Sentences with phrase «than digital gold»

He also added, that based on his observation, the greater demand is for peer to peer cash rather than digital gold.

This fork represents a segment of the cryptocurrency community that wants to see digital coins compete primarily as mainstream currencies and payment mediums rather than digital gold (though they believe Bitcoin has value as an investment as well).

Not exact matches

Bitcoin has soared more than 1,600 percent this year as people rush to buy the digital currency in the hope it will become a legitimate alternative to gold or traditional money.

For most cryptocurrency use cases, mass user adoption is still years off: «Less than 10 million people «use» crypto today, and aside from use as «digital gold» or «payment rail», other use cases won't have meaningful traction for 18 + months at fastest.»

He said the cost of holding a digital gold certificate issued by Perth Mint will be less than the 30 to 40 basis points charged by ETFs.

It seems that firms are tripping over themselves to add the digital currency faster than their neighbor in the sensation that is now being called the «digital gold rush.»

But because it's digital it can be sent anywhere easily, and each bitcoin can be divided up into fractions much easier than trying to cut up a gold bar, making it potentially much easier to use for actual transactions and to act like a currency.

Particularly as the legal profession migrates rapidly to mobile and digital platforms, the information marketplace is more fragmented than at any time and attorneys need a highly strategic librarian to ensure their seamless access to «gold standard» information sources like Wolters Kluwer in order to make the right recommendations to their clients.

Calling Litecoin a testnet might sound a little patronizing, especially when Winklevoss said bitcoin really is like digital gold — except better at being gold than gold is given the cryptocurrency's far greater portability — and Ethereum is like an oil, the fuel for a protocol layer on which developers can build all sorts of applications.

The original Dragon Quest Builders won the PlayStation Awards 2016 Users» Choice Awards for being one of the top 10 titles voted by players in Japan and Asia as well as a Gold Prize for shipping more than 500,000 physical and digital copies, according to PlayStation Lifestyle.

Bitcoin outperforms Gold Bitcoin, the world's first digital decentralized crypto currency, which is also famously know as «DIGITAL GOLD» is now considered to be better than GGold Bitcoin, the world's first digital decentralized crypto currency, which is also famously know as «DIGITAL GOLD» is now considered to be better thadigital decentralized crypto currency, which is also famously know as «DIGITAL GOLD» is now considered to be better thaDIGITAL GOLD» is now considered to be better than GGOLD» is now considered to be better than GoldGold.

Should digital gold, bitcoin, be worth more than actual gold per ounce?

Spencer Bogart of Blockchain Capital says bitcoin is more like gold in digital form than a currency.

Amid the wild Bitcoin ride that's wiped more than 40 percent off the cryptocurrency's price in a month, a pattern may be emerging: sellers are switching out of digital gold and into the real thing.

Microsoft has launched its annual Xbox summer sale, the Ultimate Game Sale, for 2016 and there are more than 170 digital items and games on offer with up to 75 per cent off.Xbox Live Gold members get better bargains, but even if you don't subscribe to... Read more

«Petro is a much more ambitious project than other digital convertible currencies such as the Digix (gold - backed) or the Tether (backed in dollars) because it opens the opportunity for using other assets to back up the currency,» the paper states.

In Japan, mainstream adoption of Bitcoin is imminent, with leading airlines, electronics retailers and some of the country's most well - known and influential companies accepting Bitcoin as digital currency rather than as digital gold and investment.

-- believe that Bitcoin is supposed to be more than just digital gold.

Apart from the Philippines and China, Japan is one of the few markets that has been considering bitcoin as a digital currency rather than as digital gold and a long - term investment.

As we discussed in a recent piece on Digital Trends, it's more like a new version of gold than it is Paypal.

BTC behaves more like a digital version of gold — an asset that cryptocurrency investors can flock to in times of trouble — than it does a digital currency.

Less than 10 million people actively «use» crypto today, and aside from use as «digital gold» or «payment rail», most other use cases won't have meaningful traction for at least another year (probably more).

The company's comments echo those of others in the digital currency space, such as Max Keiser, who see Bitcoin as a sort of «Gold 2.0» rather than a medium of exchange:

More people now view bitcoin as a «digital gold» than a «digital currency» and 86 % of the community believes ethereum can be used just as well as a medium exchange or payment method

And despite the widespread belief that Bitcoin is the crypto markets «digital gold,» its proven to be much less stable than it's real world, shiny brethren.

Understand, for the layman, that cryptos like Ethereum are more akin to application platforms, APIs, than they are digital analogues of gold (SPDR Gold Shares (NYSE: GLD)-RRB- or silver (iShares Silver (NYSE: SLV)-RRB- like Bitcoin and Litecoin gold (SPDR Gold Shares (NYSE: GLD)-RRB- or silver (iShares Silver (NYSE: SLV)-RRB- like Bitcoin and Litecoin Gold Shares (NYSE: GLD)-RRB- or silver (iShares Silver (NYSE: SLV)-RRB- like Bitcoin and Litecoin are.

This is cetainly one of the common arguments that predominates the bitcoin ecosystem, as some on the blockstream team appear to want bitcoin as «digital gold,» rather than a payment system.

Bitcoin, which has also been fondly called «digital gold», has seen its dollar value more than tripled since the beginning of the year.

Moreover, Fundstrat has recommended that clients buy into Bitcoin's recent dip, citing the flagship cryptocurrency's long - term fundamentals and potential to replace gold as a store of value among millennials and other younger investors that are far more comfortable with the concept of digital assets than their elders.

Many in the digital currency industry are advocating Bitcoin's use as digital gold, rather than as a payment method, per se.

There are people in the cryptocurrency industry have been trying to position cryptocurrencies as alternatives to gold or digital gold and I think increasingly people are realizing that these digital assets have much higher risk levels than traditional assets such as gold and silver.

But the bet laid down by bitcoin cash supporters is that the value proposition of a rarely traded and expensive digital gold is lower than a widely - used money that maintains enough of the properties of a blockchain - based currency.

Widely regarded as the «silver» to bitcoin's «gold», LTC is considered to be more stable than the leading digital currency.