Sentences with phrase «as currency for»

Dogecoin is prolific enough to have attracted multiple parties interested in using it as a currency for real - world purchases.
The agency explains that cryptocurrencies are not regarded by SARS as a currency for income tax purposes or Capital Gains Tax, rather they are regarded as «assets of an intangible nature.»
This trend is likely being fueled less by investors, and more by regular folks looking to acquire Bitcoins for use as a currency for purchases.
Q - 2: Is virtual currency treated as currency for purposes of determining whether a transaction results in foreign currency gain or loss under U.S. federal tax laws?
Each company can choose a name and various uses for their tokens — these may include accepting payment; giving customers loyalty incentives or contributors incentives for contributing content, data or computing power; and / or as the currency for a marketplace wherein customers trade with each other.
As a result, Bitcoin had higher average transaction fees and longer confirmation times than your typical bank wire transfer, essentially rendering it useless as a currency for most users and merchants.
The BOT has never legalised bitcoin as a currency for financial transactions,» she clarified.
Bitcoin Surge «Might Not Mean What You Think» — CNBC The segment from the network's Trading Nation, which aired Thursday, also included commentators describing Bitcoin as a currency for «buying kidneys.»
This means that SARS does not consider cryptocurrencies as a currency for income tax purposes or Capital Gains Tax rather, they are regarded as assets of an intangible nature.
Gold advocates will point out that Bitcoin has been around less than a decade and people have been using gold as currency for at least three millennia.
And the TV production company Endemol is now also using Facebook Credits as a currency for public voting on the German series of Big Brother.
Eager to wring every last bit of versatility out of Strafe's systems, Pixel Titans is also including the aforementioned Murder Zone, a ten - room Horde - style challenge arena with a persistent progression system, which uses spilt blood as currency for unlocks and upgrades.
Part of the enjoyment of slowly searching through each environment is the allure of finding green gel, which functions as currency for the game's extensive upgrade system.
Banana Coins are a common new item, and are used as currency for the Kong characters who appear on the world map: Cranky Kong gives tips on the levels» secrets, while his wife Wrinkly Kong saves your progress and gives advice on the game's basics.
The name selection is a notable one, given that Atari had previously created an Atari Token to serve as a currency for making in - game purchases.
Finally, blue souls serve as the currency for the game, which War can trade for upgrades, consumables, and new combo moves.
Players can also explore the levels, looking for hidden and hard to reach areas, to find other collectibles such as smaller berries, which act as currency for three unlockable mini-games, as well as Mui Muis and other residents of the planet, which reward the player with items for their Loco House.
Humans have been using clout and power as currency for millennia, and even today, the person whose influence can open the most doors is typically the most popular.
You will learn how to get assignments and use them as your currency for landing luxury travel trips.
They are treated as currency for startups and established businesses.
How do I balance my opposition to grades as empty signifiers that promote ethically dubious conceptions of merit, with my ethical commitments to my students, who need and use grades as currency for access to future opportunities?
Maca was used by the ancient Peruvians as currency for trade and played an important role in their cooking and medicinal uses for over 3,000 years.
Peppercorns were the first Oriental spice to reach Europe and were in so much demand that they were used as currency for about 2,000 years.
It was revered by the Mayans to such an extent that the cacao beans served as a currency for centuries, and the drink was used in religious rituals, and marriage ceremonies.
Bill Frist, MD, is a former US Senate Majority Leader, surgeon, and chairman of Hope Through Healing Hands, a global health organization committed to improving the quality of life for communities around the world using health as a currency for peace.
It's unclear whether someone buying a petro would have the right to a barrel of oil, what would happen to that petro once the barrel of oil backing it is presumably sold to a refiner, whether the value of the petro will fluctuate with the oil price, or who might even accept the petro as a currency for payment.
You can consider the coins as the currency for using the apps built on top of them.
However, strictly from a payments perspective, certain issues have cropped up since the original Bitcoin vision was outlined, and they've ultimately prevented crypto from receiving mainstream adoption as a currency for day - to - day transactions.
Instead, it is used by application developers as a currency for transactions on the Ethereum network, which includes a range of applications like ride - sharing, betting and investment.

Not exact matches

«The coins will change over time as the demand for whatever currency changes,» Hoffner said.
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
She said investors looking for smaller ups and downs should consider ETFs denominated in U.S. dollars or other so - called «hard currencies» that are seen as better stores of value.
That abrupt reversal was magnified many times over in a bitcoin market that doesn't have anything like the same liquidity or transparency as the market for official currencies.
The U.S. dollar surged into positive territory for 2018 and broke past key levels against several currencies as a divergence between growth and the interest rate outlook versus other countries spurred investors to chase the currency higher.
Higher U.S. yields can put pressure on the currencies of emerging market countries that run current account deficits such as Indonesia and India, said Satoshi Okagawa, senior global markets analyst for Sumitomo Mitsui Banking Corporation in Singapore.
NEW YORK, May 1 - The U.S. dollar surged into positive territory for 2018 on Tuesday and broke past key levels against several currencies as a divergence between growth and the interest rate outlook versus other countries spurred investors to chase the currency higher.
Fabricated metals is another of the industries that the Bank of Canada thought would lead the export recovery as shipments traditionally got a boost for a weak currency.
Back in 2014, he wrote a Financial Times op - ed in which he criticized the virtual currency for being «unsuitable as a means of exchange» and said it was only attractive for two reasons: anonymity — as desired by money launderers and tax evaders — and speculation.
This is probably the most common use of digital currency for individuals and non-professionals: as an alternative, risky, potentially very rewarding sort of asset class.
Tosi was apparently a financial wiz internally, creating a hedge - fund style investment fund for Airbnb with stocks, currencies, and other investments that contributed as much as 30 % of the company's cash flow, Bloomberg reports.
As Camilla Sutton, currency strategist with Scotiabank, has pointed out though, it's still important for Canada to keep a watchful eye on the Fed's next steps due to our reliance on both the American economy, and global growth in general.
The market for Ether cratered on news of the theft, with the price of the digital currency dropping from a peak of over $ 21 yesterday to around $ 12.93 as of this writing, as tracked by CryptoCompare, on surging volume.
The volatility of bitcoin has made it more useful as a vehicle for speculation than as a currency, say critics — when the value can change drastically from hour to hour, it introduces undesirable risk for sellers and buyers alike.
The crackdown on Seoul - based operators of some of the world's busiest virtual currency exchanges comes as the government attempts to calm frenzied demand for cryptocurrency trading in Asia's fourth largest economy.
Bitcoin slumped as South Korea's justice minister reiterated his proposal to ban local cryptocurrency exchanges, fueling concern that a government crackdown will erode one of the world's biggest sources of demand for digital currencies.
As for why Pornhub is only accepting Verge cryptocurrency payments, a relatively obscure digital currency, a spokesman for the adult entertainment website said that its users specifically asked for it.
The Chinese economy had been slowing for months, but the country's currency continued to appreciate as the PBoC sold billions of dollars to buoy the yuan's value — a gesture few seemed to appreciate.
Grams, which have a finite supply, will theoretically rise in value as more people use them on the network and as demand for the currency increases.
Abe's push for more aggressive action has weighed on the yen and bolstered the stock market as investors anticipate a weaker currency will bolster earnings of the country's exporters.
STOCKHOLM / LONDON, March 26 (Reuters)- Spotify, the world's top selling music streaming service, expects revenue to grow 20 - 30 percent this year as currency swings slow the pace from 2017, it said on Monday, as it gears up for a highly anticipated stock market listing next week.
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