Sentences with phrase «use of digital currencies becomes»

«We believe that Oneiro will bring the potential of the cryptocurrency market into a completely new realm, as the acceptance and use of digital currencies becomes more mainstream,» said Ciaran Hynes, Managing Partner at COSIMO Ventures, in a statement.

Not exact matches

The report also warned that if digital coins become a widely used form of currency, investors shouldn't expect the astronomical returns that have recently drawn unprecedented attention to the world of cryptocurrencies.

Since 2009, when Bitcoin became the first decentralized digital currency and numerous altcoins started to emerge, the market cap term has also come into common use to describe the total dollar market value and available supply of the total amount of digital currency in circulation.

For advocates of bitcoin and the other cryptocurrencies surging in value, the gold may be in the shares of the companies that produce the computer processors and chips used to create the digital currencies in the process that's become known as mining.

The cryptocurrency industry is unfolding very fast and the use of digital currency is becoming very obvious for many businesses.

-LSB-...] If the digital currency will become less variable in future, the assessment of products in these values can become easier and one can start to use them more frequently as a medium of exchange.

During the first days of bitcoin, one could easily use their laptop or PC to mine the digital currency, but with time it has become more difficult, requiring a lot of energy and resources to mine.

While bitcoin has become more of a mainstream investment in recent years, it still has something of an outlaw reputation among regulators who are wary of the digital currency's history of wild price fluctuations and its popularity for use in criminal activities.

The DFS highlights three areas of particular concern: ensuring payments are processed quickly to build user confidence that money will not «get stuck in a digital black hole»; ensuring virtual currencies do not become the tool of choice for terrorists, drug smugglers, illegal weapons dealers, money launderers, and human traffickers; making sure that the use of bitcoin as an investment is governed properly.

Notably, the report labeled 2017 as «the year of cryptocurrencies,» continuing to state, «[if] digital currencies become less volatile in the future, valuing items in those denominations could become easier and individuals might begin using them more frequently as a medium of exchange.»

«[if] digital currencies become less volatile in the future, valuing items in those denominations could become easier and individuals might begin using them more frequently as a medium of exchange.»

Hydroelectric power stations are becoming popular within the digital currency mining space as this type of energy producing technology is used by miners in various countries.

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.

With this declaration, the IRS have become more involved in all sectors that makes use of digital currencies.

Whether digital currencies have the ability to become widely - used mainly depends on their acceptance, the recognition of industry participants and stable pricing, she said.

Bitcoin is becoming progressively of mainstream use, and businesses who are still delaying bitcoin payments acceptance are falling behind from this digital currency revolution, that is surely is here to stay.