Sentences with phrase «normal currencies»
Also, digital currency exchanges help merchants process transactions by converting bitcoins into normal currency.
coinscage.com
cryptography world and cryptocurrenciesA cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography.
In that case there is — unlike at normal currencies such as euro, dollar and yen - no public institution like governments or central banks behind it.
I think those developments can be used just as well for normal currency as they can for virtual currency, that's beautiful.»
While normal currencies are seen in the real world, Bitcoin runs through billions of computers all around the world.
Online payments are normally not virtual currencies but use normal currency like pesos and dollars as medium of payment.
And some law - enforcement advice about tracking the proceeds of crime: bitcoin is quite hard to trace [1], unless one wants to convert a significant amount into normal currency.
Blockchain technology, which is behind cryptocurrency, can't be altered like normal currency.
It would end up having the same problems that normal currencies and payment systems have.
It's just like a normal currency and a medium of exchange.
One talent equaled approximately 10,000 drachmas (the normal currency amongst poor and agrarian classes).
Cryptocurrencies are a type of digital money which acts as an alternative to normal currencies, like dollars, that are issued by governments of different nations.
Microsoft has announced they will be getting rid of Microsoft Points, converting prices to normal currency.
According to the analysts, the cryptocurrency can't be valued like a normal currency, as there is no interest rate associated with bitcoin.
During the freeze, investors in China could still purchase and sell cryptocoins, but were prohibited from transferring their coins out of the exchange or converting coins into normal currency.
A normal currency can have a broad use, it can store value and be a unit of exchange.
I treat it in exactly same way as normal currency these days.