Sentences with phrase «currency advocates as»

The IRS effort, as might be expected, has sparked a broad outcry from both digital currency advocates as well as users of the tech.

Not exact matches

Byrne is a trained economist and a longtime advocate for bitcoin, which he regards as a global currency beyond the control of central banks and governments.

Some have advocated using Bitcoin as an alternative to inflationary fiat currency.

While Monero shares similarities with bitcoin, like mining and a blockchain as core mechanics, it has some big differences that help its users maintain their anonymity online, at least according to the currency's advocates.

For advocates of bitcoin and the other cryptocurrencies surging in value, the gold may be in the shares of the companies that produce the computer processors and chips used to create the digital currencies in the process that's become known as mining.

In a highly unusual intervention for a civil servant, Treasury permanent secretary Nicholas MacPherson signed and released a public letter to Osborne saying he would «advise strongly against a currency union as currently advocated».

I have not advocated that the Chinese currency could replace the Dollar (as some have), because their economy would have to become far more open.

The advocates of Cardano see it as one of the best potential currencies to gain mainstream adoption due to it's regulator friendly 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.

Bitcoin's advocates have always emphasised that Bitcoin is a decentralised payments system as well as a currency, and have gone to great lengths to build on top of it a richer set of financial exchange so that assets other than bitcoin can be traded on the blockchain.

Matonis has been a long - time advocate of Bitcoin and how adopting the currency can serve as a «competitive wedge» for online gambling operators across the globe.

Much before the ruling party panel, Law professor Jung Sun - seop had advocated the necessity of legal revisions for giving due recognition to virtual currency as a mode of payment.

Still, it seems most virtual currency advocates have something to celebrate since, aside from his more lenient stance on coins themselves, Carney feels that the technology behind cryptocurrency has the potential to enhance and assist the economy as needed.

Many in the digital currency industry are advocating Bitcoin's use as digital gold, rather than as a payment method, per se.

However, Tom Robinson, founder of virtual currency exchange BitPrice, told the Guardian that at Wednesday's meeting he and others were advocating regulation as a way to legitimise the currency and promote new business and economic growth.

So much so that the currency has been glorified by the masterminds behind the doomed Silk Road, and advocated by recognized influencers such as German politician Franz Schäffler, celebrity Ashton Kutcher, famed author & economist David Friedman, and finance guru Kevin O'Leary to name a few.