Grayscale Investments, the investment management subsidiary of the Barry Silbert - led Digital Currency Group, established the Bitcoin Investment Trust (BIT) in 2013, hoping to provide investors with the opportunity to invest in the digital
currency bitcoin without having to purchase and securely store the digital currency themselves.
Not exact matches
But the idea that
bitcoin could ascend to the status of a leading global
currency without government regulators is naive.
Derivatives trading is the culmination of a wild year for
bitcoin, which captured imaginations and investment around the world, propelled by its stratospheric gains, and its anti-establishment mission as a
currency without the backing of a government or a central bank, and a payment system
without a reliance on banks.
Eobot is a cloud mining solution that lets users mine
bitcoin — and other digital
currencies including Ethereum, Litecoin, Dogecoin, Ripple, and more —
without owning any of their own hardware.
«In uses that involve a financial transaction, it makes sense to use
bitcoin or some other digital
currency for the same reason — by doing so, transactions can be automated and guaranteed
without recourse to third parties, such as a bank.»
Although the lack of jurisdiction over
Bitcoin and its links to money laundering and illicit marketplaces have raised more than a few eyebrows, the
currency offers a simple way for legitimate businesses such as small retailers and professional service providers to accept payments for international sales
without facing onerous credit card fees or exchange - rate surcharges.
For context: Cryptocurrencies — the most famous of which is
bitcoin — are decentralised digital
currencies that operate
without any central bank.
He says
Bitcoin is the ultimate global
currency, one that you can bring to any country
without paying fees.
The person or people who created the
Bitcoin system under the pseudonym Satoshi Nakamoto solved a problem central to any
currency — preventing counterfeiting — and did it
without relying on a government's authority.
Unlike traditional
currencies such as dollars,
bitcoins are issued and managed
without any central authority whatsoever: there is no government, company, or bank in charge of
Bitcoin.
None of this is to say that
Bitcoin will,
without a doubt, become the de facto
currency of the internet.
Specifically she recommended removing the anonymity of
Bitcoin and seemed to suggest that other virtual
currencies could be designed
without anonymity.
Bitcoin is a programmable kind of currency; the bitcoin technology allows for the use of a medium of exchange that can be stored and transferred digitally without the need for an intermediary or third -
Bitcoin is a programmable kind of
currency; the
bitcoin technology allows for the use of a medium of exchange that can be stored and transferred digitally without the need for an intermediary or third -
bitcoin technology allows for the use of a medium of exchange that can be stored and transferred digitally
without the need for an intermediary or third - party.
Canadian clients can now gain direct access to the
bitcoin market,
without being hit by conversion fees to other
currencies along the way.
Blockchains can exist
without Bitcoin, Ethereum, or any other type of
currency.
For the equity market, First Global Credit launched a new derivatives product for
bitcoin holders to participate in global equities platforms
without cashing their
bitcoin in for national
currencies.
The futures are designed to reflect the price of
bitcoin without an investor having to physically hold the virtual
currency, not unlike how oil, gold, copper or cocoa prices are determined by futures contracts.
Unlike traditional
currencies,
Bitcoin operates
without central authority or banks and is not backed by any government.
Can someone in the PH with
bitcoin in a standard wallet app use your app to convert it to local
currency without being sent from another Abra user?
Vaultoro is a company that facilitates the purchase, sale, and storage of gold; even
without fiat
currency (they currently accept
bitcoin).
The conversion service available on tgtcoins.com to convert to or from
Bitcoin and / or alternative digital
currencies attempts to provide accurate price and exchange rate information, but this information is highly volatile and can change quickly
without users necessarily being aware of these changes.
BitPay is allowing forex platforms to accept
bitcoin payments and receive EUR, USD, or other local
currency settlement to their bank accounts,
without any risk of
bitcoin price volatility.
If everyone is using
Bitcoin, however, you're all dealing in the same
currency with the same value,
without the constant hassle of monetary exchange.
Without bogging you down with all the technical aspects of
Bitcoin — why is this digital
currency and its technology revolutionary?
Investing in
Bitcoin or any other
currency is not
without risk.
This was not an issue at the time of its creation, but since
Bitcoin has surged in popularity, its block size now prohibits the
currency from carrying out transactions in a quick time frame
without high transaction fees.
It offers an easy way for users to buy or sell
currencies without meeting with another person that wants to trade the exact amount of
bitcoin.
In simple words,
Bitcoin is a fully decentralized digital
currency that allows parties to transact
without necessarily involving a third party.
Bitcoin is a digital
currency used for fast, secure and low cost payments
without the need for a central issuer or processor.
Best known for enabling a Web - based
currency known as
bitcoin, blockchain technology in a more generalized sense offers the ability to track transactions
without the need for a centralized record keeper.
Is there a way to buy Ripple directly
without having to buy
bitcoin or another crypto
currency first?
Brad Edwards, Jason's business partner, said he uses
Bitcoin for
currency trading — and,
without providing details, claimed it's been a profitable venture.
Still, for investors who don't mind taking on added risk in exchange for improved returns, there are ways to play
Bitcoin without actually buying the digital
currency.
Bitcoin is a peer - to - peer digital
currency that can be used to buy and sell goods online
without a credit card.
The significance of
Bitcoin is that its software design solved what is known as the «double spend problem» of digital
currency,
without involving intermediaries such as banks.
A Digital Asset Research report in 2017 went so far as to estimate current
bitcoin use cases would make the
currency worth around $ 2,074
without speculation.
GBTC offers the chance for investors to invest in
bitcoin without even having to deal with the
currency and all the issues associated with owning it.
That's not entirely
without merit: people were buying up
bitcoin and selling the yuan in 2016 on the belief that the conventional
currency's value was going to tumble.
Bitcoin, an alternative to paper money in which trades match up over computers
without the involvement of banks or governments, is a natural fit for the Japanese, said Mike Kayamori, the CEO of digital -
currency exchange Quoine, the nation's third largest by volume.
Additionally, though not yet approved, the idea of investment trusts specifically designed to allow people to purchase shares in the digital
currency without having to buy or store
bitcoins themselves is emerging.
The conversion service available on https://mydfs.net to convert to or from
Bitcoin and alternative digital
currencies attempts to provide accurate price and exchange rate information, but this information is highly volatile and can change quickly
without users necessarily being aware of these changes.
According to experts, however, Indonesia can use
bitcoins safely,
without any risk of loosing money, if they make transactions on reliable and trustworthy exchanges, as this
currency is the least prone to inflation.
This means that Europeans can lightly continue to trade
bitcoin for fiat
currency without having
without having to worry about taxes.
The RBI also pointed out that Indian
bitcoin exchanges are operating
without regulatory approval, which is hardly surprising given the fact that India does not have a regulatory framework that would encompass digital
currencies.
They are working with banking institutions to blend traditional fiat
currencies with the emerging crypto world to benefit both businesses and customers by offering smart contracts and blockchain transparency,
without having to worry about the volatility of traditional cryptocurrencies like
Bitcoin and Ethereum.
If you're unfamiliar with Coinbase, the company offers a consumer - friendly way to hold and spend the
currency using an email addresses, while also giving people a way to trade dollars for small amounts of
bitcoins (current price: $ 855)
without using an overseas exchange.
The concept behind the Winklevoss ETF and others like it is to create a stock fund tied to the price of
Bitcoin (or another cryptocurrency), which would allow investors to purchase the
currency without holding it directly.
Vontobel for instance created the first structured
bitcoin product, a tracker which allows for investment in shifting values of the virtual
currency without purchasing the coins directly.
According to Blockstream, sidechains enable innovators to safely develop new applications
without jeopardizing
Bitcoin's core code and putting billions of dollars worth of digital
currency at risk.
And the reason I mention this is not because I'm talking about
Bitcoin, because I don't believe that
Bitcoin is going to be a
currency today or in the future,» said Schultz,
without explaining his pessimism.