Sentences with phrase «hard fiat cash»

This means that in case of a crisis analogous to a traditional «run on the banks» Tether might not be able to back up all its USTD with hard fiat cash.

Not exact matches

All of this obviously isn't because of the fiat currency but the fact that the typical citizen is far wealtheir than they were 50 years ago under a hard currency implies that the declining currency is not an issue (unless you were super-wealthy and sitting on cash.)

Hard cash, unlike virtual fiat, has 100 % global adoption, and our machines will turn it into Bitcoin in under fifteen seconds.