Sentences with phrase «controlled by central authorities»

Most online exchanges are controlled by central authorities (businesses) which control your cryptocurrency wallets, because you do not have access to your wallet's keys.

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.

It is not contractually backed by assets or legal currency laws, it is not controlled by a central authority and it is not a tangible good.

not controlled by any central authority like it's the case with fiat currency.

Mecca remained a city - state because Arabia had never been effectively controlled by a central authority.

Secondly, they are global instruments, not national ones and they are funded using Bitcoin, Ethereum and other cryptocurrencies which are not controlled by any central authority or bank.

In fact, the Bitcoin blockchain represents the first solid, working implementation of distributed consensus — for the first time, everyone can agree on what transactions took place, and who owns what, because everything is recorded on a tamper - proof public ledger that doesn't need a central server and can't be controlled by any central authority.

It underlined the value of a currency that isn't controlled by a central authority — the principal that defined the creation of Bitcoin over 10 years ago.

In this way, more people will be able to be involved in the cryptocurrency sphere, even when these last currencies will be centralized and controlled by a central authority.

Like most other cryptocurrencies, Litecoin is not controlled by any central authority or regulatory body.

As Bitcoin is entirely digital and not controlled by any central authority, one of the biggest concerns for many people is how vulnerable it is to hackers....

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.

But the Cryptoruble will be controlled by a central authority that will decide how many Cryptorubles will be issued and at which price.

Not exact matches

Unlike modern fiat money, Bitcoin, which has often been called «cash for the Internet,» is not controlled or backed by any bank or central government authority, like the Federal Reserve, for example.

The grand mufti elaborated on his position by stating many of the typical concerns surrounding cryptocurrencies including their cryptographically controlled issuance, lack of central authority and regulation by financial institutions, and their ability to mask users» identities.

Some would argue that by acting cautiously on balance sheet normalization (without actively countering impacts of ECB policy measures), Fed policymakers have partially ceded control of financial conditions to foreign monetary authorities, but the same can be said about other central banks as well, for long - term rates are correlated among advanced economies:

Cryptocurrencies are decentralized — free of government control or commercial banks, but the «J Coin» would be issued by a central authority.

Commenting on the Conservative Party's proposals to force local authorities to hold a referendum each time they increase council tax by more than a central government controlled level, Director of Unlock Democracy, Peter Facey said:

More important than anything, though, is the need for the central conflict, represented by the battle between freedom and control, between justice and authority, between Captain America and Iron Man, to feel genuine and earned.

Free schools do not have to follow the national curriculum and are directly funded by central government, outside of local authority control.

This could include taking schools away from local authority control, converting them into academies - directly funded by central government - and putting them under the leadership of high - achieving head teachers.

They operate as academies, and like them, do not have to follow the national curriculum, can vary the pay and conditions of teachers, are directly funded by central government and are outside of local authority control.

Free schools are very similar to academies in that they do not have to follow the national curriculum, can vary the pay and conditions of teachers, are directly funded by central government and are outside of local authority control.

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.

Since Bitcoin isn't controlled by a central bank or regulatory authority, your funds can't be frozen and future withdrawals can't be prevented.

Government opinion on Bitcoin plays a vital role in the crypto community as Bitcoin and cryptocurrencies claim to be the first decentralized peer - to - peer payment network powered by its users with no central authority or middlemen, this lack of central authority or control makes governments very scared of Bitcoin.

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

As reported by CCN, Portugal's central bank, Bank of Portugal, has in the past stated that bitcoin has no legal tender in the country, nor a central authority controlling it.

Without a central authority that can monitor, control, some would say spy, on the transactions and the parties involved, it was (and still is) hailed or feared by many as a powerful privacy preserving tool to conduct transactions.

Responsible for implementation of National, DoD, Director of Central Intelligence Directive (DCID), Joint Air Force Army Navy (JFAN, USAF and MAJCOM policies classifying and protecting special access program systems, national defense and other sensitive information originated or controlled by higher - level authorities and associated personnel.