Sentences with phrase «users as a means of exchange»

it must be acceptable to all its users as a means of exchange.

Not exact matches

The app is marketed as a digital wallet that would allow users to store cryptocurrencies independently of an exchange, meaning users can access their money if things go wrong at the exchange.

Designed by its authors as a means to «motivate miners to report Segwit» and to overcome the constraints of the BIP 9, the BIP 148 presents itself as a soft fork «activated by users» By the nodes of the network and the exchanges.

We position ourselves as a «brokerage», meaning that we execute the orders of our users on international bitcoin exchanges.

Now, however, the Bitcoin economy saw two more shocks: first, an IRS ruling saying that Bitcoin is taxable as property, meaning that Bitcoin users theoretically need to keep track of every transaction they make in order to calculate their capital gains liability, and finally a report, not yet confirmed by the People's Bank of China but by all accounts true, that the banking system will be forbidden from interfacing at all with Bitcoin exchanges starting April 15.

Separately, Stripe said Bitcoin users now saw the virtual currency largely as an «asset» to be bought and sold, rather than something a means of exchange.