Sentences with phrase «as actual currency»

The extreme volatility of the biggest cryptocurrency alone undermines its use as an actual currency, and it is also not broadly accepted, Dutch man said.

The government had warned several times that virtual coins can not play a role as actual currency and could result in high losses due to excessive volatility.

Since the tokens can be used as an actual currency, or traded for one, they can be built to offer other digital services such as cloud storage space.

Cryptocurrencies are a bubble and can not function as actual currencies because of their volatility, legendary macro trader George Soros said from Davos, Switzerland.

Cryptocurrencies are not classified as an actual currency, and therefore certain regulations do not apply in most circumstances.

While he said it's «hard to quibble with the decisions that have been made» given the growth and success of Bitcoin, it still has lost some of its appeal as an actual currency.

On February 24, 2017, a bill defining cryptocurrencies as actual currency was approved by Japan's Cabinet Council.

Also, unlike the Bitcoin division into 1000 million coins, the Electroneum can be divided into 100 divisions only which makes suitable to be used as actual currency claims Richard Ells, experienced tech entrepreneur and founder of Electroneum.

Israel's central bank said on Monday it would not recognise virtual currencies such as bitcoin as actual currency and that it was difficult to devise regulations to monitor the risks of such activity to the country's banks and their clients.

If Bitcoin is going to be useful in the future as an actual currency and not just a store of value, something has to change.

«The government had warned several times that virtual coins can not play a role as actual currency and could result in high losses due to excessive volatility,» the government said in a statement.

To start off with, they mentioned that, for the first time in a mainline Mario game, coins will function as actual currency.

There is an argument for speculation in this new asset class, but at the end of the day, I think use as an actual currency is what will take cryptos from «nerds and libertarians» to everyone.

Bitcoin (BTC) will be a place to store wealth for the long - term while Bitcoin Cash (BCH) will be updated with the latest code and constantly trying to keep up with technology in order to be used as an actual currency.

«Dogecoin has some features that make it more suitable for use as an actual currency, like fast block times and low fees.

«The government had warned several times that virtual coins can not play a role as actual currency and could result in high...

«The government had warned several times that virtual coins can not play a role as actual currency and could result in high losses due to excessive volatility,» the government said in a statement.

«UBIQUICOIN as the first digital currency to be widely used as an actual currency, not just a speculative investment.»