Sentences with phrase «use as a real currency»

Not exact matches

FinCEN's regulations define currency (also referred to as «real» currency) as «the coin and paper money of the United States or of any other country that [i] is designated as legal tender and that [ii] circulates and [iii] is customarily used and accepted as a medium of exchange in the country of issuance.»
With a nod to Ripple and the nascent partnership with MoneyGram, Holmes focused on two areas as a near - term roadmap for using alternative currencies and DLT to solve MoneyGram's real business problems.
Though the US dollar has remained the strongest fiat currency in a pool of rapidly devaluing fiat currencies over the past two years, if one calculates the declining purchasing power of the US dollar in the past couple of decades when using real rates of inflation inside the US (versus the bogus rates produced by federal entities), then one can easily reach the conclusion that the US dollar has crashed as well.
Using cryptocurrency, is also extremely safer than real currency, as cryptocurrency, is 100 percent digital, so it eliminates the risks of being stolen in robberies or other relating crime that occurs in these countries.
Although the statement might contain abstract elements, the interpretation is clear, and also the limits to using the crypto currency are real as well.
2 stating «Bitcoin and other virtual currencies are distinct from «real» currencies, which are the coin and paper money of the United States or another country that are designated as legal tender, circulate, and are customarily used and accepted as a medium of exchange in the country of issuance.»
As far as the costs are concerned, you will be required to purchase credits and use them instead of a real currencAs far as the costs are concerned, you will be required to purchase credits and use them instead of a real currencas the costs are concerned, you will be required to purchase credits and use them instead of a real currency.
PlayStation Network uses real currency and PlayStation Network Cards as seen with the PlayStation Store and PlayStation Home.
While I'm not as outraged as many in the gaming community, I understand why they believe the amount of unlockable content is unreasonable and simply implemented to encourage players to use real - life currency to unlock content (although EA has currently temporarily disabled microtransactions).
Playable as a Facebook app and similar to Farmville, WeTopia uses game currency called «joy,» which can be exchanged to fund real - world children's charities.
Having been a software developer myself for nearly two decades, I would ask that you allow me to paraphrase Khalaf's remarks: if you sell something using your app (be it virtual currency or physical merchandise) people will want to buy it, users are loyal but expectations are high (meaning you can create life - long customers if you support your app, and update it regularly to offer the features and functionality your users demand), and larger devices mean more screen real estate to play with (but not as much as tablets can offer, and you don't want to alienate users still stuck in a sub-5-inch-screened world).
If the company is able to use the currency for virtual and digital goods, surely it's capable of using it for real - world ones as well.
In the differential inflation approach, using the US dollar risk - free rate as the starting point, you are assuming a global real risk free rate, set equal to that rate embedded in the US treasury bond rate as the base for all local currency risk free rates.
The ETF's I use cover a variety of equity markets, currencies, precious metals, commodities, real estate, US bonds, emerging market bonds, etc so there is no relevant index that serves as a benchmark.
Asset allocation is an investment strategy that is used to choose among various asset classes such as stocks, bonds, commodities, foreign currencies, real estate, annuities and life insurance, and high value collectibles including precious metals.
Please be informed that it also allows you to play using virtual currency, which can be acquired as you progress through the game, or by deciding to watch certain advertisements, or by paying with real money.
Let's start by taking a look at how Miitomo's currency is distributed both freely through gameplay as well as with purchases using real - world money.
Would you prefer to use real currency as your payment of choice?
Using Just the «real currency» option will benefit both Microsoft and gamers in general as it leads to less confusion.
When the game is first released, there will be no downloadable content to purchase using earnable Fight Money or real currency (known as Zenny).
Xbox Live service will no longer use points as the currency (will be real currency) and will lift the 100 - friend cap.
And the solution is to use a widely fluctuating metal as our currency, repeal the civilrights act, end all welfare (for minorities) and to elect anyone but democrats (ie republicans but like real real republicans).
In an interview with Lawrence.com, REAL dollar creator Boog Highberger pointed out two practical obstacles all such currency have to face: 1) Modern businesses don't have as much use for cash as they once did — how many places don't accept credit or debit cards?
As the real estate market needs great liquidity and, in the case of the corporations, they may not remain with the Bitcoins and need to convert them into currency, it may be, in addition to the intervention of the regulatory bodies, one more obstacle to the expansion of the use of the cryptocurrencies in the real estate market.
If it's just a way in a transaction, at some point to add something which virtually can translate on both sides into real currencies, maybe it can be used as a system.
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.
As a result of the steady increase of available on - game currency due to the previously mentioned sale to NPC or cash reward / awards, there is an increased capacity for players to accumulate significant wealth, by exchange of goods or purchase of on - game currency from other players using real money.
Every state, whether real or virtual, can set up its own currency that's managed by its «central bank» - using a format, for example, such as smart contracts, which analyse economic performance stats and use them to establish monetary policy.
Effectively, as CoinTelegraph writes, we can use blockchains to «turn in - game items and currency into unique crypto assets that can suddenly be owned just like real - life objects are.»
Later, virtual currencies evolved to be used as an alternative to real currency
The startup, which was founded in 2015 by Philip Scigala and Joshua Scigala, offers a real - time exchange platform that uses bitcoin as the base currency to buy gold.
«The transaction fees are going higher and higher, and [the] real essence of bitcoin lies in its use [as an] affordable currency
A person that creates units of this convertible virtual currency and uses it to purchase real or virtual goods and services is a user of the convertible virtual currency and not subject to regulation as a money transmitter.
Yet, as the first episode showcases, there's a real struggle between those that look at bitcoin the currency as the true innovation and those that are looking to leverage the underlying technology for other use cases.
For Litecoin, that purpose is real - world use as a currency, and they've proven that they realize that fact.
Tether is the latest and perhaps most high - profile project to attempt to use the blockchain's functionality as a ledger to move digital tokens that represent real currency.
RD: Does DigiByte currently have any real life use cases as a currency?
As Bitcoin and other virtual currencies gain in popularity, the demand for being able to use them for real estate grows.
«In some environments, virtual currency 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.
In some environments, virtual currency 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.
Tether positions itself as the first company in history to «allow real - world currency to be used on the blockchain, just like bitcoin».
For instance, a game like Epic Games» Fortnite Battle Royale, which does not contain loot boxes but does sell in - game currency that can be used to buy cosmetic items outright, would be considered the same as Blizzard's Overwatch, which only lets players buy slot machine - style loot box packs with real money and no guarantee of eventual rewards.
By use of other information outside of the blockchain, such as digital currency transactions with real - world companies and financial institutions, or the posting of public addresses on websites, the identity and full transaction history of the user can become compromised.
Originally conceived in 2012 as a Real - Time Gross Settlement (RTGS) system aimed to reduce overheads while transacting from one currency to other, Ripple (XRP) has grown to be one of the most used cryptocurrencies in the world, with its market cap only second to Bitcoin at more than $ 121 billion, as of January 6th, 2018.
Dogecoin is prolific enough to have attracted multiple parties interested in using it as a currency for real - world purchases.
UBIQUICOIN is described as a digital currency backed by real assets that is using a «two - coin approach,» has launched their initial coin offering (ICO).
Investments that have always worked well for him include real estate, leveraging debt, gold, silver, oil and he is now a big proponent of using crypto currency to your advantage as a new asset class for financial success.
While the regulator has long banned the use of foreign currency for real estate, its call for additional documentation was seen as a signal that the government is serious about cracking down.
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