Sentences with phrase «role as a medium of exchange»
«Anyone doubting bitcoin's role as a medium of exchange is clearly not looking at the data,» he commented.
http://bitcoinist.com/ Not exact matches
The former use of Uang Kepeng as a medium of exchange in Bali has played a central role in the vitality of Balinese culture, religion, society, governance and economy, and therefore should be re-issued as a complementary medium of exchange to meet present concerns about cultural degradation and demands for an increased supply of Uang Kepeng that is valuable to the people and supports the elements of Balinese culture.
If cryptocurrencies fail to provide easy liquidity, then they fail as mediums of exchange, one of the principal roles of money.
None of these cryptocurrencies are suited to playing the most basic role of currency, as a relatively stable medium of exchange.