Sentences with phrase «as a store of wealth»

In all 20 % of the tokens will be made available to be used as utility tokens, but 80 % will be used as a store of wealth.

It is used by millions of individuals daily as a store of wealth, medium of exchange, and unit of measurement.

As long as they remain negative, gold will continue to be viewed as a store of wealth.

This is because traditionally silver was used for small daily transactions while gold was used as a store of wealth and was not used in everyday life.

In this analogy the age of Bitcoin's blockchain is similar to the thousands of years of recorded history where gold functioned not only as a store of wealth but also a real medium of exchange.

Goldman Sachs looked at four key properties of a long - term store of value — durability, portability, intrinsic value and unit of account — concluding that the reasons why gold was originally adopted as a store of wealth remain relevant today.

Nations have embraced gold as a store of wealth and a medium of international exchange; individuals have sought to possess gold as insurance against the day - to - day uncertainties of paper money.

Assets are investments — things that have economic value and can act as a store of wealth.

The value of this new asset class is a function of the breadth of its acceptance as a store of wealth and as a means of payment and simply judging by other stores of wealth such as gold, cryptocurrencies have the potential to grow further from here,»

Bitcoin's investment appeal stems from its function as a store of wealth and utility as a censorship - resistant global transfer system.

Somewhat unsurprisingly, therefore, bitcoin has become a welcome currency alternative as well as a store of wealth in the Southern African nation.

«Bitcoin had four main value propositions - anonymous electronic cash; cheap and scalable transfer of wealth; programmable money; [and] absolute scarcity as a store of wealth,» he explained.

Rate hikes are notoriously known to affect assets used as stores of wealth, such as gold and now, Bitcoin.

You will still be able to use it as a store of wealth, sell it for local currency — or other digital currencies — based on the relevant exchange rate (s), send it to other Bitcoin wallets, and use it as a means of payment all around the world.