Sentences with phrase «values for fiat»

Not exact matches

A fiat currency relies on investors confidence for its value.

If you go to an online exchange, and deposit fiat / local currency, you can then exchange your currency for the equivalent value in bitcoin.

However, for stock market companies, simply creating new shares or issuing stock options by fiat that are given away to employees without the company selling them at full value, existing shareholders would experience an economic dilution in profits (dividends) per share going down because of a larger number of shares and, importantly, in economic value, being given away (shares of the company are literally being simply granted to someone else, namely employees).

Volume matters because the speculation claims that BitPay services provide an easy means to move the value out of the Bitcoin economy in exchange for fiat.

If there is nothing that keeps them, they will soon dump the coin for fiat currency or other digital coins as soon as the value grows to a reasonable profit.

Today I want to review the currency that has no controlling government, but has the value, the value that people are ready to pay for with real fiat money.

The value of Digital Assets may be derived from the continued willingness of market participants to exchange fiat currencies for Digital Assets, which may result in the potential for permanent and total loss of value of a particular virtual currency should the market for that virtual currency disappear.

So in summary — most likely maintaining a public ledger would have meaningfully higher transactions cost than centralized clearing — however, there are use cases for bitcoin / cryptos where fiat currency is not an option so difference is transactions costs is not a consideration — to the extent the market ascribes value to bitcoin / cryptos this value can not be diluted or as easily confiscated

For how much longer can the reality of an acknowledged shortage for physical gold and silver go on in the face of an unprecedented and growing supply of worthless fiat, where the former have a historic intrinsic value and the latter has no value, whatsoever, except in the mindless minds of the useFor how much longer can the reality of an acknowledged shortage for physical gold and silver go on in the face of an unprecedented and growing supply of worthless fiat, where the former have a historic intrinsic value and the latter has no value, whatsoever, except in the mindless minds of the usefor physical gold and silver go on in the face of an unprecedented and growing supply of worthless fiat, where the former have a historic intrinsic value and the latter has no value, whatsoever, except in the mindless minds of the users?

Jim Rickards uses the idea of «confidence» to describe why money has value, and this is a concise way to demonstrate why the modern fiat currency system has been able to function for so long.

b. I read that Abra is able to provide stable value between fiat and Bitcoin because of Contracts for Difference in Value (Cvalue between fiat and Bitcoin because of Contracts for Difference in Value (CValue (CFDs).

Stuff like that is what got me excited: the promise of a digital cash that wouldn't lose value every year, that could not be censored, and that I could send nearly for free to anyone around the world that would eat the fiat monetary system.

The value of digital currency may be derived from the continued willingness of market participants to exchange fiat currency for digital currency, which may result in the potential for permanent and total loss of value of a particular digital currency should the market for that digital currency disappear;

While bitcoin's use as a payment mechanism seems to have taken a back seat to its value as an investment asset, the need for a greater number of transactions is still pressing as the fees charged by the miners for processing are now more expensive than fiat equivalents.

It is the Registrant's view that Bitcoins should not be regarded as coins, or otherwise as collectibles, for purposes of section 408 (m), because Bitcoins are a virtual, rather than a fiat currency (see «Bitcoin Value,» above) and, as such, do not take the form of tangible personal property, in contrast to a coin or any of the other items defined as a «collectible» under Section 408 (m).

There can be no harm in setting a terminological locus for alleged distinctions, admitting that they may assume every value of significance from zero to infinity; but there is very definite harm in depriving apparent distinctions of terminological and systematic locus, since their value is then determined as zero by fiat.

In the pending court case for overturning California's Proposition 8, which banned «gay marriage,» two leading conservative legal scholars face off: Charles J. Cooper, taking the classical conservative line that organic social institutions such as marriage have an inherent value and can not be redefined by legal fiat, and Theodore Olson, taking the more libertarian line that government should simply regulate contractual relationships between individuals and not become involved in private matters.

In the pending court case for overturning California's Proposition 8, which banned «gay marriage,» two leading conservative legal scholars face off: Charles J. Cooper, taking the classical conservative line that organic social institutions such as marriage have an inherent value and can not be redefined by legal fiat, and Theodore Olson, taking the more libertarian line that government should simply regulate contractual relationships between individuals... Continue Reading»

FIAT cars provide lots of value to their owners, especially if they're looking for a hybrid vehicle.

The adorable FIAT 500 continues to offer a ton of value and versatility for the 2017 model year, streamlining its vehicle lineup to three trim models while removing previous restrictions of bundled option groups.

The 2015 FIAT ® 500L went up for auction on Charitybuzz with an estimated value price of $ 75,000.

Print out this handy contact guide page for useful info on Crown Chrysler Dodge Jeep RAM FIAT of Dublin's address, reviews, directions and a map — and check out our links for the details on rebates and incentives, trade - in values and more.

There is really no economic or financial justification for that as gold and fiat currencies have the value that is ascribed to each as a medium of exchange.

Today, we use the system of «fiat money» which says that currency is intrinsically worth only the paper it is printed on is is used only as a medium of exchange for the supply and demand of goods and services in an economy, including precious metals like gold and silver, with the value of money allowed to fluctuate based on market forces.

This is proved mathematically for some cases, and it has been shown computationally by simulations where the «true» values and «errors» and «random variation» are known by fiat.

An exchange that sells ICO coins or tokens, or exchanges them for other virtual currency, fiat currency, or other value that subsitutes for currency, would typically also be a money transmitter.»

For each conversion, i.e. the withdrawal of cryptocurrency into fiat currency, you accept that you are selling digital content the value of which is subject to market fluctuations.

The value of Digital Assets may be derived from the continued willingness of market participants to exchange fiat currencies for Digital Assets, which may result in the potential for permanent and total loss of value of a particular virtual currency should the market for that virtual currency disappear.

That's exactly what happened on Thursday when Coinbase, the $ 1.6 - billion - valued company behind what is arguably the world's best - known exchange for converting fiat into crypto, hit the top spot for free apps in Apple's U.S. App Store for the first time as the price of bitcoin rocketed past $ 17,000 thanks via a price jump of over 20 percent in 24 hours.

While Schiff is clearly an advocate for the inherent value of gold, he acknowledges a role for fiat currency in the modern economy.

If you go to an online exchange, and deposit fiat / local currency, you can then exchange your currency for the equivalent value in bitcoin.

SPARKZ represent the value of the energy traded and are pegged to the relevant fiat currency for each trading jurisdiction.

Bitcoin will continue to take market share from regional fiat currencies for use as a store of value.

«The most important lesson, at least for me, and I hope for the public at large as well, is that the fiat currency in my pocket and also the cryptocurrency in various different wallets that I have, they all have value because of community properties, because the community believes them.»

The peer - to - peer nature of the currency and it not being susceptible to inflation and political upheavals, that have plagued fiat currencies, makes it an attractive value proposition for the continent.

For example, when the government of Zimbabwe started issuing more money, the situation eventually snowballed into one where no - one trusted the value of the currency — so, it collapsed as a form of fiat currency.

The unlimited supply of fiat currencies means that it is essential for the value of a single unit to decrease with time.

It has emerged as a popular alternative to fiat currency in certain parts of the world where fiat currency has lost value (take the example of Venezuela or Zimbabwe), or where banks are few and far between (for instance, the remote areas of Africa).

The end result is little to no value for the end user over fiat currency (for day to day use) and in return, the loyalty you get from the user will be superficial in nature.

Assuming Bitcoin is adopted for number of practical applications, the value will rise significantly — moving money around the world can be costly and time consuming — Using Bitcoin is fast, efficient and cost effective and transactions can be confirmed in a matter of minutes vs up to 7 days for normal FIAT currency transactions plus the cost of transaction.

Bitcoin is derived from the continued willingness of market participants to exchange fiat currency for Bitcoin, which may result in the potential for permanent and total loss of value of Bitcoin, should the market for Bitcoin disappear;

It is woeful irony for crypto lovers that the market value of this decentralized alternative to fiat money is seemingly centralized in the hands of political power blocs.

Other settlement layers like Ripple, Stellar or the defunct Falcon Protocol don't actually move value and are no different than using a MySQL database... they are cryptocurrencies which may be better than bitcoin for payments but have no liquidity and address none of the above - noted use cases regarding creating decentralised fiat pegged cryptocurrencies, «great for banks but not for remittance providers» says Bitspark.

The bitcoin community and developers are banking on bitcoin being a «store of value» for cryptocurrency as a whole, just like gold underpins the US dollar and other fiat currencies.

It features a single panel of operation for sending and receiving payments and shows users only the converted fiat currency value of their bitcoin holdings.

These tokens are cryptocurrencies that can be exchanged for other cryptocurrencies or fiat in order to derive usable value.

However, unlike many other asset classes (fiat currencies included) gold does have an inherent value and has been traded in one form or another for many years.

To perform these actions, Everex will utilize «Cryptocash», a technology which allows for each token's value to reflect the fiat currency on which it is based.

Set aside the debate about the value of traditional fiat vs. cryptocurrencies for the long run.

Lastly, critics argue Bitcoin has no intrinsic value because fiat currency can be used for payment of taxes and salaries while gold has an industrial application.