Sentences with phrase «as real currency»

In the long run, Electroneum's vision is to have the coin accepted in stores around the world as a real currency.

It's because more and more places are accepting bitcoins as real currency.

It will be a disaster to recoganize it as a real currency.

It will be a disaster to recognize it as a real currency.

It will be a disaster if countries recognize Bitcoin as a real currency.

Over wine, we recounted our parallel experiences: opportunities brokered by powerful and predatory men; negligent and rudderless institutions; and sexual harassment and violence as the real currency of completing scientific work.

This is a virtual one, and the government doesn't recognize it as a real currency, where they do, is often associated with illegal activity, such as purchasing items on the Dark Web.

Not exact matches

Although it's often cast as a means of spurring domestic consumption, some economists argue the real objective is currency devaluation.

But as I live in the real world, I buy gold, even though I am optimistic we'll get through this rough patch; because I simply don't trust the bas * % * ds who are driving this ship with 100 % of my money in dollars, or any fiat currency, for that matter.»

Brazil's currency, the real (pronounced «Hey - I»), fell as much as 30 % against the U.S. dollar in 2015, trading at around four reals to one U.S. dollar for most of the year.

As long as the world operates on fiat currencies, there will likely be inflation in houses and real assetAs long as the world operates on fiat currencies, there will likely be inflation in houses and real assetas the world operates on fiat currencies, there will likely be inflation in houses and real assets.

In order for bitcoin to be a real currency, Adeney claims, it must be three things: easy and frictionless for trading between people, widely accepted as a legal tender for all debts (both public and private) and stable in terms of value.

A carry trade is typically based on borrowing in a low - interest rate currency and converting the borrowed amount into another currency, with proceeds placed on deposit in the second currency if it offers a higher rate of interest or deploying proceeds into assets — such as stocks, commodities, bonds, or real estate — that are denominated in the second currency.

This discussion also does not consider any specific facts or circumstances that may be relevant to holders subject to special rules under the U.S. federal income tax laws, including, without limitation, certain former citizens or long - term residents of the United States, partnerships or other pass - through entities, real estate investment trusts, regulated investment companies, «controlled foreign corporations,» «passive foreign investment companies,» corporations that accumulate earnings to avoid U.S. federal income tax, banks, financial institutions, investment funds, insurance companies, brokers, dealers or traders in securities, commodities or currencies, tax - exempt organizations, tax - qualified retirement plans, persons subject to the alternative minimum tax, persons that own, or have owned, actually or constructively, more than 5 % of our common stock and persons holding our common stock as part of a hedging or conversion transaction or straddle, or a constructive sale, or other risk reduction strategy.

Weakening currencies in the post-Soviet states threaten to raise default rates on foreign - currency mortgages as collapse of the Baltic real estate bubble drags down Swedish banks, while the Hungarian property plunge threatens Austrian banks.

FinCEN's regulations define currency (also referred to as «real» currency) as «the coin and paper money of the United States or of any other country that [i] is designated as legal tender and that [ii] circulates and [iii] is customarily used and accepted as a medium of exchange in the country of issuance.»

According to the GAO, there are over 485,000 IRAs, worth approximately $ 49.7 billion, invested in unconventional assets, such as energy investments, equipment leasing, foreign - based assets, farming interests, precious metals, private equity, promissory notes (both secured and unsecured), real estate, and tax liens, as well as virtual currency.

For example, they may invest in real estate, managed futures, derivatives, currencies, options as well as traditional investment types such as stocks, bonds and cash.

As digital currencies continue to gain traction in the real world, seemingly everyone wants to be a part of this virtual movement.

With a nod to Ripple and the nascent partnership with MoneyGram, Holmes focused on two areas as a near - term roadmap for using alternative currencies and DLT to solve MoneyGram's real business problems.

The tendency is for banking systems — and the currency — to collapse after such bubbles, as falling prices for their real estate collateral (aggravated by an exodus of flight capital) hollow out the banking system's balance sheets.

As with any new venture there was a learning curve and after a lot of reading about the value of cryptocurrencies and whether they are in a bubble, are a currency, have any real value, etc..

Virtual currency that has an equivalent value in real currency, or that acts as a substitute for real currency, is referred to as «convertible» virtual currency.

Because crazy as it may seem, it was the real estate bubble that brought in the foreign exchange — in the form of mortgage loans denominated in foreign currencies — that financed their structural trade deficits.

At the time, the troika was credited with saving the world's financial markets from collapse and slowing the spread of the «Asian Contagion,» a wave of financial market panic that began with the rapid devaluation of Thailand's currency and spread to other parts of Asia, Russia and Latin America, soon affecting the real economy as well.

Bloomberg reports that China could boost its gold purchases from Hong Kong as much as 50 percent this year over concerns of currency devaluation, a slowing real estate market and shaky stocks.

«Private digital tokens masquerading as currencies must not subvert this trust,» the BIS chief declared, in part because they could threaten to impact the «real value» of money.

It don't matter if the Govt recognizes Bitcoin as currency or not, they have real money value and stealing them is a crime.

If they are to succeed — not only as a fringe medium of exchange or speculative investment, but as real competitors with government currencies — some new programmers are going to have to come along and make currencies whose digital coins are created in a much different manner than the current ones.

While virtual currencies do not have legal tender status in any jurisdiction, they operate like «real» currency in that they are accepted as a medium of exchange.

Ripple, the practical currency, bears the same name as the real - time remuneration system, remittance, and banking sell network.

Though the US dollar has remained the strongest fiat currency in a pool of rapidly devaluing fiat currencies over the past two years, if one calculates the declining purchasing power of the US dollar in the past couple of decades when using real rates of inflation inside the US (versus the bogus rates produced by federal entities), then one can easily reach the conclusion that the US dollar has crashed as well.

If the token is backed by a tradable good, such as gold, real estate, storage space, etc., then it is known as a Security token (these are often more heavily regulated because they are more similar to fiat currencies).

Using cryptocurrency, is also extremely safer than real currency, as cryptocurrency, is 100 percent digital, so it eliminates the risks of being stolen in robberies or other relating crime that occurs in these countries.

In examples that appear to be modelled after the ill - fated e-Gold service, FinCEN describes the typical activities of these types of entity as the electronic distribution of digital certificates of ownership of real currencies or precious metals.»

Although the statement might contain abstract elements, the interpretation is clear, and also the limits to using the crypto currency are real as well.

But does real - world evidence support your contention when applied to advanced countries with large unused productive capacities and that issue their own currencies, such as Japan or Canada?

To make digital currency useful to «cash consumers» digital currency should: be transferable to any phone number in the world, not represent exchange rate risk, be as private as real cash, have no costs for money transfer, and be fungible to real paper - cash at very low cost 24 hours a day, 7 days a week.

The risk taker, for example, tends to make risky investments such as real estate investment trusts, options, currency trading, and high yield bonds.

However, it held that American entities who generate «virtual currency» such as bitcoins are money transmitters or MSBs if they sell their generated currency for national currency:»... a person that creates units of convertible virtual currency and sells those units to another person for real currency or its equivalent is engaged in transmission to another location and is a money transmitter.»

Oversea - Chinese Banking Corp. and ABN Amro Group NV see gold sliding to $ 1,100 an ounce by the end of next year as the Federal Reserve tightens monetary policy, real Treasury yields increase and the U.S. currency rises.

Russell Lamberti: Yeah my website, ETM macro advisors website is www.etmmacro.com and I am starting a new newsletter called the macro outsider, and you can sign up for it for free on www.etmmacro.com and you'll get a free essay called «The real currency war» which is subtitled «monopoly money vs real money» and essentially there I just go into a lot of what we've spoken about today in terms of chronic malinvestment, the weakness of fiat currency reserve systems, and then ultimately where I think the real currency war is, which is in centralized vs. decentralized money, and I talk a little bit about cryptocurrencies there as well, so that's www.etmmacro.com you can sign up for that free newsletter.

And I particularly play in the currency space and one of the thing that's attractive there is the idea that in eras where you have reckless central banking there's huge distinction between reckless central bankers and those who are engaged in reckless central banking with abadon and as a result I think that there becomes some real value disparities from a currency standpoint as well.

Stellar's primary goal is to facilitate issuing and trading tokens, especially those tied to legal commitments by known organizations, such as claims on real - world assets or fiat currency.

Albeit in footnotes, but perhaps most significantly, the Coinflip case put the CFTC on record as concluding that Bitcoin, while a commodity, is not a currency.6 In summarizing the facts of the case, the CFTC explained that Bitcoin is «distinct from «real currencies»» of the United States or another country.7 In addition, the CFTC Order in the Coinflip settlement specifically noted that the Bitcoin options were not eligible for the CFTC's «trade option exemption» in CFTC Rule 32.3.8 Since the CFTC's trade option exemption can only be claimed for an option that would result in delivery of an «exempt» or agricultural commodity, this violation in effect serves as the CFTC's finding that it will not treat Bitcoin as a currency.

For example, if Bitcoin is not a currency, then Bitcoin forwards and Bitcoin swaps that involve the exchange of Bitcoin for another currency will not fall under the statutory definitions of the more lightly regulated foreign exchange forwards or foreign exchange swaps.10 Likewise, retail trading of Bitcoin derivatives will be limited to designated contract markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purposes).14

In addition, Fed commentary alone had caused real global capital to recede from QE beneficiary risk assets such as emerging market equities, bonds and currencies as well as precious metals, commodities and developed economy fixed income vehicles.

2 stating «Bitcoin and other virtual currencies are distinct from «real» currencies, which are the coin and paper money of the United States or another country that are designated as legal tender, circulate, and are customarily used and accepted as a medium of exchange in the country of issuance.»

As this is a digital currency this allows transactions to be nearly instantaneous and safer than real world currencies.

In the case of digital currencies, such as Bitcoin, there was always a set of questions, that had no real answers, that made the concept fantasy.