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.
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.
Not exact matches
- + * Businesses that choose to accept virtual
currencies such as Bitcoins for their remuneration or revenue are subject to
normal income tax rules.
They're often things that you'll do over the course of
normal gameplay without making any special effort (
such as collecting resources and killing monsters of all sizes) and when turned in back at the Center, will reward you with Armour Orbs, which are the
currency you need to permanently boost the stats of your protective gear.
The fund invests, under
normal circumstances, at least 80 % of its net assets plus any borrowings for investment purposes (measured at the time of purchase)(«Net Assets») in sovereign and corporate debt securities of issuers in emerging market countries, denominated in the local
currency of
such emerging market countries, and other instruments, including credit linked notes and other investments, with similar economic exposures.
It is
normal in
such a situation for another
currency to become the practical
currency when inflation gets that high... even if it is illegal.
«Web developers will be able to work with c - lightning through their
normal programming techniques, and they'll also get expanded functionality
such as
currency conversion, invoice metadata, streaming payment updates and webhooks,» reads the Blockstream announcement.