Sentences with phrase «other national currencies»

Wirex leads the marketplace in providing savvy consumers with the ability to quickly convert stored funds from US dollars, British pounds, Euros, and other national currencies into bitcoin — the transnational cryptocurrency — that has seen explosive global popularity.

The difference is that since August 15, 1971, when the US unilaterally terminated convertibility of the US dollar to gold, the dollar and most other national currencies have been fiat currencies.

It's important to note that Bisq does not directly integrate with banks or other national currency payment systems in any way.

Those moves are all the more striking because the dollar has strengthened against virtually every other national currency in the world in that time.

When the dollar (and for that matter all other national currencies) can not be redeemed for either gold or silver, it is inherently «weak» and ultimately worthless.

If you are willing to deposit or withdraw fiat funds (USD, EUR, GBP or any other national currency), you will then need to complete verification.

You're assuming that if income is not in dollars or some other national currency, then it is not taxable.

In other words, the value of cryptocurrencies as measured in dollars (or other national currencies) is likely to swing wildly up and down throughout 2018.

The status of Bitcoin exchange is still contentious, as the Thai central bank now argues that Bitcoin exchange might be illegal because, if combined with foreign Bitcoin exchanges, it makes it too easy to bypass foreign exchange restrictions and convert Thai baht into other national currencies, but nevertheless substantial progress has been made.

Using the US dollar as an example, he notes that it, and other national currencies, are legal tender that can be used to pay a debt or public obligation.