Sentences with phrase «issuing fiat»

There's a high possibility of central banks to test and then employ stellar for issuing fiat - supported cryptocurrencies.

Constitutionally, for purposes of Article I, Section 10, a county or town is part of a state, and hence, is constitutionally prohibited from issuing fiat money just as a state government is prohibited from doing so.

Fiat currencies are political creatures, and are only as strong as the political entity issuing the fiat currency (fiat — it's currency because we say that it is).

In fact, government - issued fiat currencies are accorded value only because of a government edict.»

You can't choose your centrally issued fiat.

When central bankers who issue fiat money have the discretion to alter monetary policy from month to month, to do whatever seems desirable at the moment, they also have a problem of the same sort.

... using [cryptocurrency] to move both bank money and money - financed bank loans off balance sheet onto a single shared cryptocurrency ledger, together with government issued fiat money.

Things came to a head, when Mr. Felix Addo, sitting in his capacity as the Board Chairman of GNPC issued a fiat asking that the processes leading to the award of contract for exploratory work on the Voltain Basin Project be stopped and reversed.

Also, since central banks issue fiat currency at discretionary emission rates, they have the power to transfer wealth from creditors to debtors.

Kraken allows you to trade bitcoin and altcoin against government - issued fiat currency, including the US dollar, Canadian dollar, British pound, euro and Japanese yen.

You can't choose your centrally issued fiat.

Namely, Bitfinex is likely acting as a central bank that issues a fiat money called USDTs.

Since central banks issue fiat currency, they are traditionally known as «centralised» currencies.

It is fair to compare the trading volume of cryptocurrencies to the Visa network as both markets handle trades amongst hundreds of digital and government - issued fiat currencies.

Dropcoins may be converted into government - issued fiat currency for cash withdrawal at the Dropfoods vending machine or to make purchases on the vending machines and on the Dropfoods App.

But, the value of government - issued fiat currencies are manipulated by central banks and were enforced against the will of the people, like the US government replacing gold with the US dollar.

One of Bitcoin's greatest value propositions is its known «set in stone» monetary policy and, unlike traditional government issued fiat currencies, no person or organisation can debase the value of bitcoin by printing more money.

The Indian government was condemned for its statement on Bitcoin and the cryptocurrency market because it has irrationally attacked a decentralized currency system and stores of value that are providing financial stability and independence to their users, unlike the government - owned and issued fiat money.

Bitcoin has outpaced every single nation - state issued fiat currency by miles and continues to perform better than commodities like precious metals.

Not exact matches

Our society is ingrained with the current monetary system of fiat money, where governments issue it, they can put out as much of it as they want.

In September 2017, RBI Executive Director Sudarshan Sen said that the bank had a «group of people» examining fiat cryptocurrencies as an alternative to the Indian rupee, but one month later, India's chief economic adviser, Arvind Subramanian, shot down reports of a government - issued «Lakshmi Coin.»

As a regulated E-Money Institution Xapo is now licensed to issue electronic money in multiple fiat currencies.

As investor Salil Deshpande of Bain Capital Ventures describes it in a new Medium post about the outfit, this last scenario alone is a huge opportunity, given that «regulatory, tax and legal issues make it onerous and costly for cryptotraders to trade with fiat, and many crypto exchanges do not even offer the ability to use fiat.

Continuing into the early afternoon, the panel moved through several tangential topics, all of which seemed to be laying a foundational understanding for how central bank digital currencies (CBDCs) might emerge relative to other possibilities, including government - issued cryptocurrencies, e-money, and digital fiat currency (DFC).

I don't really see any big difference between fiat currencies and this one, apart centralized nature of state issued ones.

However, for stock market companies, simply creating new shares or issuing stock options by fiat that are given away to employees without the company selling them at full value, existing shareholders would experience an economic dilution in profits (dividends) per share going down because of a larger number of shares and, importantly, in economic value, being given away (shares of the company are literally being simply granted to someone else, namely employees).

Not only this, but the regulatory agency has also stated that in the country of Columbia, the only medium of exchange that is deemed as legal consists of the country's fiat currency, issued by the Bank of the Republic.

FIC Network will also allow companies to raise funding by issuing bonds denominated in crypto or fiat.

This globally - sourced trading platform provides a multi-market order book that combines every liquidity source in the world and is designed to tackle the liquidity issues associated with exchanging fiat currencies for cryptocurrencies.

But neither has any fiat - money - issuing central bank.

Over the past year, Lund says he's met with 20 central banks exploring the potential benefits of issuing their own fiat cryptocurrency on a blockchain.

Unlike the fiat currencies that are subject to regulation by the central authorities of the country in which they issued, the CryptoBank cryptocurrency is decentralized, and therefore is not subject to geopolitical and age restrictions.

I agree with about 99 % of what he said but I do take issue with the idea that when the dollar collapses, other equally leveraged and manipulated fiat currencies will not fall as well.

You first need to deposit fiat currency — government - issued money like US dollars or euros — onto CEX.IO.

You can use Abra at any time where you intend to buy, hold, sell, send, and receive bitcoin or any of the 50 + fiat currencies available through the Abra app (a fiat currency is a government - issued currency, such as US dollars or Euros).

«We will only process fiat currency - based transactions,» he said, referring to currencies that are issued by governments as legal money, such as the U.S. dollar.

CEX.IO supports fiat currencies — government - issued and - regulated money — like the US dollar, euro and Russian ruble, which you can use to buy and sell cryptocurrencies.

A digital fiat currency and government - issued mobile money platform could transform the Sub-Saharan African economy, according to nanopay CEO Laurence Cooke, who recently...

«MMT shows that if we have the resources, money is no obstacle to a government that issues its own flexible exchange - rate fiat currency.

Stellar's primary goal is to facilitate issuing and trading tokens, especially those tied to legal commitments by known organizations, such as claims on real - world assets or fiat currency.

They are fiat paper liabilities issued by a Federal Reserve that is technically insolvent by at least $ 360 billion and likely multiples of that when off - balance - sheet considerations are factored in to the equation.

He explained that the most important attribute of currency is trust and that, despite inflation, people trust fiat money issued in a stable economy, like the United States dollar.

China on Monday issued a notice, demanding that all ICOs have to be halted as of Monday, claiming that coin fundraising poses «multi-layer» risks and that platforms are barred from trading virtual currency with fiat currency.

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).

From the outset, the cryptocurrency community has held as a fundamental tenet that cryptocurrencies are inherently superior to fiat currencies by virtue of the security associated with the technology, the cap on the number of units of currency to be issued (either immediately or ultimately) and the freedom from meddling regulators, especially central banks.

Child chains can enforce further rules on transactions denominated in their token, such as permissioning, limiting which accounts are authorized to issue specific transaction types, in order to e.g. comply with KYC rules for a child chain pegged to a fiat currency, or assets marketed to a jurisdiction imposing additional restrictions on who can trade them.

There are now far more cryptocurrencies in circulation than there are fiat or government - issued currencies (coinmarketcap.com lists 1,558 as of this writing).

The answer to the question «what penalty» involves moral issues as well as legal fiat.

For like the practice of slavery, and like the Jim Crow laws of the not - so - distant past, the abortion issue raises the most fundamental questions of justice — questions that can not be avoided, and that can not be be resolved by judicial fiat.

11 - 12), where God issues the creative fiat, «Let the earth put forth vegetation,...» but is not said to have «made» or «created» what is put forth.