Sentences with phrase «stable value of currency»

However, unless you were super-wealthy and sitting on a pile of cash, you would have a hard time arguing that a stable value of currency was better.

Not exact matches

Even in the U.S., where the wish for a stable currency is strong, the dollar has fallen a staggering 86 % in value since 1965, when I took over management of Berkshire.

In order for bitcoin to be a real currency, Adeney claims, it must be three things: easy and frictionless for trading between people, widely accepted as a legal tender for all debts (both public and private) and stable in terms of value.

One of the cardinal rules for a good currency is that it should provide users with a stable store of value.

Tether is a cryptocurrency project focused on providing price stable assets on the Bitcoin blockchain that are pegged to the value of and backed by national currencies.

Based on current positioning, we expect the All Asset strategies to benefit from the following return tailwinds: a stable to rising breakeven inflation rate, appreciating EM currencies, convergence of EM - to - U.S. cyclically adjusted price / earnings (CAPE) ratios toward longer - term averages, and appreciation of global value stocks from today's elevated discounts toward longer - term norms.

Bob and Tracy explore to what extent the high dollar share can be explained by a concern by reserve managers to maintain a stable value of their foreign exchange reserves in local currency terms.

The British Pound, one of the most stable global currencies, lost almost 20 % of its value to the USD this past year alone, with the Brexit vote in June triggering a steep devaluation.

This would help revitalize a vital industry, while second cementing in the real world use and acceptance of digital currency and gives a stable ground for the value of BTC to grow on.

In countries with a large unbanked population or where currency values gyrate wildly, bitcoin can be a stabler form of payment and make commerce easier, especially for the poor.

The massive peaks and troughs of Bitcoin value hardly make for a stable regular currency.

The goal is to turn XRP into a stable currency that doesn't deviate in value much so banks would be comfortable moving into it without fear of volatility.

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.

In order to do that, the company has developed a unique solution — an insurance mechanism that can guarantee the value of compensation in fiat currencies, providing a stable store of value and making agreements both easier and more valuable.

A currency is supposed to be a stable store of value.

«Bitcoin is not a currency because a currency is supposed to be a stable store of value and the currency that can fluctuate 25 % in a day can't be used for instance to pay wages because wages drop by 25 % in a day.

Quite simply if the price was pegged to fiat currency before, then switching the peg to a stable cryptocurrency rate of a higher value from the

One of the most interesting is someone building a stable coin pegged to global currencies, that will follow the dollar or the euro's value in the markets.

In his statement, he noted: A currency serves as a predictable store of value, and serves as a medium of exchange that's pretty stable in value as well — bitcoin isn't there yet, they're still trying to find stability so

Granted, 2015 has been a fairly stable year regarding value of this popular digital currency, but sudden price spikes are not the direct result of major news.