Sentences with phrase «monetary value of currency»
These bills comprised 86 % of the monetary value of currency in circulation, so to say that panic ensued would be an understatement.
https://www.hardassetsalliance.com/ Not exact matches
Purchases of usage subscriptions (including credits, points, and / or virtual currency) or any virtual items made available on the online services are nonrefundable, have no monetary value (i.e., are not a cash account or equivalent), and are purchases of only a limited, non-exclusive, revocable, non-assignable, personal, and non-transferable right to use, even if such came with a durational term (e.g., a monthly subscription).
Yandex's Russian operating subsidiaries» functional currency is the Russian ruble, and therefore changes due to exchange rate fluctuations in the ruble value of these subsidiaries» monetary assets and liabilities that are denominated in other currencies are recognized as foreign exchange gains or losses within the Other loss, net line in the condensed consolidated statements of income.
Although the U.S. dollar value of Yandex's U.S. dollar - denominated assets and liabilities was not impacted by these currency fluctuations, they resulted in a downward revaluation of the ruble equivalent of these U.S. dollar - denominated monetary assets and liabilities in Q1 2018.
To recap, Bitcoin is an attempt to create a distributed, open - source form of virtual currency that relies not on gold bars in Fort Knox or the monetary policy of a central bank for its value, but on a computerized ecosystem.
Virtual currency is a form of electronic money, not issued by any monetary authority, but which has an equivalent value in real money.
If everyone is using Bitcoin, however, you're all dealing in the same currency with the same value, without the constant hassle of monetary exchange.
Investors holding foreign currencies are exposed to currency risk because different factors, such as interest rate changes and monetary policy changes, can alter the value of the asset that investors are holding.
And all the more so, given that the Swissy was out of commission as a safe - haven at the time, apparently because SNB Boss - Man Thomas Jordan was cited in a Bloomberg report as saying that even though there was «a certain decline in the franc's overvaluation, the franc remains highly valued» and that «The situation on foreign - exchange markets remains fragile,» which is why the «The SNB isn't thinking about changing its monetary policy» and will continue with its negative rates and its policy of intervening (* cough * currency manipulation * cough *) in the forex market.
Though it's in no way a direct currency, there are certain ways for the homeowners to unlock the monetary value of their property.
So whereas previously central governments or banks would need to act as the guarantor of value and sign off on currency creation and transfers, now cryptocurrencies serve as a decentralized monetary system that is fraud resistant all on its own.
Media companies and investment firms in South Korea, India, Australia and Japan have started to discuss the possibility of Bitcoin surpassing the value of certain reserve currencies in the far future as an alternative monetary and financial system.
While a money transfer between two parties in different African nations routinely costs more than 10 percent of the transaction's value, and central bankers are sometimes not resistant to the temptation to print more money, Bitcoin has extremely low costs as a payment settlement network and has a monetary policy that is essentially controlled by the users of the digital currency.
«This bill makes clarifying changes to current law to ensure that various forms of alternative currency such as digital currency, points, coupons, or other objects of monetary value do not violate the law when those methods are used for the purchase of goods and services or the transmission of payments.»
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.