Sentences with phrase «aspects of fiat currencies»
As well as exhibiting some aspects of fiat currencies, they retain some of the elements of commodity currencies and representative money.
http://www.newsweek.com/
On the other hand, Stellar allows individuals to trade money directly with one another using XLM as the medium of exchange, and «anchors» to handle the aspects of fiat currency.
Not exact matches
Be it security, convenience, or privacy, cryptos score good marks in every aspect — that is what places them streets ahead of the fiat currencies.
Some critics argue that Ripple only copies those aspects of the current fiat currency and fractional reserve - based financial system that cryptocurrency is meant to solve.
Their business model is aimed at facilitating every aspect of the digital currency world: exchange that operates with fiat currencies, green mining, and ATMs.
In his paper, Reid essentially criticized the centralized nature of fiat currencies and the ability of governments, authorities, and central banks to manipulate virtually aspect of paper money, including inflation rates.
The jump from fiat currency to cryptocurrency can be considered as an actual aspect and it could completely redefine the traditional financial base of the world.