Sentences with phrase «to be a store of value»
Featured Forget the debate about whether bitcoin is a store of value or a currency.
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So we think that the gold market which is $ 9 trillion, and for a generation of investors gold was their store of value.
Something that has been a store of value for thousands of years, or a new Irish currency?
On the other hand, there is no immediate need to sell the Inventory because jewelry is not a wasting asset and can even be a store of value.
Initially bitcoin was expected to be a store of value which could function as an alternative to gold in days to come.
I especially like the «gold is a store of value, not a hedge against inflation» responses.
Russian officials have previously suggested that decentralized cryptocurrencies should not be used as a conventional means of payment and that their owners should be subjected to a value - added tax; President Vladimir Putin himself has stated that they «can not be a store of value.»
FRA: What are your thoughts on these cryptocurrencies as being stores of value?
Being a store of value means that gold is a currency metal, which is why you have gold coins and gold bullion.
And much like gold, Thiel gives his strong opinion that the cryptocurrency is destined to be a store of value rather than a means of payment.
Cryptocurrencies are stores of value, derived from their utility and based on pure price discovery.
«These homes are stores of value and they have proven over time to have a positive return without the kinds of volatility you get in equity markets.»
The ICX token on the ICON Network has three main functions apart from being a store of value.
«The only thing they want is the store of value.»
Currency is a store of value and a means of exchange, but it can also be used as an investment.
Bitcoin doesn't have enough critical mass to be a store of value at this point beyond the miners and early adopters, so also not very appealing there.
Bitcoin is a store of value however, in terms of a major asset class value, the bitcoin market cap as a percentage is still extremely small.
Ethereum's operative space is different from Bitcoin whereas Bitcoin is a store of value, Ethereum is a protocol and being fundamentally more strong than Bitcoin it may survive the shock but not to the full extent of its potential since it also belongs to the same sector.
Developed to be a currency, it is Bitcoin's success that is hindering it in this department, as being a store of value is much more enticing for investors.
A. Mary, gold has been a store of value for thousands of years and it hasn't lost its luster for many investors today.
And much like gold, the billionaire co-founder of PayPal conjectures that the cryptocurrency is destined to be a store of value rather than a means of payment.
[laughs] I still hold a little bit of Bitcoin, and I think it has such mindshare that it will continue to be a store of value.
It's a store of value, an inflation hedge, and protection against economic and financial system crises — just like gold.
Gold bullion has proven to be a store of value and a reliable wealth preservation tool over many centuries... unlike the dollar.
In addition to being a store of value, precious metals are insurance against a number of potentially disastrous scenarios: financial crashes, civil wars, political unrests, and other crises.
Some believe it is a store of value similar to gold, and that transaction fees should not matter due to...
Some believe it is a store of value similar to gold, and that transaction fees should not matter due to this.
To conclude, gold has a number of uses in addition to being a store of value.
Universal Fungibility — Being a store of value, it takes Universal fungibility very seriously, and promises to actively monitor attacks and resort to countermeasures as and when they are required.
It is a notional currency but in reality, it's a store of value and expectations, nothing less, nothing more.
«It's a store of value, so today it's about a $ US300 billion market cap, gold is at $ US6 trillion, so we think it could very well go up another 20 times from today.»
Then again, some top financial officials have made negative remarks on bitcoin, particularly on its ability to be a store of value.
It is a store of value, as its price anticipates the degradation and strengthening of the dollar, because changes in real rates will persist on average for six years.
In order for a tradable item to be a store of value, the amount of variation in value in the short - to intermediate - term versus other items that has to be limited.
Gold is a store of value and true real money.
Its market price exists purely because of a common superstition about it being a store of value.
Both are mined, both are scarce and both are a store of value.
«It's the store of value that you're sending.»
Bitcoin is torn by opposing impulses: to be a store of value, like digital gold, or the internet equivalent of cash, used for everyday purchases like cups of coffee.
I think bitcoin is the store of value.
«Those are the store of value and the payment network,» Lee said.
People can debate whether Bitcoin is supposed to be a store of value or a medium of exchange all they want, but without the Lightning Network there's hardly a debate to have — it's neither.
Similar to gold, bitcoin is said to be a store of value, and that is the very speculation that is said to be driving the price higher.