Sentences with phrase «own local fiat currency»

Plus, it can be converted into a ton of different local fiat currencies if needed.

In Polupanov's words, these marketplaces have become «pioneers and leaders on the proposal to buy cryptocurrency,» with traders converting rubles to virtual currency, transmitting those funds to their home countries, and reconverting them into local fiat currency there.

Not only does partnering with Xapo allow employees and freelancers around the world to use their Bitcoin wages with everyday merchants, but this debit card allows mainstream employers, employees and freelancers to reap the benefits of the blockchain while having easy access to local fiat currency.»

And with our guaranteed exchange rate, we protect businesses from any risk of digital currency price volatility while delivering on - time bank settlements in local fiat currencies.

Your wallet currency will default to your local fiat currency based on the phone number you signed up with, but if you have changed your wallet currency to something other than e.g. USD then you will want to change it back so that when you transfer USD from your bank account it will arrive in your wallet as USD.

By default, the Abra wallet will hold your balance in your local fiat currency based on the phone number you signed up with.

Bitcoin is the same digital currency across borders and can be converted into nearly any local fiat currency on request.

At the Cato Institute's «The Policy Challenges of a Decentralized Revolution» in Washington D.C. on Tuesday, Patrick Byrne confirmed that the island nation of the Barbados has indeed ran trials hosting their local fiat currency, the Barbadian Dollar (pegged at $ 0.50 / 1 - dollar), on a blockchain equivalent.

As a part of the FuzeX Ecosystem, the FuzeX Exchange (or a third - party partner exchange) will accept various cryptoassets and pay issuers (who will then pay merchants) in local fiat currencies.

This is all calculated in local fiat currency converted with the appropriate timing.

The AMZN Token could cause inflation rates in local fiat currencies to rise.

While consumers who use Abra's flagship payment app can hold balances in local fiat currencies (it's actually bitcoin, hedged with smart contracts), transfers between wallets ride on bitcoin's rails, which know no borders.

Once the change to the AMZN cryptocurrency is made, the only difference to Amazon platforms is that all transactions on all Amazon platforms are occurring in AMZN tokens, rather than in local fiat currencies.

There are several services on the market that allow users to spend bitcoins by converting them into local fiat currencies.

Readily offer the ability to set the amount to pay in USD or other local fiat currency rather than requiring the customer to determine the BTC value based on the current price themselves (at least in cases where the merchant is not generating all - inclusive QR codes containing both the destination address and the price.

Much like multinational corporations (MNC) with large overseas operations, miners of cryptocurrency networks as a whole do not measure the income they receive in terms of bitcoins (or other discrete cryptocurrencies), but instead they measure their income in terms of «fiat» from foreign financial markets, specifically converting bitcoins into the local fiat currency where their mining operation physically resides.

The Dash team announced today an integration with a leading Latin American exchange, BitINKA, providing citizens across Central and South America access to buy and sell Dash using their local fiat currency.

If inflation is the problem, why couldn't he have engaged in legitimate democratic process and petitioned his government to add a hard currency supply limit to his local fiat currency instead?

Like Celsius, Ripio runs on cryptocurrency yet offers the loans in local fiat currency to help cryptocurrency newbies get on board.

The target receives a message from a purported Nigerian prince and is asked to wire local fiat currency in exchange for bitcoin.

In the context of payments and commerce, decentralized applications can be used to create a gateway where users pay with bitcoins, but merchants receive the equivalent payment in their local fiat currency.

A small town in rural South Africa is seeking to experiment with a digital version of their local fiat currency.

Token abstraction on 0x allows dApps to obfuscate smart contract interactions with application - specific tokens so that end users appear to only be paying transaction fees denominated in ETH (or even local fiat currency, assuming there are fiat - pegged tokens on the Ethereum Blockchain).

This will make it effortless for our users to convert their utility tokens, providing them with continuous liquidity not even against Bitcoin, Ripple, Bitcoin Cash and Ethereum but also against local fiat currency.

This deal is part of the Hyperledger Fabric Project and under the agreement, a network of banks will conduct transactions using Lumens, and then rely on local market makers to convert the Lumens into local fiat currency.

will conduct transactions using Lumens, and then rely on local market makers to convert the Lumens into local fiat currency.

This is important as it means anyone around the world can participate as a market maker in various global currencies on the fiat side of the trade without the need to have the local fiat currency on hand via a gateway, it can be entirely automated and done digitally.

Its debit card allows the owner to withdraw their bitcoins at any of the 30 million ATMs in 210 countries around the world in local fiat currencies.

«anticipate in the near future that Gold currency will be instantaneously transferred into any local fiat currency anywhere in the world.»

Under this blockchain based arrangement, banks will conduct the transactions using Lumens, and then rely on local market makers to convert the Lumens into local fiat currency.

Puregold is also creating a dedicated mobile app, by which they «anticipate in the near future that Gold currency will be instantaneously transferred into any local fiat currency anywhere in the world.»

It supports mass options of your available local fiat currency.

Users can use available tokens for money remittances or can exchange them for inner MMR tokens local fiat currencies through an agent system or use as payment for goods and services.

This means that if there's someone willing to accept your local fiat currency, you can purchase Bitcoins for it, which is pretty awesome.

Users can convert local fiat currency into Cryptocash through the specialized Everex Wallet, and then have the balances held in licensed financial accounts linked to recognized institutions.

By using this blockchain arrangements banks will keep up the transactions using Lumens and then they try to convert the lumens into the local fiat currency by depending on the local market.

In countries like Zimbabwe and South Sudan, where local fiat currencies have lost value, digital cryptocurrencies have emerged as reasonable alternatives.

A payment processor for cryptocurrency means that it is a company that will help retailers accept payment cards or other payment methods of cryptocurrency (such as from a mobile wallet that scans a QR code) and then immediately or quickly deposited in their account an equivalent amount of the local fiat currency.

More affordable than ATM fees, true, but you may be trading your local fiat currency for USD / EUR to be able to trade crypto anyway, so it could add up.

Once money is converted into bitcoin, the inflation rates of local fiat currencies do not affect bitcoin holdings and it can be sent anywhere through the Internet for free.

It will not only support your local fiat currency (CAD in this case), but also save you a lot of money in unnecessary fees.

A change in local fiat currency affects a specific part of the population, which is not fair by any means

Not exact matches

A question I had for the company is: how do governments and national banks feel about local currencies... which of course mean that actual fiat government currencies would be used less.

The race between automation and human work is won by automation, and as long as we need fiat currency to pay the rent / mortgage, humans will fall out of the system in droves as this shift takes place... The safe zones are services that require local human effort (gardening, painting, babysitting), distant human effort (editing, coaching, coordinating), and high - level thinking / relationship building.

If you go to an online exchange, and deposit fiat / local currency, you can then exchange your currency for the equivalent value in bitcoin.

The transaction works the same in the reverse: if a recipient needs or prefers to receive a payment in bitcoin, but the sender prefers to deal in fiat currency, the sender can add money to their Abra wallet using their bank account or a local Abra Teller and then send their fiat currency directly to the recipient's bitcoin address, even if the recipient does not have an Abra wallet.

I understand ultimately the goal is one day I go grocery shopping and all the prices are in bitcoin and not tied to another local economy / fiat currency.

Using fiat currency means you use everyday legal tender such US Dollars, Euros or your local currency to purchase Ether from verified sellers.

Trading «over-the-counter» (OTC) can involve local trades, or direct trades whereby one user is paid with a fiat currency via a bank transfer.

The goal of local / regional cryptocurrencies is not necessarily to compete with national fiat currencies.