Not exact matches
Those who hold a larger
portion of bitcoin also contribute to the volatility when they decide to convert it into
fiat currency.
Bitcoin Central first became famous in December 2012 when the exchange announced an agreement with the payment services provider Aqoba to convert the
fiat currency portion of its users» exchange accounts into what would essentially be bank accounts.
Crypto Tracker gives you access to the prices
of various cryptocurrencies in 14
fiat currencies, making this a great app for trading throughout a large
portion of the world.
Johnson has an answer for that as well, however, stating that Bitcoin can be accepted and transferred into
fiat currency almost immediately, there is no reason to hold it for companies — although Overstock does hold a large
portion of theirs as an asset.
If desired, a
portion of the developer's earnings can be received in
fiats, regardless whether the payment was made in tokens or in
fiat currency.