Also, using a different technology than Bitcoin would make
it a more stable currency than Bitcoin and other similar currencies.
If a user's national currency is weak, they could connect to BTCJam and borrow money denominated in
a more stable currency.
Once we clear this hurdle the BTC exchange rate to the US Dollar might be less relevant as merchants would then fix prices in
a more stable currency.
You can hold
a more stable currency in your Abra wallet and still make payments to any bitcoin address.
In other parts of the world where local economies are crashing and their currency is devalued, it seems to also be creating a demand for a store of value in other
more stable currencies such as Bitcoin.
Not exact matches
It's the Fed's mandate to promote a
stable currency (2 % inflation per year) and full employment (unemployment between 5.2 % and 5.5 % now, but this is
more of a moving target).
In the late 2000s, it suffered from such mind - boggling hyperinflation — at its height in 2008, a can of Coca - Cola that cost ZIM$ 50 billion in the morning would cost ZIM$ 150 billion at the close of business on the same day — that it abandoned its own
currency in 2009 in favor of
currency from other,
more stable countries.
For example, in the event that one or
more European countries were to replace the euro with another
currency, our sales into such countries, or into Europe generally, would likely be adversely affected until
stable exchange rates are established.
To make the claim that cryptocurrency is
more stable than traditionally capitalistic
currency would be absurd, but cryptocurrency is definitively less susceptible to the same problems that make our
currency as unstable as it is.
The Bitcoin protocol offers robust anonymity, and the protocol guarantees that there will never be
more than 21 million Bitcoins in existence, which supporters have argued would give the
currency a
stable value.
From July 2016 to the end of second - quarter 2017,
more than 80 percent of the companies listed in the S&P 500 declared dividends, as
stable oil prices, low wage growth and a weaker US
currency have all added to the overall corporate profits.
Economic fundamentals have turned a corner and a
more stable U.S. dollar suggests an opportunity for local -
currency bond investing.
World Coin Network aims to bring a
stable Middle Eastern Crypto
Currency to help facilitate trade and foster a culture of innovators and builders through a four pronged approach — 1) Digital
Currency Stability 2)... Read
more
The strong rise in the
currency in the first six months of the year had been driven by investors chasing yields in the
more stable economies, in what was a deteriorating climate for the world economy and share markets.
Vendors can sell their wares to a worldwide audience and be paid in Bitcoin, which, despite its recent volatility, is far
more stable than many of the continent's sovereign fiat
currencies.
Cryptocurrency deposits could be potentially worth many times
more than initially deposited, however if you prefer the stability of a fiat
currency and still want to benefit from the blockchain technology, RxEAL has you covered with the smart deposits in rapidly growing ETH or
stable Dai by Maker.
Interest rates are declining, and we are now witnessing a
more stable cedi, our national
currency.
ETFs are generally accepted as fairly
stable investments, so the Bitcoin market suddenly opened up to the average person who naturally wants to know
more about this
currency.
What exactly does the dollar being a reserve
currency have to do with American stocks being a
more stable choice?
Some companies, banks, governments, and other sovereign entities may decide to issue bonds in foreign
currencies as it may appear to be
more stable and predictable than their domestic
currency.
It's not too much of a stretch to think that people would have
more faith in a
stable game
currency than they would in a national bank during a dystopia.
In a field where profitability can turn tables, miners usually opt for
currency tokens which guarantee
more stable returns.
Vendors can sell their wares to a worldwide audience and be paid in Bitcoin, which, despite its recent volatility, is far
more stable than many of the continent's sovereign fiat
currencies.
To help safeguard against bitcoin's volatility, many members use Uphold to instantly move between bitcoin and into one of the
more stable fiat
currencies, such as the U.S. Dollar or the Japanese Yen.
By offering a USD - priced platform, TrueUSD allows crypto funds and institutional traders the opportunity to hedge
more volatile
currencies like Bitcoin and Etherium with a trusted and
stable crypto alternative.
He also said people in foreign countries will likely want to buy digital
currencies as a
more stable alternative to their national
currencies.
In order to do that, the company has developed a unique solution — an insurance mechanism that can guarantee the value of compensation in fiat
currencies, providing a
stable store of value and making agreements both easier and
more valuable.
Bitcoin has proven to be far
more stable than any
currency in existence as of late, and that trend looks to continue for the foreseeable future.
Wozniak feels a
currency is
more «
stable» when it can not be diluted and, while Bitcoin has a fixed future supply (only 21 million bitcoins will ever be mined), the same can not be said about government - backed fiat
currencies.
While some asset classes like traditional commodities and fiat
currencies are
more stable, it's the high risk / high return nature of cryptocurrency investing that has fuelled the explosion in its popularity in recent months.
Since the introduction of fiat
currency in the US the Dollar has been a
more stable asset class.
Furthermore, with a
stable cryptocurrency you can have remittance, ATMs,
currency conversions and many
more financial services with lower fees than fiat
currencies, so there is still a long road ahead.
The team is also planning on launching the Emerald wallet, that should be portable for easy and simple storing and using of digital
currency, while there is also a plan to establish
more stable fluctuation of ETC
currency.
When steam originally adopted bitcoin, the
currency was
more stable than it has been in recent months.
Widely regarded as the «silver» to bitcoin's «gold», LTC is considered to be
more stable than the leading digital
currency.