Sentences with phrase «as a form of currency in»

Four out of five prisoners smoke and tobacco acts as a form of currency in prison.

Rolling tobacco is available from every prison canteen and is also used as a form of currency in prisons that are supposed to be cash - free.

Not exact matches

On August 1, the miners will implement a software update that will create a so - called «fork» and result in two versions of the bitcoin blockchain — and two forms of the currency as well.

You see, although bitcoin and other cryptocurrencies are commonly referred to as a form of digital currency, in the eyes of the IRS, cryptocurrencies are capital assets, like stocks or commodities, and are therefore subject to capital gains taxes.

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.

He said while the government will likely always participate in regulation in some form, it would «behoove investors» to come together and form some type of independent oversight committee — before Congress makes a decision as to who should regulate spot currencies and how.

Some online merchants that accept bitcoin as payment, according the FTC, may not deliver the product on time or may only offer refunds in the form of store credit, not currency: «That is why it is important to always know the seller and their policies before making a purchase.»

For law - abiding investors, however, the process of reporting digital currency profits — which are taxed as ordinary income in the short term and as capital gains in the long term — will be arduous since Bitcoin exchanges have yet to provide customers with a 1099 form.

This doesn't mean, of course, that everyone will heed the rule, especially as an IRS investigation revealed that only 802 customers of Coinbase, a popular digital currency exchange, filed a 8949 form related to Bitcoin - related activity in 2015.

Some may accept credit card payments, wire transfers, postal money orders, or other forms of payment (such as another virtual currency), in exchange for Ether or other virtual currencies.

As for the British example at the end of the 19th Century, in those days currency was part of reserve accumulation, but much if not most reserves were in the form of gold or silver, and while Britain had the most important reserve currency, the difference between central bank holdings of sterling and central bank holdings of other gold - based currencies, like the franc, were pretty small relative to total trade.

Such risks and uncertainties include, but are not limited to: our ability to achieve our financial, strategic and operational plans or initiatives; our ability to predict and manage medical costs and price effectively and develop and maintain good relationships with physicians, hospitals and other health care providers; the impact of modifications to our operations and processes; our ability to identify potential strategic acquisitions or transactions and realize the expected benefits of such transactions, including with respect to the Merger; the substantial level of government regulation over our business and the potential effects of new laws or regulations or changes in existing laws or regulations; the outcome of litigation, regulatory audits, investigations, actions and / or guaranty fund assessments; uncertainties surrounding participation in government - sponsored programs such as Medicare; the effectiveness and security of our information technology and other business systems; unfavorable industry, economic or political conditions, including foreign currency movements; acts of war, terrorism, natural disasters or pandemics; our ability to obtain shareholder or regulatory approvals required for the Merger or the requirement to accept conditions that could reduce the anticipated benefits of the Merger as a condition to obtaining regulatory approvals; a longer time than anticipated to consummate the proposed Merger; problems regarding the successful integration of the businesses of Express Scripts and Cigna; unexpected costs regarding the proposed Merger; diversion of management's attention from ongoing business operations and opportunities during the pendency of the Merger; potential litigation associated with the proposed Merger; the ability to retain key personnel; the availability of financing, including relating to the proposed Merger; effects on the businesses as a result of uncertainty surrounding the proposed Merger; as well as more specific risks and uncertainties discussed in our most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.cigna.com as well as on Express Scripts» most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.express-scripts.com.

«PIAC is calling on policy makers to define «loyalty currency» as a form of non-cash payment, with the intention of having loyalty currency enjoy protections similar to other forms of payment under the payments system in Canada» added John Lawford, Executive Director of PIAC.

Because crazy as it may seem, it was the real estate bubble that brought in the foreign exchange — in the form of mortgage loans denominated in foreign currencies — that financed their structural trade deficits.

This «money of the world,» as Sir James Steuart called gold in 1767, formed the basis of domestic currency as well.

Tom Taylor, head of Amazon payments, told Re / code in an interview that the company has mulled over the idea of accepting the digital currency as a form of payment, but it has declined to implement.

Some cryptocurrency traders believe that people in first world countries will look to Bitcoin as an investment where countries in Africa, people will rather see Bitcoin as a new form of currency to use daily.

After the boom and bust and boom of bitcoin, the next hot topic in the world of cryptocurrency is initial coin offerings (ICOs), an innovative form of crowdfunding that uses digital currencies as the investing mechanism for startups to raise capital.

Similarly, earlier this week, Bank Indonesia expressed that virtual currencies, including bitcoin, are no longer recognized as a legitimate form of payment and are forbidden for use in all financial transactions.

These include currency risks — in the form of company - level mismatches as EM issuers generally do not fully hedge hard currency borrowings — and insolvency risks such as more uncertainty in financial restructuring because of inconsistent priorities and a lack of focus across jurisdictions.

To put it simply, an asset or assets, in the case of binary options trading, are the virtual items which you have purchased, may it be in the form of stocks, or through calls and acquiring them later on as you succeed in making profits and increase the amount of stocks or binary options trading items that you have — regardless of the dynamic, might it be an item, food, fuel, or foreign currency «betting».

While that plausibility looks remote, there is little uncertainty that as the main digital currency at a display, Bitcoin's prosperity (or deficiency in that department) in managing the difficulties it appearances may decide the fortunes of different cryptographic forms of money in the years ahead.

In particular, a lot of attention has been focused on whether tokens should qualify as a form of security, a virtual currency or as an asset more relatable to property or commodities.

«In recent months we have seen virtual currencies themselves as the building block for further innovation, in the form of Bitcoin futures contracts in the US,» Maijoor addeIn recent months we have seen virtual currencies themselves as the building block for further innovation, in the form of Bitcoin futures contracts in the US,» Maijoor addein the form of Bitcoin futures contracts in the US,» Maijoor addein the US,» Maijoor added.

For tax purposes, virtual currencies are treated as capital assets or income depending on whether the virtual currency was held for investment purposes, or if the virtual currency was received as a form of compensation (e.g., if the donor is a miner or received compensation in the form of virtual currency).

Working reserves are normally in the form of vault currency, deposits at other banks, cash being collected and excess reserves held as deposits at the Federal Reserve bank.

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.

Formerly known as Darkcoin, or Xcoin, Dash is an open - form of peer - to - peer virtual currency that was originally introduced in 2014.

It is the Registrant's view that Bitcoins should not be regarded as coins, or otherwise as collectibles, for purposes of section 408 (m), because Bitcoins are a virtual, rather than a fiat currency (see «Bitcoin Value,» above) and, as such, do not take the form of tangible personal property, in contrast to a coin or any of the other items defined as a «collectible» under Section 408 (m).

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.

It could also be written in the contracts of players that they receive bonuses in the form of cryptocurrencies, as the proliferation of digital currencies continues worldwide.

But Alex Salmond has hit out at the rejection of a currency union in the current proposed form, describing the comments of all three main UK parties, two main parties in the Hollyrood Parliament and the Treasury's most senior civil servant as bluff, bluster and bullying».

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.

Friedman: Well, it -LSB-'s] precisely because — and again [this] goes back to the thesis — in a world that is hot, flat, and crowded, clean power, clean technology, the ability to have your energy in both the clean form where you know the cost of your power and you can control that much better; that's going to be a source of power generally and that's going to be a currency of power, every bit Is [as] much as tanks, planes, and nuclear missiles have been during the cold war.

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 dieIn 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 diein 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).

But as international currencies become smaller, lighter and more homogenized, coin collectors thrill at uncovering rarer forms of money, a hobby and history lesson in one that can provide an annual return of 12 percent and sometimes turn a modest investment into millions.

As a writer, content is your currency and it typically comes in the form of your author blog and, of course, your books.

The virtual currency will work as a new form of payment for purchasing apps, games and in - app items in its Appstore on the Kindle Fire.

All forms of securities may decline in value due to factors affecting securities markets generally, such as real or perceived adverse economic, political, or regulatory conditions, inflation, changes in interest or currency rates or adverse investor sentiment.

However, if there are particular factors that distinguish one virtual currency as like - kind to another virtual currency for section 1031 purposes, the IRS should clarify these details (e.g., allowing the treatment of virtual currency held for investment or business as like - kind to another virtual currency) in the form of published guidance.

For example, the amount of currency in circulation rose rapidly in late 1999, as fears of Y2K - related problems led people to build up their holdings of the most liquid form of money, and then it showed no increase (even on a seasonally adjusted basis) in the first half of 2000.

To put it simply, an asset or assets, in the case of binary options trading, are the virtual items which you have purchased, may it be in the form of stocks, or through calls and acquiring them later on as you succeed in making profits and increase the amount of stocks or binary options trading items that you have — regardless of the dynamic, might it be an item, food, fuel, or foreign currency «betting».

The gold used as a financial backing for currency was most often held in the form of gold bars, also known as «gold bullion.»

I loved this option as it meant that I could keep the points for this booking in the form of Ultimate Rewards points (a very flexible currency) until I was 100 % sure that we wouldn't be cancelling the reservation.

I would always advise having several forms of plastic to choose from in case you're declined, as well as having a small amount of foreign currency on you at all times.

In any case, you'll be driving at one preliminary goal: to gain as many coins and lanterns (the two forms of in - game currency) as possiblIn any case, you'll be driving at one preliminary goal: to gain as many coins and lanterns (the two forms of in - game currency) as possiblin - game currency) as possible.

The labeling will «be applied to games with in - game offers to purchase digital goods or premiums with real world currency,» the ESRB said in a press release today, «including but not limited to bonus levels, skins, surprise items (such as item packs, loot boxes, mystery awards), usic virtual coins and other forms of in - game currency, subscriptions, season passes and upgrades (e.g., to disable ads»).

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.

A major gameplay element in the Destiny series is your character's power level which is gradually increased as you find new loot that is usually an improvement on your previous loadout or collect in - game currency in the form of Glimmer to purchase items from any ally character that are willing to sell their weaponry, armour and more besides.

The new In - Game Purchases label will be applied to games with in - game offers to purchase digital goods or premiums with real world currency, including but not limited to bonus levels, skins, surprise items (such as item packs, loot boxes, mystery awards), music, virtual coins and other forms of in - game currency, subscriptions, season passes and upgrades (e.g., to disable adsIn - Game Purchases label will be applied to games with in - game offers to purchase digital goods or premiums with real world currency, including but not limited to bonus levels, skins, surprise items (such as item packs, loot boxes, mystery awards), music, virtual coins and other forms of in - game currency, subscriptions, season passes and upgrades (e.g., to disable adsin - game offers to purchase digital goods or premiums with real world currency, including but not limited to bonus levels, skins, surprise items (such as item packs, loot boxes, mystery awards), music, virtual coins and other forms of in - game currency, subscriptions, season passes and upgrades (e.g., to disable adsin - game currency, subscriptions, season passes and upgrades (e.g., to disable ads).