To initiate Hague proceedings, the left behind parent contacts their own government who will have
some form of central authority for dealing with Hague applications.
Not exact matches
Preston: [00:17:56] So what's so interesting here is that on one side we have Silicon Valley working at a rapid pace to create this new digital cryptocurrency and we also have governments and global
authorities looking into the implications
of using the similar technology whether it's the IMF or other
central banks around the world that are that are talking about using some
form of crypto to back their monetary baseline.
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).
For instance, decentralization (in its various
forms of political, administrative, or fiscal) can be one response, where powers or function are redistributed or dispersed away from a
central government or
authority.
Sub-national government in the
form of combined urban
authorities and county regions headed by DEEMs will be more easily manipulated by
central government than would be a system
of local government.
Andre and Bernier are also concerned about the future
central taxi licensing
authority in Rockland County, namely how will it be
formed, who will be charge
of it, and what powers it will have.
However, bitcoin does not have a
central authority and new bitcoins are
formed when miners solve complex algorithms making it a revolutionary way
of issuing currency and incentivising people to help maintain the network.
Essentially, Bitcoin and other
forms of blockchain currencies cut out a
central authority, using varying individuals to authorize the payment in order to ensure an impartial and secure transaction.