Sentences with phrase «more traditional fiat currencies»

However, to access these more established cryptocurrencies using the more traditional fiat currencies, interfaces provided by payment gateways must be applied.

Not exact matches

Analysts believe that investors are gradually beginning to pay more attention to these assets since they are unrelated to a country's economy — unlike fiat currencies and other traditional forms of money exchange, which are extremely vulnerable to internal and external economic shocks — leading to the popularity of cryptos such as bitcoin and a few others.

To take profits, a client must sell their BTC, Litecoin, etc. convert it to a traditional fiat currencies like USD or EUR and withdraw into a more traditional financial institution like a bank or Paypal, Neteller, etc..

In traditional fiat currency systems, government simply prints more money when they need to.

Sputnik: Are cryptocurrencies working on the blockchain any more vulnerable to hacking than traditional fiat currencies?

What many fail to realize is that crypto, when integrated properly, can be utilized as a hedge against currency inflation / volatility, is safer and faster than the Visa, MasterCard, and Amex, and that these currencies can be traded by the owner to generate more profits (a relatively cumbersome process with traditional fiat currencies).

Depending on how you work the math, performing a transfer in bitcoin can be more the using a fiat currency and using the traditional banking system.

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.

As cryptocurrency becomes more accepted in society, the need for digital currency to operate alongside the traditional fiat is becoming undeniable.

Is it fair to apply a tax system designed for fiat currencies, salaries and traditional assets which can be more easily tracked, identified and far more easily recouped if stolen?

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.

Many people are beginning to choose Bitcoin over traditional fiat currencies because they are globally accessible and the value of the Bitcoin is on the rise, so it'll be interesting to see if this mobile app that has become available is likely to see Windows Phone users become more attracted to this form of currency.