Sentences with phrase «as a means of payment»

It also sports the highest merchant adoption rate with over 100,000 merchants across the globe accepting bitcoin as a means of payment.
As more people continue to learn about the blockchain technology and accept cryptocurrencies as a means of payment, we expect the technology to receive more government attention.
Some will just pick the card their hand touch as a means of payment for any transaction they want to make.
Not many people understand that you can use digital currency as a mean of payment, an investment and a technology.
On the one hand, the cryptocurrency is not recognised as a means of payment by the official structures.
Even where accepted, a currency whose value can swing 10 percent or more in a single day is useless as a means of payment.
Most restaurants, petrol filling stations, supermarkets and grocery stores accept debit cards as means of payment.
However, if you don't have a credit card, you can use your check as a means of payment.
Also, its increased adoption as a means of payment both on online and offline platforms has boosted its rise in price.
Both exchanges support debit cards and wire transfers as a means of payment and have very high trade volumes.
Does its lack of volatility make it attractive as a means of payment?
This famous cryptocurrency could be used not only as a means of payment, but also as a storage of value.
The population would have few alternatives to continue using the euro as a means of payment.
While in some countries they are legal as a means of payment, in others they have no legal status yet or even got banned.
Now, the merchants will also accept ADA as a means of payment.
The news is a welcome development in the growth of cryptocurrencies as means of payment rather than speculative assets.
The 2015 letter asked if in the exercise of its activity it would accept bitcoin as a means of payment.
Not accepting these currencies as a means of payment is limiting your business to the few buyers who refuse to accept change.
Some organisations such as hotels and rental companies may prefer that you use credit card as means of payment.
However, if you don't have a credit card, you can use your check as a means of payment.
The internal currency of the ecosystem is an ERC - 20 compliant Streamity token (STM), which will be used as a means of payment for all the services offered by the project.
In Choi's words cryptocurrencies are unable to play a role as a means of payment.
The Indonesian and Ukrainian central banks have clarified that bitcoin will not be recognized as a means of payment, whilst Thailand's Securities and Exchange
Bitcoin was adopted as a means of payment via bitcoin payment processor, BitPay, for games on Steam on April 27, 2016.
Some companies have been dropping Bitcoin as a means of payment due to the high fees associated with it.
The system will have ERC20 compatible tokens created over the Ethereum protocol, and these can be used as a means of payment on UTRUST's payment gateway along with other cryptocurrencies.
Token holders will be able to use INV within the Investa platform as a means of payment for all of the services on Investa apps and subscribe to Investa's crypto basket, which will take allocations of tokens from other ICO pre-sales, under supervision of verified INV managers.
Digital currencies are defined in the document as «convertible virtual currencies, including crypto - currencies or similar concepts where the concept is accepted by persons as a means of payment for goods or services, a unit of account, a store of value or a commodity.»
It is also very convenient for partners to use altcoin as means of payment for traffic, as means of exchanging for other cryptocurrencies and also as perfect store value instrument.
Bitcoin has since been adopted by several merchants as their means of payment.
He penned down in his report that, «For bitcoin to function as a means of payment, it needs to be stable.
Cryptos will however not serve as means of payment as the only legal tender allowed in the Ruble.
The cryptocurrency is not recognised as a means of payment by the official structures: banks do not accept it and Chinese financial system does not protect bitcoin owners in the case of stock exchange crisis.
Other executives, including International Monetary Fund chief Christine Lagarde, say virtual currencies should not be dismissed and could have useful applications, such as a means of payment in countries with unstable currencies.
At the time Johnson also revealed that Fidelity had been accepting bitcoin payments in its cafeteria, but said the experiment had highlighted the technology's flaws as a means of payments.
For the intrepid traveler, using bitcoin as a means of payment while traveling abroad is a great way to connect with local bitcoin communities and also potentially save on transaction fees.
In November 2019, the company will begin accepting LHCoin as a means of payment and activate LH Token Rate Investment System.
If a customer deposits 10 ounces of gold and then uses his warehouse receipt for ten ounces as a means of payment, nothing untoward has happened of course.
Thus, the creator declares and promises their backers that their product will (or already does) accept KickCoins as a means of payment, at a rate of conversion listed on cryptocurrency exchanges.
The amount of schools ditching cash as a means of payment for school items has grown in a bid to cut down on administration time and costs.
The FCA states that it does not currently regulate cryptocurrencies themselves (i.e. those designed primarily as a means of payment / exchange).
ARK is a Lisk - forked cryptocurrency intended for broad consumer adoption, offering features like a smartcard as a means of payment, InterPlanetary File System (IPFS) integration, and cross blockchain transactional capacities.
The government uses its authority to force people to accept fiat money as a means of payment, and the government itself accepts it as a form of tax remittance.
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