Sentences with phrase «see fiat the value»

Not exact matches

This wouldn't be the first time US Dollar led woes have happened, and much like the 1970's, Peter Schiff sees gold as being a good place to store value in a time of fiat currency led chaos.

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).

Unlike some crashes where we see value flood from one cryptocurrency into another, this sell off was traders exiting into fiat.

While this could be seen as strength, the fact that Bitcoin is a fiat currency which is accepted only on the perceived value of other bitcoin users makes it highly vulnerable to destabilization.

Since some people no longer believe that fiat currency is a legitimate store of value, modern forms of tangible money are seeing record price levels, such as Bitcoins and (electronic statements of) gold and silver holdings.

Many people are beginning to choose Bitcoin over traditional fiat currencies because they are globally accessible and the value of the Bitcoin is on the rise, so it'll be interesting to see if this mobile app that has become available is likely to see Windows Phone users become more attracted to this form of currency.