bricks to unlock a variety of extras such as a stud magnet; x2, x4, x6, x8 and x10 multipliers; disco lightsabers that change colour; a collectible detector; and much more besides for a cost ranging from 100,000 to 5,000,000 LEGO studs which are used as a form of in - game currency.
These pearls are essentially a form of skill point currency and is actually a rather ingenious method improving your character, alleviating the stagnation of grinding levels (of which the cap is 999) by giving you the power to improve specific stats quicker and as frequently as you have the required pearls.
Humanity is gone, replaced by Insight — another form of currency which ties heavily into the lore of the game and whose impact on gameplay is only partially known at this point, with some suspecting it increases difficulty as more is collected.
By questioning investments in art as proof of self - expression — through tactics of anonymity, collective agency, shared authorship, appropriated identities, delegated curating and art making, and financial speculation — works in the exhibition highlight how subjectivity has been treated as a form of living currency to exploit, market and sell to.
Operators who have tried to commercialise their offering by enabling access to other sites which allow betting on the outcome of the games with Skins or other forms of virtual currency, face the real danger of enforcement action, as occurred in the FutGalaxy case.
Starting by informing the audience about the perils of thinking about bitcoin simply as a form of currency, the entrepreneur whose firm has raised nearly $ 10m in total VC funding told the audience:
The most valuable digital currencies are all holding up well above their lows form Monday, as the whole segment is up by almost 40 % on average, despite the overnight dips of the last two days.
As per PTI reports, RBI associates risks of money laundering with the virtual currency forms which are extremely susceptible to misuse by fraudsters and terrorists.
As reported by Bloomberg, Soros» firm is the third - largest shareholder of the e-commerce company — which, in addition to notably becoming the first major retailer to accept digital currencies as a valid form of payment in August 2017, plans on starting its own cryptocurrency exchange and offering its own digital coinAs reported by Bloomberg, Soros» firm is the third - largest shareholder of the e-commerce company — which, in addition to notably becoming the first major retailer to accept digital currencies as a valid form of payment in August 2017, plans on starting its own cryptocurrency exchange and offering its own digital coinas a valid form of payment in August 2017, plans on starting its own cryptocurrency exchange and offering its own digital coins.
(Updated March, 2018) Ever since Satoshi Nakamoto published his famous paper detailing how Distributed Ledger Technology (DLT), which is another nomenclature for Blockchain technology, can underpin a digital currency, the first of which would later be known as Bitcoin, the world has been taken by storm by this new form of settling financial transactions.
The company's Steve Strongin said most digital currencies were unlikely to survive in their current form, and investors should prepare for coins to lose all their value as they're replaced by a small set of future competitors.
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