Sentences with phrase «of fiat currency makes»

Its flexibility to avail all the benefits of fiat currency makes it a profitable one among all the other cryptocurrencies.

Its flexibility to adopt all the benefits of fiat currency makes it an exclusive one among all the other cryptocurrency.

Its flexibility to include all the leverages of fiat currency makes it an exclusive one among all of the cryptocurrencies.

Not exact matches

Unregulated digital entities, created by just about anyone out of nothing, that assume some value denominated in fiat currency simple because they're being traded between anonymous people or bots whose only desire is to make prices go up, on unregulated opaque exchanges where everyone thinks price manipulation is good as long as it pushes up the price....

Why would a company want its stock to be made up of cryptocurrency rather than fiat currency?

Unlike traditional fiat currency where money can be printed over and over, Bitcoin has a controlled and predetermined supply, making bitcoins scarce, similar to the properties of gold.

Jamie Dimon is a Wall Street insider, JP Morgan has made billions off of centralized fiat currency and fractional reserve banking.

Until 2017, the majority of Wirex customers worldwide enjoyed the fruits of early bitcoin adoption and powered their bitcoin lifestyle by exchanging bitcoin for fiat currencies (USD, EUR, GBP)-- making payments with their Wirex prepaid debit card.

If one takes a few minutes to really think about the medium that we accept as money today, fiat currencies made out of cotton fiber backed by nothing except militaries, murder, death, and threats of murder and death, then one should easily conclude that fiat currencies literally have no intrinsic worth.

A group of Arizona legislators, for instance, recently introduced a bill that would allow residents to make income tax payments using cryptocurrencies, which the government would then convent into fiat currency.

Not only does BitPay's service make business sense, but we are excited about giving owners of bitcoin the opportunity to inexpensively and reliably convert any excess holdings into precious metals rather than back to fiat currency,» said Michael Finger, Director of Marketing at Euro Pacific Precious Metals.

With Abra enabling people to convert to and from fiat currency and bitcoin as well as with Abra's underlying technology making use of bitcoin under the hood, will we be expecting any service disruption on August 1st with Abra (noting that there might be a potential disruption with the bitcoin network at that time)?

If they make withdrawals through fiat currencies not supported by CEX.IO, they could be charged currency conversion fees by their bank or payment platform of choice.

You see, with fiat currency, a government makes the decision of printing and distributing its

If the supply of that commodity is limited (e.g., no more gold to make coins can be mined), then the ability to manipulate the currency price (exchange rate) downward by varying the quantity in circulation (as occurs with quantitative easing in fiat currencies) is no longer an option.

You see, with fiat currency, a government makes the decision of printing and distributing its paper currency.

For fans that might not have fiat currency in their account to purchase tickets for the next big Champions League game, but have plenty of bitcoin, they could use their bitcoin wallet to make an instant and highly secure transaction of a seat at Old Trafford.

The biggest downside of fiat currencies is that they require holders to surrender them to banks to make payments (apart from payments by banknotes, the transaction cost of which is directly proportionate to the transaction size).

Why would a company want its stock to be made up of cryptocurrency rather than fiat currency?

Cryptocurrency wallet and exchange service Abra announced on Thursday that seven more «altcoins» are joining the service, making a total of 20 cryptocurrencies and 50 fiat currencies.

These bitcoin debit cards only really make sense so long as the value of bitcoin stays consistent relative to the fiat currency people will be converting it into.

If they make withdrawals through fiat currencies not supported by CEX.IO, they could be charged currency conversion fees by their bank or payment platform of choice.

According to CryptoCompare, Iran's rial is ranked the 32nd most popular fiat currency on cryptocurrency exchanges, making up less than one percent of fiat transactions.

«Mizuho knew that if Mt Gox's members learned of its prohibition on withdrawals of fiat currency from Mt Gox's Mizuho account, members would stop making deposits and Mizuho would stop collecting the associated fees,» Feinerman wrote.

Volatile fiat currencies, uncertainty in all major markets make Bitcoin an attractive alternative, but one that is likely to take a long time to reach its all - time peak of $ 1128.

CENTRE makes further use of the token standard, however, as node operators - whether they be an app operator, a bank or another financial institution - could issue their own ERC - 20 tokens tied to a particular fiat currency to send between other parties on the CENTRE network.

Until 2017, the majority of Wirex customers worldwide enjoyed the fruits of early bitcoin adoption and powered their bitcoin lifestyle by exchanging bitcoin for fiat currencies (USD, EUR, GBP)-- making payments with their Wirex prepaid debit card.

Dash also stated that it believes Mercury Cash, with more than 50 percent of its users in South America, will increase the currency's usage on the continenet, where some countries have experienced political instability and inflation, making cryptocurrencies an increasingly viable alternative to fiat money.

Making the switch from fiat currency to Bitcoin is quite difficult, and creating bridge services that work between the two is a multi-million dollar affair involving placating established banking partners and complying with a large body of regulation.

Smart contracts will only be able to make fiat currency payments when some representation of fiat is put onto a blockchain or distributed ledger, by an entity with the legal ability to do this, whether it's a commercial bank or central bank or payments institution.

that «the country's laws do not make any distinction between transactions conducted using fiat currency, cryptocurrency or other novel ways of transmitting

As the first instance of ZenCash being used as a direct means of payment, without the need for conversion into another cryptocurrency or fiat currency, we believe that this is a critical step forward in making Zen more widely and easily accessible to a broader user base.

Deposits to the multisig Escrow System can be made using Debit Card, SEPA, SWIFT or wire transfer of FIAT currencies, as well as any major cryptocurrencies, including all major native tokens like BTS, BTC, bitUSD, bitEUR, bitCNY, OBITS, ICOO, and JOYY itself.

For many of those who purchased coins, cryptocurrencies represent not just a way to make money, but the future of payment systems as we know them, not to mention a way to counter what these diehards often view as an overly powerful collection of central governments with the ability to have an outsized effect on traditional fiat currencies.

It is technically possible to accomplish this much the same way as the majority of bitcoin commercial transactions work in practice: by instantly converting what the merchant receives into fiat currency, the real money still making this exchange possible.

Bitsquare is a P2P exchange that breaks the mold of conventional exchanges and makes it easier (and more private) than ever to manage Bitcoins, cryptocurrencies, and FIAT currencies.

Some of the false claims that Robert Farkas and Sohrab Sharma made include the fact that they had formed a partnership with financial services firms MasterCard and Visa to introduce a debit card which would allow users to spend their CTRs or convert them into fiat currencies.

«When it comes to money laundering or terrorism financing, Singapore's laws do not make any distinction between transactions effected using fiat currency, virtual currency or other novel ways of transmitting value.»

Echoing statements recently made by a Citi executive, Jaffrey explained that paying for assets tokenized on a blockchain with traditional fiat currency ran the risk of reintroducing the same security vulnerabilities of the centralized model.

The ability to convert bitcoin into fiat makes it easier for users to keep and use the stronger of the two currencies at any given time.

Unlike fiat currencies, which are made on government printing presses, Bitcoins and other cryptocurrencies are mined, but the process is an entirely different kind of mining.

The peer - to - peer nature of the currency and it not being susceptible to inflation and political upheavals, that have plagued fiat currencies, makes it an attractive value proposition for the continent.

While this could be seen as strength, the fact that Bitcoin is a fiat currency which is accepted only on the perceived value of other bitcoin users makes it highly vulnerable to destabilization.

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.

A group of Arizona legislators, for instance, recently introduced a bill that would allow residents to make income tax payments using cryptocurrencies, which the government would then convent into fiat currency.

The addition of Litecoin to Coinbase will, as so, make it much easier for users to acquire it with fiat currencies.

The decentralized nature of cryptocurrencies makes them perfect substitute for fiat currencies.

Effectively, if a user runs out of fiat currency when making a payment, the app will automatically convert the appropriate amount of a digital currency to make up the shortfall.

«Class T makes all types of investments in the crypto space, Class L lends fiat and crypto currencies to other traders to allow them to leverage and short, and Class I mirrors the CAMCrypto30 index of the 30 largest crypto currencies by market cap.»

She does acknowledge the «strong allure» of peer - to - peer transacting and how «unlike fiat currency, its finite supply and purposeful constraints on the pace of «mining» make it attractive to many as a store of value, similar to gold.»