Sentences with phrase «in local fiat currency»

A change in local fiat currency affects a specific part of the population, which is not fair by any means

In the context of payments and commerce, decentralized applications can be used to create a gateway where users pay with bitcoins, but merchants receive the equivalent payment in their local fiat currency.

Like Celsius, Ripio runs on cryptocurrency yet offers the loans in local fiat currency to help cryptocurrency newbies get on board.

This is all calculated in local fiat currency converted with the appropriate timing.

By default, the Abra wallet will hold your balance in your local fiat currency based on the phone number you signed up with.

And with our guaranteed exchange rate, we protect businesses from any risk of digital currency price volatility while delivering on - time bank settlements in local fiat currencies.

As a part of the FuzeX Ecosystem, the FuzeX Exchange (or a third - party partner exchange) will accept various cryptoassets and pay issuers (who will then pay merchants) in local fiat currencies.

The AMZN Token could cause inflation rates in local fiat currencies to rise.

While consumers who use Abra's flagship payment app can hold balances in local fiat currencies (it's actually bitcoin, hedged with smart contracts), transfers between wallets ride on bitcoin's rails, which know no borders.

Once the change to the AMZN cryptocurrency is made, the only difference to Amazon platforms is that all transactions on all Amazon platforms are occurring in AMZN tokens, rather than in local fiat currencies.

Its debit card allows the owner to withdraw their bitcoins at any of the 30 million ATMs in 210 countries around the world in local fiat currencies.

Not exact matches

The race between automation and human work is won by automation, and as long as we need fiat currency to pay the rent / mortgage, humans will fall out of the system in droves as this shift takes place... The safe zones are services that require local human effort (gardening, painting, babysitting), distant human effort (editing, coaching, coordinating), and high - level thinking / relationship building.

In Polupanov's words, these marketplaces have become «pioneers and leaders on the proposal to buy cryptocurrency,» with traders converting rubles to virtual currency, transmitting those funds to their home countries, and reconverting them into local fiat currency there.

If you go to an online exchange, and deposit fiat / local currency, you can then exchange your currency for the equivalent value in bitcoin.

Your wallet currency will default to your local fiat currency based on the phone number you signed up with, but if you have changed your wallet currency to something other than e.g. USD then you will want to change it back so that when you transfer USD from your bank account it will arrive in your wallet as USD.

The transaction works the same in the reverse: if a recipient needs or prefers to receive a payment in bitcoin, but the sender prefers to deal in fiat currency, the sender can add money to their Abra wallet using their bank account or a local Abra Teller and then send their fiat currency directly to the recipient's bitcoin address, even if the recipient does not have an Abra wallet.

I understand ultimately the goal is one day I go grocery shopping and all the prices are in bitcoin and not tied to another local economy / fiat currency.

At the Cato Institute's «The Policy Challenges of a Decentralized Revolution» in Washington D.C. on Tuesday, Patrick Byrne confirmed that the island nation of the Barbados has indeed ran trials hosting their local fiat currency, the Barbadian Dollar (pegged at $ 0.50 / 1 - dollar), on a blockchain equivalent.

Readily offer the ability to set the amount to pay in USD or other local fiat currency rather than requiring the customer to determine the BTC value based on the current price themselves (at least in cases where the merchant is not generating all - inclusive QR codes containing both the destination address and the price.

Much like multinational corporations (MNC) with large overseas operations, miners of cryptocurrency networks as a whole do not measure the income they receive in terms of bitcoins (or other discrete cryptocurrencies), but instead they measure their income in terms of «fiat» from foreign financial markets, specifically converting bitcoins into the local fiat currency where their mining operation physically resides.

In its first phase, the Bitcoin exchange shall support trading between Bitcoin and local currency but plans to expand scope to include more altcoins and additional fiat currencies in days to comIn its first phase, the Bitcoin exchange shall support trading between Bitcoin and local currency but plans to expand scope to include more altcoins and additional fiat currencies in days to comin days to come.

If inflation is the problem, why couldn't he have engaged in legitimate democratic process and petitioned his government to add a hard currency supply limit to his local fiat currency instead?

These four features include cryptocurrency enabled credit cards that can be used for payment in local stores, a cryptocurrency exchange with support for fiat currency, a payment provider and ATMs that will allow for the instant purchase of coins with fiat money.

To exchange fiat currency (in other words, US dollars) for KMD, you'll need to register for an account with a local cryptocurrency exchange like Gemini.

While there is a growing group of websites, cafes, and bars that accept them, the reality is that taking into account the price volatility and fees involved in acquiring bitcoins, for local purchases fiat currency still rules.

If you go to an online exchange, and deposit fiat / local currency, you can then exchange your currency for the equivalent value in bitcoin.

The target receives a message from a purported Nigerian prince and is asked to wire local fiat currency in exchange for bitcoin.

A small town in rural South Africa is seeking to experiment with a digital version of their local fiat currency.

Token abstraction on 0x allows dApps to obfuscate smart contract interactions with application - specific tokens so that end users appear to only be paying transaction fees denominated in ETH (or even local fiat currency, assuming there are fiat - pegged tokens on the Ethereum Blockchain).

Fees on BitVC, the exchange said, will be calculated daily at 13:00 local time, and it detailed how fees would be exacted from customers and in which digital and fiat currencies.

According to Bobrovich, the regulation could also create additional streams of revenue for local businesses, as for instance, «advertisement agencies will be allowed to accept cryptocurrency payments in fiat currencies.»

This is important as it means anyone around the world can participate as a market maker in various global currencies on the fiat side of the trade without the need to have the local fiat currency on hand via a gateway, it can be entirely automated and done digitally.

The vital connection to local liquidity is through fiat currency, in order to participate as a market maker in various countries fiat currency is needed to deposit and exchange with which often means the need to actually be in the country to be a market maker since bank accounts will be needed for those local currencies.

«anticipate in the near future that Gold currency will be instantaneously transferred into any local fiat currency anywhere in the world.»

Puregold is also creating a dedicated mobile app, by which they «anticipate in the near future that Gold currency will be instantaneously transferred into any local fiat currency anywhere in the world.»

Local Monero supports the buying and selling of Monero (XMR) in exchange for various fiat currencies.

Local Monero allows the trading of the Monero (XMR) cryptocurrency in exchange for fiat currencies.

Users can convert local fiat currency into Cryptocash through the specialized Everex Wallet, and then have the balances held in licensed financial accounts linked to recognized institutions.

In countries like Zimbabwe and South Sudan, where local fiat currencies have lost value, digital cryptocurrencies have emerged as reasonable alternatives.

A payment processor for cryptocurrency means that it is a company that will help retailers accept payment cards or other payment methods of cryptocurrency (such as from a mobile wallet that scans a QR code) and then immediately or quickly deposited in their account an equivalent amount of the local fiat currency.

A Bitcoin ATM functions effectively in the same way as a cash machine from your local bank, except that you can buy (and at some ATMs also sell) bitcoin in exchange for fiat currency.

Qvolta seeks to fulfill the much - needed job of filling the above - mentioned void in the P2P crypto - exchange platform market by offering a reliable, quick, and convenient way to make crypto - transactions in popular local payment methods with fiat currency.

It will not only support your local fiat currency (CAD in this case), but also save you a lot of money in unnecessary fees.

Ripple has fiat conversions on over 10 digital currency exchanges to quickly convert to the local dollar in any given country.