Sentences with phrase «much authority bitcoin»

(And even if he does return it's unclear how much authority Bitcoin users would attribute to him.)

Not exact matches

According to sources quoted by The Wall Street Journal, Chinese people were using bitcoin to bet against the value of the yuan and move money outside the country, and the authorities decided to issue the ban because the bitcoin market was creating «too much disorder.»

The fact that most legislators see bitcoins as a commodity, not a currency, allows many companies to stay in a «grey zone» without provoking too much interest from the authorities: they need simply to conduct all trade in bitcoins, without involving fiat currencies.

However, Bronsens argued that some of the inherent features of Bitcoin which have been previewed as its strength such as lack of central authority can actually distance it from the general crowd and propel it towards a much more mainstream audience.