Sentences with phrase «exist as a means of exchanging»

Some, such as the original cryptocurrency Bitcoin, are created simply to exist as a means of exchanging value - similar to a fiat currency such as dollars or yen - but to be outside the control of a central bank.

Not exact matches

Whether there existed something acceptable which Labour could offer in exchange would of course depend on negotiations, However, this sort of agreement has significant advantages over post-election deals about coalitions or lesser forms of cooperation — they require neither agreement of a programme (which inevitably means political compromise) nor standing down in areas (which can have detrimental effects in the longer term or on other elections such as Euro elections fought over larger geographical units).

Transformazium aims to use the tools of the artist to call attention to existing wealth and strength in a place that is often considered under - resourced; to meet practical needs for information, communication and resource exchange among residents of a neighborhood and between neighborhoods; offer art and design consultation as a means for residents of a neighborhood to exercise critical aesthetic agency; exchange models of action and facilitate communication between neighborhoods and communities facing similar challenges.