Sentences with phrase «in real currencies»

The Internal Revenue Service (IRS) ruled that bitcoin and other digital currencies have an equivalent value in real currencies, which means that they can be used for services or purchasing goods.

Virtual currency that has an equivalent value in real currency, or that acts as a substitute for real currency, is referred to as «convertible» virtual currency.

I do however wish the actual costs of these packs in real currency went down a bit as I might be inclined to purchase some.

Natalie Griegson estimated just how expensive the castle from Super Mario 64 would actually be in real currency, and yeah, it's a lot.

In some environments, it operates like «real» currency — i.e., the coin and paper money of the United States or of any other country that is designated as legal tender, circulates, and is customarily used and accepted as a medium of exchange in the country of issuance — but it does not have legal tender status in any jurisdiction...... Virtual currency that has an equivalent value in real currency, or that acts as a substitute for real currency, is referred to as «convertible» virtual currency.

Furthermore, the term «cryptocurrency,» according to stipulations, includes anything which is considered to be a «convertible virtual currency» having an equivalent in real currency or it acts as a substitute of the same.

FINCEN goes on to broadly explain that these acts apply to any project involved in «convertible virtual currency» which «either has an equivalent in real currency or acts as a substitute for real currency» as laid out in a 2013 guidance from the Treasury Bureau.

NEVERDIE, one of the top established names in real currency MMORPG's and Virtual Worlds, today announced a Billion Dollar NEVERDIE Teleportation ICO on the Ethereum Blockchain in partnership with ICO KOREA the leading cryptocurrency specialist firm in South Korea.

Not exact matches

And that billboard was, at the time, one of the most visible examples yet of how even the most arcane aspects of the cryptocurrency craze are now bleeding into the «real» world — accompanying a wave of interest in more «mainstream» digital currencies like bitcoin.

Will a virtual currency market be created in which users can trade virtual currency whose value is tied to a real world currency?

In view of this, it is puzzling that these countries complained about «currency wars,» alleging that the «monetary tsunami» unleashed by the U.S. and the euro area was threatening their competitive positions by pulling up their currencies, when, in fact, the real and the rupeewere falling against the dollar and the eurIn view of this, it is puzzling that these countries complained about «currency wars,» alleging that the «monetary tsunami» unleashed by the U.S. and the euro area was threatening their competitive positions by pulling up their currencies, when, in fact, the real and the rupeewere falling against the dollar and the eurin fact, the real and the rupeewere falling against the dollar and the euro.

But you should understand that external conditions affecting the stability of currency may very well be the most important factor in determining whether there are any real rewards from your investment in Berkshire Hathaway.»

But as I live in the real world, I buy gold, even though I am optimistic we'll get through this rough patch; because I simply don't trust the bas * % * ds who are driving this ship with 100 % of my money in dollars, or any fiat currency, for that matter.»

Brazil's currency, the real (pronounced «Hey - I»), fell as much as 30 % against the U.S. dollar in 2015, trading at around four reals to one U.S. dollar for most of the year.

This is where a business issues a new digital currency online — think bitcoin — in exchange for real money.

Going forward, any video game «with in - game offers to purchase digital goods or premiums with real world currency» must be labeled with a new sticker that says «In - Game Purchases.&raquin - game offers to purchase digital goods or premiums with real world currency» must be labeled with a new sticker that says «In - Game Purchases.&raquIn - Game Purchases.»

As long as the world operates on fiat currencies, there will likely be inflation in houses and real assets.

The pace at which that occurs will be determined by how quickly those involved in digital currencies accept and adapt to a real regulation and adjust such currencies to better protect consumers and investors.

In order for bitcoin to be a real currency, Adeney claims, it must be three things: easy and frictionless for trading between people, widely accepted as a legal tender for all debts (both public and private) and stable in terms of valuIn order for bitcoin to be a real currency, Adeney claims, it must be three things: easy and frictionless for trading between people, widely accepted as a legal tender for all debts (both public and private) and stable in terms of valuin terms of value.

The real transformation is the idea of taking all barriers down... Whatever currency or commodity you want to transact in, you can, and you can do it for free.»

A carry trade is typically based on borrowing in a low - interest rate currency and converting the borrowed amount into another currency, with proceeds placed on deposit in the second currency if it offers a higher rate of interest or deploying proceeds into assets — such as stocks, commodities, bonds, or real estate — that are denominated in the second currency.

With extended operating hours in some countries and access to domestic payments systems being on a real - time gross basis, payments by banks in different currencies into and out of the special purpose bank would be made with finality on a continuous basis.

Today we discuss in detail the concept of debt deflation; housing, student loan and automobile debt; the oil market; the stock market; negative interest rates; currencies; and the shrinking real economy.

The backing might counteract the sort of hyperinflation that the real Venezuelan currency, the bolívar, has experienced in recent years because of the government's unbridled expansion of the money supply.

This discussion also does not consider any specific facts or circumstances that may be relevant to holders subject to special rules under the U.S. federal income tax laws, including, without limitation, certain former citizens or long - term residents of the United States, partnerships or other pass - through entities, real estate investment trusts, regulated investment companies, «controlled foreign corporations,» «passive foreign investment companies,» corporations that accumulate earnings to avoid U.S. federal income tax, banks, financial institutions, investment funds, insurance companies, brokers, dealers or traders in securities, commodities or currencies, tax - exempt organizations, tax - qualified retirement plans, persons subject to the alternative minimum tax, persons that own, or have owned, actually or constructively, more than 5 % of our common stock and persons holding our common stock as part of a hedging or conversion transaction or straddle, or a constructive sale, or other risk reduction strategy.

Weakening currencies in the post-Soviet states threaten to raise default rates on foreign - currency mortgages as collapse of the Baltic real estate bubble drags down Swedish banks, while the Hungarian property plunge threatens Austrian banks.

3 In contrast to real currency, «virtual» currency is a medium of exchange that operates like a currency in some environments, but does not have all the attributes of real currencIn contrast to real currency, «virtual» currency is a medium of exchange that operates like a currency in some environments, but does not have all the attributes of real currencin some environments, but does not have all the attributes of real currency.

FinCEN's regulations define currency (also referred to as «real» currency) as «the coin and paper money of the United States or of any other country that [i] is designated as legal tender and that [ii] circulates and [iii] is customarily used and accepted as a medium of exchange in the country of issuance.»

By contrast, a person that creates units of convertible virtual currency and sells those units to another person for real currency or its equivalent is engaged in transmission to another location and is a money transmitter.

According to the GAO, there are over 485,000 IRAs, worth approximately $ 49.7 billion, invested in unconventional assets, such as energy investments, equipment leasing, foreign - based assets, farming interests, precious metals, private equity, promissory notes (both secured and unsecured), real estate, and tax liens, as well as virtual currency.

It also emphasizes the role a stronger currency has in increasing real incomes.

For example, they may invest in real estate, managed futures, derivatives, currencies, options as well as traditional investment types such as stocks, bonds and cash.

Nor is it pegged to any real - world currency, which it resembles in that it can be used to purchase real - world goods and services, not just virtual ones.

When completing Boxes 1, 3, and 5a - 1 on the Form 1099 - K, transactions where the TPSO settles payments made with virtual currency are aggregated with transactions where the TPSO settles payments made with real currency to determine the total amounts to be reported in those boxes.

As digital currencies continue to gain traction in the real world, seemingly everyone wants to be a part of this virtual movement.

As with any new venture there was a learning curve and after a lot of reading about the value of cryptocurrencies and whether they are in a bubble, are a currency, have any real value, etc..

Because crazy as it may seem, it was the real estate bubble that brought in the foreign exchange — in the form of mortgage loans denominated in foreign currencies — that financed their structural trade deficits.

This, in my opinion, is the real key to growing your social currency.

«BitPay plays an important role in the crypto - currency ecosystem by helping consumers, businesses and other financial institutions seamlessly accept and transfer Bitcoin for goods and services in the real world,» stated Max Chee, Head of Aquiline Technology Growth.

These services include, the «social currency» the Palma, circulating in the area (for years this was paper - based but now is also in digital form), but also credit in national currency (the Real) for producers and interest - free credit in Palmas for consumers.

At Xapo, you can very easily convert your bitcoins into dollars, euros, or any other currency in the world, in real time and with no hassle.

«Private digital tokens masquerading as currencies must not subvert this trust,» the BIS chief declared, in part because they could threaten to impact the «real value» of money.

If these students» investment pays off, perhaps they can pay back their loans in virtual currency before Sallie Mae tracks them down in the real world.

In prior comments, and in pieces like Going for the Gold and Valuing Foreign Currencies, I've frequently noted the importance of real (after inflation) interest rate pressures in driving commodity and currency fluctuationIn prior comments, and in pieces like Going for the Gold and Valuing Foreign Currencies, I've frequently noted the importance of real (after inflation) interest rate pressures in driving commodity and currency fluctuationin pieces like Going for the Gold and Valuing Foreign Currencies, I've frequently noted the importance of real (after inflation) interest rate pressures in driving commodity and currency fluctuationin driving commodity and currency fluctuations.

Although the technology is still in the early stages and few people are actually buying goods with the currency, real estate presents a compelling use case for bitcoin — even though spending it to buy a home can lead to a legion of unforeseen frustrations.

According to preliminary statistics, the aggregate financing to the real economy (AFRE)... was RMB 19.44 trillion in 2017... Specifically, RMB loans to real economy registered an increase of RMB 13.84 trillion... foreign currency - denominated loans (RMB equivalent)... recorded an increase of RMB 1.8 billion... entrusted loans registered an increase of RMB 777 billion... trust loans registered an increase of RMB 2.26 trillion... undiscounted bankers» acceptances recorded an increase of RMB 536.4 billion... net financing of corporate bonds stood at RMB 449.5 billion... equity financing on the domestic stock market by non-financial enterprises registered RMB 873.4 billion...

Only a bubble in counterfeit currency, not real money.

Quantitative easing subsidizes U.S. capital flight, pushing up non-dollar currency exchange rates Quantitative easing may not have set out to disrupt the global trade and financial system or start a round of currency speculation, but that is the result of the Fed's decision in 2008 to keep unpayably high debts from defaulting by re-inflating U.S. real estate and financial markets.

If they are to succeed — not only as a fringe medium of exchange or speculative investment, but as real competitors with government currencies — some new programmers are going to have to come along and make currencies whose digital coins are created in a much different manner than the current ones.

Our goal was to create an in game currency that could create a real ecosystem where people creating cool content for the game can get paid in money that can actually buy things in the real world.»