Sentences with phrase «only fiat money»
And they store only fiat money in your accounts.
http://www.slaw.ca/ Not exact matches
Poloniex, which for now trades only digital tokens (about 70 types), needed a way to translate its cryptocurrency exchange fees into fiat money like U.S. dollars — «to buy cookies and milk and pay rent,» as Allaire likes to say.
The licenses required for Money Service Operators only pertain to those entities who deal with fiat currencies.
Unlike fiat money, of which we can always print more, there's only so much recoverable gold in the world.
The size and existence of the modern state is limited only by the ability to borrow money; an ability dependent on the continuing value of fiat paper money.
The original form of money, and still considered by many to be the only «true money», unlike fiat currency, which is what we use today.
by The banking - government industrial complex has been pulling the wool over investors» eyes for years when it comes to getting the masses to keep their savings tied up in ever rapidly devaluing fiat currencies instead of intelligently converting them into the only real money out there — physical gold and physical silver — that has -LSB-...]
But that's only because under a fiat standard any pattern of money supply adjustment is possible, including a «perfect» pattern, where «perfect» means perfect according to the player's own understanding.
«We will only process fiat currency - based transactions,» he said, referring to currencies that are issued by governments as legal money, such as the U.S. dollar.
Check out the exchanges and platforms that support Monero: • Kraken • Bitsquare • Livecoin • Gate.io • Bitfinex • Binance • Poloniex (supports cryptocurrencies) • BitBNS (for India only) • HitBTC • MoneroForCash (For fiat money purchases)
There are almost no times where money just materializes from nowhere, but this notion only took «fiat» money into consideration.
Fiat money transaction speed With the help of the built - in payment agent, the crediting time for fiat funds will only take several minutes.
On cryptocurrency exchanges you can buy Bitcoin only with other cryptocurrencies or fiat money through a wire transfer or a debit card.
Today, we use the system of «fiat money» which says that currency is intrinsically worth only the paper it is printed on is is used only as a medium of exchange for the supply and demand of goods and services in an economy, including precious metals like gold and silver, with the value of money allowed to fluctuate based on market forces.
When growth stops, the fiat money debt that countries incur can only be paid by gold.
Because fiat currency (AKA paper money) helps build up a country's debt, and physical gold is the only form of payment to counter this.
Accordingly, only when we recognise that monetary central planning is the ultimate source of our financial and economic distemper, and when it either collapses or is consigned to the dustbin of history, and when 100 % - reserve banking and sound money replace fractional reserve and central banking and fiat currency, will the ruinous cycle of boom and bust become as thing of the past.
In order to estimate which portion of gold and fiat money can be substituted by cryptocurrencies, I will use the most conservative estimate — only 10 % (yearly volatility of stock markets or commodities is much higher!).
Yes, I would dare to stay that only 10 % of all fiat money and gold can be replaced with cryptocurrencies.
Poloniex, which for now trades only digital tokens (about 70 types), needed a way to translate its cryptocurrency exchange fees into fiat money like U.S. dollars — «to buy cookies and milk and pay rent,» as Allaire likes to say.
TrustToken says that when users send in fiat, their money is kept in an escrow account that only they have access to, and that they can reclaim their underlying fiat at any time.
Firms basically place price bets on the future Bitcoin price of a certain forthcoming date, and profits or losses will be in fiat money only.
That's the reason why it's now possible for institutions to participate in Bitcoin trading in general, as they are only able to trade in fiat money based markets, such as Bitcoin Futures.
If you register your account with one fiat currency, then you can only deposit and withdraw money using that currency.
If you convert one fiat currency (for example, US dollars) to another fiat currency (euros), you'll only lose money once on the exchange rate.
Considering that Bitcoin remains as the only viable alternative to fiat currencies, the decline of government - issued money will continue to lead more investors and general consumers into the Bitcoin market.
As a result, investors can only access them by first converting fiat money into BTC tokens.
Exchanges can be broadly sub-divided into two categories: exchanges that accept fiat money (regular currency) and exchanges that accept cryptocurrencies only.
The only difference is that you are converting your fiat (The U.S. dollar is an example of fiat money) to a cryptocurrency.
Not only does Circle Pay already use the blockchain to make fiat money transfers quicker and more efficient, but there are also Circle Trade and Circle Invest, which as highlighted above may potentially be integrated somehow with Poloniex in the future.
It will not only support your local fiat currency (CAD in this case), but also save you a lot of money in unnecessary fees.
Impartial regarding the interests of system participants Lending in fiat money on classic platforms means that you can only lend in one country or region.
However, government - backed money has not stood the test of time; the average life of fiat currency is only 27 years.
The only difference between the Animal Farm and Organized Real Estate is that with Organized Real Estate the horses come and go on a regular rotational basis, but their overall numbers remain high enough to keep the money ball rolling and thus keep the pigs (the overseeing ruling class by fiat) happily rolling in manure... I mean, money.