Not actually relevant to Bitcoin's
status as currency, but some philosophical waxing in a dissent from Judge Jacobs:
As I explained last week, Bitcoin's
status as a currency, not a security, means it's beyond the purview of the SEC.
Bitcoin does not have legal
status as a currency in most of the world.
Not exact matches
Is it necessarily the
currency that justifies the same
status as it has in the past years?
Along with devaluing the
currency by 1.86 %, the most since 1994, the PBoC announced that it would modify the way it set the reference rate, known
as «central parity», that determines the RMB's trading band, and it would so so «for the purpose of enhancing the market - orientation and benchmark
status of central parity».
The ratings agency Moody's maintained the US's top - notch «Aaa» credit rating Thursday, saying, «The diversity, dynamism, and competitiveness of the US economy, along with the US dollar's
status as the preeminent international reserve
currency and very large size and depth of the US Treasury market, offset rising fiscal pressures stemming from aging - related entitlement spending, higher debt - service payments, and recent policy actions that will likely reduce future revenues and increase expenditures.»
The bill defines virtual
currency as «a digital representation of value that can be digitally traded and functions
as a medium of exchange, a unit of account, or a store of value but does not have legal tender
status as recognized by the United States government.»
There is an overriding belief that the U.S. dollar can hold onto its
status as the world's king reserve
currency simply because of petro dollars.
As I've already noted, Fed policies have significant effects internationally, given the central place of U.S. markets in the global financial system and the dollar's status as the leading global reserve currenc
As I've already noted, Fed policies have significant effects internationally, given the central place of U.S. markets in the global financial system and the dollar's
status as the leading global reserve currenc
as the leading global reserve
currency.
Since 2001 the silver and gold markets have gone up substantially
as a reaction to the 20 year precious metals bear market from 1980 — 2000, massive increases in military spending, weakening global economies that REQUIRE Quantitative Easing to avoid deflation, the rise of competing
currencies that weaken the dollar's trading
status, excessive debts in Europe, Japan, the United Kingdom, and the United States, and so much more.
««Virtual
currencies» means a digital representation of value that is neither issued by a central bank or a public authority, not attached to a legally established
currency, which does not possess the legal
status of
currency or money, but is accepted by natural or legal persons
as a means of exchange or for other purposes, and can be transferred, stored or traded electronically.
I was 26 and had been having a rough time trying to make a living
as a journalist in post-9 / 11 New York: Chicago promised a place where ideas, not
status or money, were the primary social
currency.
But it will be, and this defrocking may occur in
as short a period
as five to 10 years... If the dollar loses
status as the world's most reliable
currency, the United States will lose the right to print money to pay its debt.
To address power and prestige, while it may be true that Britain's loss of reserve -
currency status in the 20th century coincided roughly with its loss of political and military preeminence, I think it is incorrect to imply that Britain lost power and prestige after the Great War mainly or even partly because sterling lost its
status as the dominant reserve
currency (which in fact really occurred some time in the 1930s and 1940s).
For much of my career I pretty much accepted the consensus, but
as I started to think more seriously about the components of the balance of payments, I realized that when Keynes at Bretton Woods argued for a hybrid
currency (which he called «bancor») to serve
as the global reserve
currency, and not the US dollar, he wasn't only expressing his dismay about the transfer of international
status from Britain to the US.
Capital controls have historically been
as much about preventing foreigners from buying local government bonds
as it has been about preventing destabilizing bouts of flight capital, and living in China, where an aggressive demand for the privileges of reserve
currency status coincide with equally aggressive policies that prevent the RMB from achieving reserve
currency status (and that transfer ever more of the «benefits» to the US) made clear the huge gap in rhetoric and practice.
The popularity of digital
currencies and the industry furthering its
status as a legitimate asset class continues to attract retail investors and traditional investment institutions.
They say that technological advances would see Bitcoin
as a digital
currency in the near future, but it is not ready for that
status yet.
While virtual
currencies do not have legal tender
status in any jurisdiction, they operate like «real»
currency in that they are accepted
as a medium of exchange.
Looking ahead, if the dollar loses even some of its
status as the world's «reserve
currency,» we should definitely expect to see its value decline and gold prices to increase.
Members may withdraw all or some of their virtual
currency, and there is no minimum amount of virtual
currency required to maintain your
status as a Member (however,
as indicated above, you may only trade or sell virtual
currency up to the amount shown
as belonging to you in the ledger maintained by the Exchange).
As mentioned, the USD is present in all the major
currency pairs because it has the
status of world reserve
currency.
When the fiat Federal Reserve «dollar» finally loses its
status as the world's reserve
currency, gold and silver will have then begun to make an upward price adjustment or will begin to make the upward adjustment, and all who paid much higher prices for gold and silver will stop whining about price.
The dollar's
status as the world's reigning reserve
currency is taken
as a given by the vast majority of investors.
The proposal defines «virtual
currencies»
as a digital representation of value that can be digitally transferred, stored or traded and accepted by natural or legal persons
as a medium of exchange, but does not have legal tender
status.
Any updates in relation to the
status of a nation (such
as unemployment) is likely to impact the value of its
currency.
The
currencies of laboring fundaments revolving around systemic issuances of the civil and even the moral duties may one day dry out and we here in the USA will find the ends means of welfare capitalisms to be
as a blockage within
status quo partisanships giving rises to and toward just the opposite of long nurtured agendas within passive welfare issues long held holdings.
Bono refers to his celebrity
status as «silly» and «ridiculous,» yet he's learned that «it is a kind of
currency» that has given him access to the world's power brokers.
The UK sovereign credit profile also benefits from the macroeconomic and financing flexibility that derives from independent monetary policy and sterling's
status as an international «reserve
currency».
On the other hand, the Fed's insistence on draining dollars out of global circulation would be facilitated by any European endeavours to enhance the
status of Euro
as a reserve petro -
currency.
The US does benefit from its reserve
currency status (just
as Japan benefits from a large domestic & risk - averse savings pool), but a higher US savings rate will be desirable (& probably necessary).
Yes, I was equally keen on Japanese property a couple of years back, but opted for German property in the end
as i) I think it also offers a global / European safe - haven
status (which Japanese property doesn't), and ii) I had no need / inclination to hedge it (I think
currency hedging a Japanese property position is essential, even now).
Note I'm going to focus on Gross figures from here on,
as readers have v different broker service, commission costs, tax
statuses, base
currencies etc..
Dollar's
status as the world's reserve
currency allows for ready acceptance / convertibility of the dollar all over the world.
Despite its
status as a United Kingdom territory, the BVI uses the U.S. dollar
as its official
currency.
This contains additional character slots, inventory spaces and special items,
as well
as fair amount of premium
currency and 30 days of «Patron»
status.
There are lots of additional activities beyond completing the levels comprising of 19 races available in free play mode with participation available via droids, on foot characters or miniature representations of ships; achieving True Avenger
status on every level by collecting a specific amount of LEGO studs; unlocking 205 characters; collecting 180 minikits; collecting 250 gold bricks with a variety of purposes such
as collecting 10 to 60 gold bricks within The Force Awakens levels to unlock new story missions that go beyond the story of The Force Awakens; collecting 35 carbonite bricks to unlock characters; purchasing 25 red bricks to unlock a variety of extras such
as a stud magnet; x2, x4, x6, x8 and x10 multipliers; disco lightsabers that change colour; a collectible detector; and much more besides for a cost ranging from 100,000 to 5,000,000 LEGO studs which are used
as a form of in - game
currency.
This functions
as a token which can be traded on the Ethereum blockchain and changes the
status of the artwork to a form of
currency — or a representation of itself — which circles back to the initial question of embodiment: are the works in fact the works?
Photographs are presented in multiple formats, to emphasise their
status as objects, not
as mimetic devices merely depicting their subject: there are large scale, unique silver gelatin prints, with the inky, seductive, saturated blacks that are characteristic of Beasley's hand - printed method; there is a stack of litho - prints that you can help yourself to, and there are photographic postcards on the kind of dumb, commercial rotating stand that ought to threaten a fine art practice but has instead been co-opted by Beasley to extend her meditation on the
currency of the photographic image.
Continuing to borrow is insane because the US dollar has already lost its «glamour» and if it is replaced by another
as the «World Reserve
Currency» The USA is looking at Hyperinflation when the USD loses its «World Reserve
Currency»
status.
Altcoins Despite being associated with cryptocurrencies such
as bitcoin and ethereum, ripple's
status as a decentralized
currency is a matter of dispute.
In some environments, it operates like «real»
currency — i.e., the coin and paper money of the United States or of any other country that is designated
as legal tender, circulates, and is customarily used and accepted
as a medium of exchange in the country of issuance — but it does not have legal tender
status in any jurisdiction...... Virtual
currency that has an equivalent value in real
currency, or that acts
as a substitute for real
currency, is referred to
as «convertible» virtual
currency.
Bitcoin is a virtual good, it does not have legal
status and can not and should not be used
as currency in circulation in the market.»
Certainly, a new
currency will need to be substantially better than Bitcoin to overtake it, and Bitcoin's
status as the first cryptocurrency out there gives it special unique value (much like «the original» of any painting is worth thousands of times more than even the most visually indistinguishable replica).
Overall, the public statements aimed to serve
as a reminder to citizens who may be considering the digital
currency as an investment, and both quoted a government circular released in 2013 saying that bitcoin is a virtual good and doesn't have legal tender
status.
This trade represents a milestone of sorts for blockchain technology,
as traditional financial institutions look to incorporate cryptocurrency's underlying technology for their own uses — before digital
currencies like Bitcoin undermine their
status.
As per the new document, Germany will impart a legal
status to Bitcoin which is similar to the ones extended to fiat
currencies.
That can include conversions and questions, such
as celebrity ages or
currency exchanges (if Cortana isn't sure, it offers you a Bing search instead of reading out the answer), searches, or even things like asking the
status of a particular flight.
Since then, however, many countries around the world have clarified Bitcoin's tax
status, Germany gave Bitcoin official recognition
as a private
currency, and even China and India had government officials come out to say that they do not intend to regulate Bitcoin for the time being.
Although Bitcoin is referred to
as a «
currency», it is not issued by a monetary authority and does not have the legal tender
status of a
currency, so it is not at all money in the true sense.