Sentences with phrase «stable currencies such»

In other parts of the world where local economies are crashing and their currency is devalued, it seems to also be creating a demand for a store of value in other more stable currencies such as Bitcoin.

Not exact matches

In the late 2000s, it suffered from such mind - boggling hyperinflation — at its height in 2008, a can of Coca - Cola that cost ZIM$ 50 billion in the morning would cost ZIM$ 150 billion at the close of business on the same day — that it abandoned its own currency in 2009 in favor of currency from other, more stable countries.

Fluctuations in the exchange rates between the U.S. dollar and those other currencies could result in the dollar equivalent of such expenses being higher and / or the dollar equivalent of such foreign - denominated revenue being lower than would be the case if exchange rates were stable.

International investments, particularly investments in emerging markets, may carry risks associated with potentially less stable economies or governments (such as the risk of seizure by a foreign government, the imposition of currency or other restrictions, or high levels of inflation or deflation), and may be or become illiquid.

Such protectionism leaves little option for China and other countries except to hold their currencies stable by purchasing U.S. and European government bonds.

For example, in the event that one or more European countries were to replace the euro with another currency, our sales into such countries, or into Europe generally, would likely be adversely affected until stable exchange rates are established.

As such, Bitcoin traders have been betting on the cryptocurrency market believing it can provide the most stable currency in the future, precisely because it is not tied to any individual country and thus is not affected by socio - political events.

For nations that have stable independent currencies, the EU isn't looking like such a good deal right now.

International investments, particularly investments in emerging markets, may carry risks associated with potentially less stable economies or governments (such as the risk of seizure by a foreign government, the imposition of currency or other restrictions, or high levels of inflation or deflation), and may be or become illiquid.

There are exceptions to stability, such as planned economies of Venezuela and Zimbabwe which have suffered from years of political chaos, but in general, most developed countries and even developing countries have relatively stable domestic currencies relative to Bitcoinland.

Miners do this because the unit of account for fiat currency is typically stable and liquid, such that they can pay wages to their employees, pay rent, electrical costs, property taxes, etc..

To help safeguard against bitcoin's volatility, many members use Uphold to instantly move between bitcoin and into one of the more stable fiat currencies, such as the U.S. Dollar or the Japanese Yen.

2018 could very well be the year we see cryptocurrencies begin to move away from their primitive status as speculative commodities for investors and become al genuine way for people to manage and spend their crypto currencies with confidence, knowing its value is stable and that the software is backed by names such as Apple.

Some of our financial products will have the property of remaining stable against the price of fiat currencies such as USD, EUR, CNY or JPY.