Sentences with phrase «as a means of payment while»

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.

Not exact matches

While this might sound somewhat similar to Bitcoin, there are major differences between the two, the main one being that Bitcoin is a decentralised currency — a store of value and a means of payment — whereas Ripple focuses on a single use case: sending money as fast as information.

While corporations can accept cryptocurrencies as a means of payment or value exchange, Hoffmeyer believes they have limited application for corporates, unlike blockchain technology.

There should also be a gradual shift towards raising the basic state pension in line with earnings, and, while he would maintain the pensioner's credit, he would freeze the maximum level of payments to limit means - testing as much as possible.

It is worth noting that while people under age 65 in the U.S. live in a heavily market - dominated economy where poor employment outcomes mean poverty and a lack of access to health care, almost everyone over age 65 has most of their healthcare paid for by Medicare, (a FICA tax financed, single payer system that pays providers more or less the same rates as private insurance companies and has few cost controls), more than half of their nursing home costs paid by Medicaid, (which is stingy in how much it pays providers and moderately means tested), and receives enough of a guaranteed income from the combination of Social Security and SSI payments to keep the poverty rate for people age 65 +, (even if they have no retirement savings of their own), above the poverty line, regardless of the state of the local economy.

The former is considered true no - interest financing — in which no interest accrues during the promotional period, so long as you make minimum monthly payments — while the latter denotes a deferred - interest deal, which means interest is retroactively applied from the date of purchase if you don't pay your entire balance by the end of the term.

While this might sound somewhat similar to Bitcoin, there are major differences between the two, the main one being that Bitcoin is a decentralised currency — a store of value and a means of payment — whereas Ripple focuses on a single use case: sending money as fast as information.

While bitcoin merchant adoption is still next to none in India, the new currency reform and the subsequent push toward digital payments will give bitcoin a boost as a means of making online payments.

While the Malaysian government has reportedly given the green light to legalize the use of Bitcoin within the country, the Ukrainian and Indonesian central banks have declared that they refuse to recognize the cryptocurrency as a means of payment.

While bitcoin itself is not banned, using it as a means of payment in the country could result in a fine between 150 million to 200 million dong (~ USD8, 800).

This statement may, of course, be easily interpreted as a means of promoting Ripple — a far - from - decentralized cryptocurrency which aims to help traditional financial institutions settle cross-border and domestic payments — while, at the same time, putting down its primary competitor.

Coingaming Group CTO Reio Piller believes that the full - scale adoption and propagation of Lightning Network could become a catalyst reinvigorating Bitcoin as the world's most recognized and most used cryptocurrency, while cementing its reputation as a means of payment.

The PEY terminal is being offered for free to local merchants to encourage the use of bitcoin as a means of payment, while bypassing the high fees imposed on German traders by credit and debit card companies.

That means you can't use Android Pay for contactless payments, while lots of alternatives such as the Fitbit Ionic, Apple Watch and most Android Wear watches will allow you make contactless payments.

While in some countries they are legal as a means of payment, in others they have no legal status yet or even got banned.