Sentences with phrase «by a central authority such»

For starters, here's an overly simplified explanation of Bitcoin: It's a digital currency (there are more than 800 now) that isn't controlled by a central authority such as a government or bank.

Not exact matches

This differs from permissionless systems, like those used by blockchain pioneers such as Bitcoin, which have no central authority.

We could talk about the traditional money's traditional pitfalls and legacy weaknesses — geography bound, proportional to the strength of the government's ability to run the nation, the value being fixed by a central authority and such.

In Japan during this time such a more painful, if shorter, period of distress was deemed «unacceptable» by Japan's central planning authorities.

To be able to buy and sell a cryptocurrency, you need to purchase it with another form of currency such as digital currency (Skrill, Neteller, etc) or fiat currency (US Dollars, Euros or other currencies issued by central monetary authorities).

Anyone who takes the time to properly research the origins of the «population control» movement will come to understand that the Rockefeller - Turner-Gates agenda for drastic population reduction, which is now clearly manifesting itself through real environmental crises like chemtrails, genetically modified food, tainted vaccines and other skyrocketing diseases such as cancer, has its origins in the age - old malevolent elitist agenda to cull the human «chattel» as one would do to rodents or any other species deemed a nuisance by the central planning authorities.

It does not have any central authority, such as a central reserve, and Bitcoins are not backed by anything.

The following provisions shall apply to States Parties which have a federal or non-unitary constitutional system: (a) with regard to the provisions of this Convention, the implementation of which comes under the legal jurisdiction of the federal or central legislative power, the obligations of the federal or central government shall be the same as for those States Parties which are not federal States; (b) with regard to the provisions of this Convention, the implementation of which comes under the jurisdiction of individual constituent States, countries, provinces or cantons which are not obliged by the constitutional system of the federation to take legislative measures, the federal government shall inform the competent authorities of such States, countries, provinces or cantons of the said provisions, with its recommendation for their adoption.

Motor third - party pricing is not de-tariffed by Irda; while deciding on the premia, the authority considers factors such as the cost inflation index notified by the Central Board of Direct Taxes, as well as the claims of companies.

The authority considers factors such as cost inflation index notified by the Central Board of Direct Taxes and claims experience of companies while deciding on the premiums.

The authority takes into account factors such as cost inflation index notified by the Central Board of Direct Taxes and the claims experience of companies while calculating the premiums.

He said there should be a distinction between digital currencies, which were being studied and developed by authorities such as the Chinese central bank, and digital tokens such as bitcoin.

The document also recognises that cryptocurrencies such as bitcoin have no central authority, and presently escape any regulations or control by the state.

Since Bitcoin is a decentralized system that is not controlled by any central authority, whether or not such an upgrade is deployed and adopted by the network is determined by several key decision - makers that must agree to the change: Bitcoin developers, economic Bitcoin nodes, bitcoin - holding users, and bitcoin miners.

Even fiat currencies such as the US dollar and Indian rupee do not have intrinsic value, given that their valuations are decided by two major factors: the market's demand and the manipulation of supply by central authorities.

A further dimension of authorities that has some appeal is their capacity to provide a vehicle for Indigenous aspirations such as those expressed by the Aboriginal Nations of Central Australia in the Kalkaringi Statement, that is, «the rights of self - determination and self - government, including recognition of the role of Indigenous governance structures and the direct Commonwealth funding of Indigenous communities and organisations, and recognition of customary law».

Central government also needs to demonstrate its commitment to these families, and relieve the burden on local authorities, by instituting a national financial allowance to such carers.