Sentences with phrase «rather than fiat currency»

It's also systemic because most exchanges require Bitcoin rather than fiat currency to transact.

Why would a company want its stock to be made up of cryptocurrency rather than fiat currency?

It is the Registrant's view that Bitcoins should not be regarded as coins, or otherwise as collectibles, for purposes of section 408 (m), because Bitcoins are a virtual, rather than a fiat currency (see «Bitcoin Value,» above) and, as such, do not take the form of tangible personal property, in contrast to a coin or any of the other items defined as a «collectible» under Section 408 (m).

Why would a company want its stock to be made up of cryptocurrency rather than fiat currency?

Not exact matches

Once fiat currencies, which derive their value based on laws rather than metallurgical content, became common, governments could simply print bank notes in large quantities.

To do so would either create massive hyperinflation (devaluation) of our current fiat currency, massive swings (politically rather than market driven) in the price of the metal, or create such a high conversion rate as to be nearly meaningless.

Not only does BitPay's service make business sense, but we are excited about giving owners of bitcoin the opportunity to inexpensively and reliably convert any excess holdings into precious metals rather than back to fiat currency,» said Michael Finger, Director of Marketing at Euro Pacific Precious Metals.

They create and offer Shping coins for joining and incentivizing the whole process rather than demanding any fiat currency or security.

However, users don't need to know anything about cryptocurrencies in order to take part, and can even choose to receive rewards in fiat currency, rather than in existing tokens.

The Coinbase Commerce button works in a similar way to the PayPal plugin but rather than accepting fiat currencies, the new service allows for virtual currencies to be integrated as electronic payments.

The Coinbase Commerce button works in a similar way to the PayPal plugin but rather than accepting fiat currencies, the new service allows for virtual currencies to be integrated as electronic payments, offering a more efficient digital payment option.

And while fiat currency payments are now evidently the focal point for its business (rather than Bitcoin payments), Circle does still offer the ability to feelessly pay people elsewhere in the world, in some 150 countries — and for that it needs to loop Bitcoin into the mix, turning dollar payments into BTCs deposited into the recipient's Bitcoin wallet.

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.

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.

He added that he views bitcoin as an alternative to fiat currencies rather than a replacement.

Mercury Cash CEO Victor Romero agreed with this analysis: «Because we come from Venezuela, we think people in our country are more likely to have their money in other assets rather than in Venezuelan fiat currency.

The Coinbase Commerce button works in a similar way to the PayPal plugin but rather than accepting fiat currencies, the new service allows for virtual currencies to be integrated as electronic payments.

Hence, the term bubble is more applicable to the long - term trend of the US dollar, the US Treasury, and the global fiat currency system, rather than bitcoin itself.

However, users don't need to know anything about cryptocurrencies in order to take part, and can even choose to receive rewards in fiat currency, rather than in existing tokens.

Rather than storing their own fiat currencies, they buy into a shared pool managed by the network.

Hence, ``... it's a logical extension to take land and buildings and effectively offer people the opportunity to pay in cryptocurrency or bitcoin rather than just fiat currency.»

Consequently, they could vote to distribute the company's remaining BTC — as well as the coins derived from its forks — directly to creditors rather than selling them and paying the proceeds in fiat currency.

These moles, or rather currencies, are Darwininaly fitter than fiat currencies — and not just because they're born - global.

Rather than offering a platform to buy items priced in fiat currency and pay with Bitcoin, BitReady lets customers buy items priced in Bitcoin, even if they don't own digital currency.

So I see it coming to that stage where the early adopters are giving way to a more mainstream application of cryptocurrency, and therefore it's a logical extension to take land and buildings and effectively offer people the opportunity to pay in cryptocurrency or bitcoin rather than just fiat currency.»