Sentences with phrase «of fiat money»

In some jurisdictions, if you sell an asset for that jurisdiction's fiat money, the amount of fiat money you make is a taxable capital gain.

It must be said that existing cryptocurrencies do not all fulfill the characteristics of fiat money as a medium of exchange.

As investors lose confidence in central banks and traditional forms of fiat money, crypto assets are becoming more viable.

Aside from enjoying a new influx of fiat money, these two digital currencies might benefit from fear - of - missing - out syndrome after experiencing their latest rallies.

The value of fiat money isn't directly held in a physical asset like a precious metal or an item that's of use to someone.

Stock market prices and real estate are where most of the fiat money is flowing.

It is poorly researched and shows a near total ignorance to the nature of fiat money.

It's clear that cryptocurrencies partially fit the definition of fiat money.

In this new age of fiat money, credit growth drives economic growth, liquidity determines the direction of asset prices and the government controls both through aggressive policy intervention.

International money transfer services allow people all over the world to take one form of fiat money and send it in the form of a different type of fiat currency for a small fee.

In the end, this is going to lead to the implementation of another monetary architecture — only I fear it will be another type of fiat money system, probably an even more centralized one than is now in place.

Our society is ingrained with the current monetary system of fiat money, where governments issue it, they can put out as much of it as they want.

But the exchange of fiat money into virtual currency, and vice versa, should be done offshore to avoid infringing Philippine regulations, he said.

You can also render unto Caesar that which is Caesar's; consider trading at least a portion of your fiat money for alternatives like precious metals or digital currencies, and stop using their corrupt paper.

In simple terms, market capitalization is the amount of fiat money such as USD or GBP currently invested into a particular cryptocurrency.

For now we mainly want to note that it has to be expected that similar to other investment assets, the valuation of cryptocurrencies in terms of fiat money will definitely partly depend on money supply growth rates.

There was no creation of fiat money by Bronze Age temples and palaces to spend into the economy, and no monetary inflation.

Due to the nature of decentralized blockchain protocol, smart contracts, and the coins used instead of fiat money, people can exchange their tokens, buy and sell them, and receive their winnings almost instantly.

Anyone familiar with the long history of debasements by ancient and medieval government mints, or with the history of fiat money inflations by modern government central banks, knows that governments have often been untrustworthy issuers.

As cryptocurrency gains mainstream acceptance we have seen Bitcoin take on many of the mediums of fiat money — ATMs, debit cards, financial derivatives, and even cryptocurrencies whose value is tethered to assets.Now, in an interesting new development, a firm in Singapore has begun to sell Bitcoin banknotes...

A simple methodology of approaching the valuation of Bitcoin — the «founding father» of cryptocurrency and certainly the largest — would be to compare the current supply of fiat money globally with Bitcoin.

Formed on Jekyll Island off the shore of Georgia in 1910, the Fed is responsible for implementing the United States» policy of fiat money.

The ubiquity of fiat money (money created by governments and through the credit system) and the expectation of fairly steady economic growth seem to invalidate many of the objections to lending at interest.

They also show that, in this new era of fiat money, credit growth drives economic growth, liquidity dictates the movements of the financial markets and the government attempts to control both credit growth and liquidity to ensure that the economy does not collapse.

David Ranson of Wainwright Economics has been concerned about US government insolvency for some time, and given his understanding of fiat money, the problem is even worse than David Einhorn suggests.

Many would rather have the Fed done away with, because of the inherent dishonesty of fiat money.

But if you are offering your industry's version of fiat money or something even less mission - critical, you may very well do with the cloud, your in - house data centre, or even a Windows application.

And so Daugherty made me wonder about the reality of bitcoin and how its integral cryptographic nature makes it seem abstract, in contrast with the perception of fiat money as something real, tangible and concrete.

The majority of fiat money supplies are inflationary and based on money being printed out of thin air from a central bank and then lent to other large banks at interest.

If you apply for a credit card or personal loan and are approved, that credit or amount of money you receive is a form of fiat money because you're essentially using money on the basis of your creditworthiness and agreement that you'll pay back the funds — typically with interest.

This panel could lead to heavy debates, as an advocate for the preservation of fiat money will be joined by an early Bitcoin investor, a financial journalist and a parliamentary aide to Greek SYRIZA MP Betty Skoufas.

Deutsche Bank lead strategist Jim Reid believes the reign of fiat money could soon end and cryptocurrencies like bitcoin could take over the global financial market.

The platform already beta tested the transfer of fiat money for a flat fee of 1 $, disrupting existing business models and signalling a new era of financial freedom.

America should get rid of fiat money and move to digital currency, Joseph Stiglitz, the Nobel Prize in economics, suggested at the World Economic Forum in Davos.

The only difference is that you are converting your fiat (The U.S. dollar is an example of fiat money) to a cryptocurrency.

Ubcoin Market allows them to pay for the goods with no need of fiat money exchange.

It allows you to transfer something that is accepted as money outside of the banking system, and outside of fiat money currencies,» he said.

Unfortunately, the historical record of fiat moneys is pretty poor.

So ask yourself, how can you effectively hedge against a fiat money system with another type of fiat money?

In simple terms, market capitalization is the amount of fiat money such as USD or GBP currently invested into a particular cryptocurrency.

It authorized the creation of fiat money to the tune of nearly five million dollars a month, and it passed a 50 % increase in tax rates in the principal form of federal taxation, the tariff.

Another factor that could have helped place upward pressure on bitcoin prices was an influx of fiat money, an observation that Ark Invest's Chris Burniske emphasized.

In statements, representatives from the firm framed the move as a way to offer wealthier clientele a way to invest in gold using their cryptocurrency holdings instead of fiat money.