Sentences with phrase «functioning as a currency»

With bitcoin supply constrained and increasingly falling short of demand, instead of functioning as a currency, bitcoin is a speculative empty asset.

Since bitcoin is the world's largest cryptocurrency and because it employs the suffix «coin,» I will define a coin as a digital asset that functions as a currency.

They are so good that they function as currency in our house lol Love your cookbook.

Any behavior that students use to acquire the knowledge and skills needed in the classroom functions as currency.

Part of the enjoyment of slowly searching through each environment is the allure of finding green gel, which functions as currency for the game's extensive upgrade system.

However, the truth is that most of the coins do not function as a currency or medium of exchange, in fact, coins are cryptocurrencies that are treated like commodities because they are not used as currencies.

One more thing worth noting is that the Ripple Network also functions as a currency exchange between all types of fiat money, but to do this, it has to be able to guarantee liquidity.

However, it also functions as a currency.

Cointelegraph Bitcoin is a successful store of value, but it is struggling to execute its core function as a currency.

Not exact matches

Extreme volatility, transaction processing slowdowns, and other problems have largely prevented cryptocurrencies from catching on as a way to pay for things, the most basic function of a currency.

They are intended to provide many of the same functions as long - established currencies such as the U.S. dollar, euro or Japanese yen but do not have the backing of a government or other body.

The banking giant anticipates its virtual currency, which will be sent and received via a mobile app, to function as a vehicle for near - instantaneous P2P money transfers and payments at affiliated stores, according to Japanese outlet Mainichi Newspaper.

The two announcements also acknowledge that «the function of digital tokens has evolved beyond a virtual currency» and point out use cases, such as representation of ownership or a security interest over a token seller's assets or property, or a debt owed by the seller.

The bill defines virtual currency as «a digital representation of value that can be digitally traded and functions as a medium of exchange, a unit of account, or a store of value but does not have legal tender status as recognized by the United States government.»

Bitcoin functions first and foremost as a currency and could possibly even become a global reserve currency.

According to the IRS, «Virtual currency is a digital representation of value that functions as a medium of exchange, a unit of account, and / or a store of value.

When considering the cryptocurrency world, it will be vital to distinguish between digital assets that function as coins (currency), tokens (which provide utility), and securities (that enable investment opportunities).

The EVM is a key innovation separating Ethereum from its narrowly functioning big brother (Bitcoin), which was constructed with one function in mind — to act as a currency.

As long China pegs its currency, it's net capital account outflow is unlikely to change, because changes in reserves are simply a function of the net flows arising from the combination of the current account and the non-PBoC part of the capital account.

Bitcoin has gone in the other direction — it functions as the Wild West of the digital currency world.

The proposed regulations will affect businesses that function as exchanges or otherwise convert Bitcoin into currency, even if those businesses are out of state and... Read more»

This course looks at the origin and function of Bitcoin, Bitcoin as an investment or as a day - to - day consumer currency, the legal treatment of Bitcoin, and regulating Bitcoin trading.

As a function of this dynamic, we are seeing large movements in foreign exchange and global currencies, again creating tangible long - versus - short trading opportunities for relative value strategies.

Besides the traditional functions of money (store of value, medium of exchange, unit of account), international exchange rates give a new dimension to currencies with several different ways of profiting from them (with the risk of losing money as well).

In its function as a distributed exchange, the ledger stores offer that people have made to buy or sell currencies.

The Rock Token (RKT) is the currency of choice for transactions, listings and a multitude of functions, serving as the medium of exchange and the utility coin that powers the GBX - GSX ecosystem.

These reserves serve two functions, 1) as backing for the interbank settlements system and 2) to buy cash (legal tender money / currency) from the Fed.

Consequently, Yapian, which functions as a Seoul - based exchange known as Youbit, lost a hefty volume of its digital currency reserves.

These let users buy and sell currencies with each other, and will also frequently have charting software and advanced trade functions such as limit orders.

In this manner, bitcoins are functioning more like the limited quantity of shares made available in an initial public offering (IPO) than as a unit of currency like the US dollar, the total number of which varies constantly.

His 1875 work, «Money and the Mechanism of Exchange,» defines the four functions of a currency: as a medium of exchange, a measure of value (or unit of account), a standard of deferred payment, and a store of value.

I fully support ERGP's underlying principles - tackling constraints to growth identified as fuel, power, foreign currency, capricious regulation, skills and technology; leveraging the private sector; allowing markets to function; and promoting national values, cohesion and social inclusion.

Primarily, ATP functions as the energy currency of cells but, in some varieties, a tiny amount is secreted into the space between cells, where it latches onto a neighbor to induce particular responses and modulations.

Creatine Phosphate (or phosphocreatine, also known as PCr) is a molecule that exists in nearly every cell in the body - its function is simple - donation of a phosphate group to ADP to re-form ATP (the universal energy currency in the body.

Gold would be considered a currency, not a commodity, because its value comes from its currency - like functions, not its use as a raw material to produce something useful.

What this means is that Nxt — and other currencies like it — are less concerned with functioning as a standalone currency and more concerned w

Understanding the Benefits of Forex Leverage Learn about Currency trading Leverage as a powerful tool, its uses and functions, in the world of forex trading.

To start off with, they mentioned that, for the first time in a mainline Mario game, coins will function as actual currency.

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At the start of the match, your player will be shot to the battleground in small personnel rockets, giving you an opportunity to collect energy cubes called Solars that function as the in - game currency (which are also scattered throughout the arena).

This never - released peripheral added a keyboard and stand to the Game Boy experience in order to allow users to enjoy functions such as a clock, day planner, temperature converter, a calendar, and a currency converter all for a cost of about $ 80!

This functions as a token which can be traded on the Ethereum blockchain and changes the status of the artwork to a form of currency — or a representation of itself — which circles back to the initial question of embodiment: are the works in fact the works?

«Hard surfaces are often hard currency in the ocean, and these foundations can function as artificial reefs.

Their intention is not to get involved with currency trading, but if your coin is then being converted into other currencies as part of the process of your application functioning, are you involved in currency trading?

Where a Member State is in difficulties or is seriously threatened with difficulties as regards its balance of payments either as a result of an overall disequilibrium in its balance of payments, or as a result of the type of currency at its disposal, and where such difficulties are liable in particular to jeopardise the functioning of the common market or the progressive implementation of the common commercial policy, the Commission shall immediately investigate the position of the State in question and the action which, making use of all the means at its disposal, that State has taken or may take in accordance with the provisions of this Treaty.

There's nothing better than images of collectible coins, stage props, miniatures, and professional models to convey the intricacies of a distributed, decentralized, encrypted digital asset functioning as a virtual currency.

Any digital currency can be plugged into the integration as long as it's «API» in the My - Wallet - V3 core supports a few basic functions.

It may not replace fiat currencies, just as unlawful file - sharing has not killed off lawful distribution, but it may persist as a viable alternative and, by doing so, force change in the way its traditional predecessors function.

Usually depicted as a treasure chest or a card pack, they basically function as a means of controlling the player's progress in the game and are almost always associated with some sort of in - game currency or in - app purchase, which can be bought to speed up the process.

Paycent is mobile payment platform that functions as a dual e-wallet that can be funded by both digital currencies and fiat currency.