Sentences with phrase «work as a currency»

Either outcome — proof that Bitcoin can't work as a currency, or proof that it can — could suck speculative money out of Bitcoin and precipitate a painful crash.

Ben also worked as a currency sales - trader at Goldman Sachs in London (2001 - 2009), and in Arthur Andersen's Audit and Business Advisory group in Sydney, Australia.

There are also a bunch of different collectibles to be on the look for throughout the game — the main collectible being treasure, which works as currency.

Chain Combos: As you kill enemies within a time frame, you gain extra points, which are turned into Blood Fragments - special items that work as currency to buy items, upgrade weapons, and level up players.

Tres also work as currency in which players can use to increase their total amount of lives, damage, tres intake and abilities.

There is also an in - game shop accessed by pressing the select button on the level select screen, which allows Mega Man to purchase items like 1 - ups and E Tanks, with the various bolts he picks up by defeating enemies working as currency.

Paralleling and entwined with Simon's mostly unknowable rationale for purchasing and selling individual works is the role that gold played related to the valuation of the original works as currency and a medium for art production.

Showing that bitcoin can work as a currency with which to purchase goods strengthens the case for crypto's longevity and perhaps a move away from fiat currency.

Not exact matches

Since work wouldn't hold the same social currency or cultural importance as today, intrinsic motivations and labors of love might become the benchmark of a life well spent.

Along with his friends, Lawrence Diao and Josh Chen, Al - Naji began working on a digital currency that used the blockchain as a form of monetary regulation.

Discounts and deals — the traditional currency of fast food marketing — simply don't work as well on this demographic.

Digital River is positioned as a true global payment processing company, working in 190 countries, including many emerging countries like China and India, as well as in 170 transaction and display currencies.

This is because this payments solution uses its own branded ecoCards that have a Visa or Mastercard logo and work as payment cards for transactions in 45 currencies.

But in an interesting twist, a developer who was hired by Reddit to work on the idea of a «crypto - currency» — a form of Bitcoin that users could receive in exchange for contributing content, or as a way of distributing some of the shares that were issued in the site's fundraising round — said in a post on Medium that he was working on a plan to de-centralize Reddit in just this way before he was let go.

For the platinum coin idea to work, the Federal Reserve would have to treat it as a legal way for the Treasury Department to create currency.

IT»S easy to get excited about what's happening in the fast - moving world of currency values but it's wrong to describe what's happening as a «war», because it's not; what's going on is simply economics at work, and it's telling a story of changes in the wealth of nations.

These new services rely on the same innovative proof - of - work model of distributed security and record - keeping that has kept the bitcoin currency secure as its value ballooned well past $ 10 billion.

«We've never done as much work on consumer education as we have on virtual currency,» Giancarlo said.

The race between automation and human work is won by automation, and as long as we need fiat currency to pay the rent / mortgage, humans will fall out of the system in droves as this shift takes place... The safe zones are services that require local human effort (gardening, painting, babysitting), distant human effort (editing, coaching, coordinating), and high - level thinking / relationship building.

At a working group convened by the FSA earlier this month, one attendee reportedly recommended that it be «seriously discussed as to whether any registered cryptocurrency exchange should be allowed to use such currencies.»

With undergraduate and law degrees from Harvard University, Blankfein worked briefly as a tax lawyer before joining J. Aron & Co. as a currency salesman in 1982.

As more states begin to enact legislation regulating virtual currency businesses, those watching and working in this arena have begun to question whether California will make another attempt to enact virtual currency business regulation.

Employees working outside of the US, Europe, and the UK will be able to use the Bitwage - Xapo debit card to withdraw in their local currencies as well.

Silbert first became interested in the digital currency while working as the CEO at SecondMarket, a secondary market for company shares.

He also will serve as senior advisor to MIT's Media Lab, which will include working with the Lab's digital currency initiative and a project on the ethics and governance of artificial intelligence.

The working of binary options is pretty simple; what you need to do as a trader is indicating whether a certain asset, which includes commodities, stocks and currency pairs, will appreciate or deprecate in value within a certain period, which is the expiry period for your contract.

Prior to joining the GEBS team, Mr. Schneider worked as a portfolio manager in SSGA's Currency Management Group, managing both active currency selection and traditional passive hedging overlay porCurrency Management Group, managing both active currency selection and traditional passive hedging overlay porcurrency selection and traditional passive hedging overlay portfolios.

It wouldn't be surprising if it became the central hub of virtual currencies, as it is working to become the breeding ground for fintech innovation.

Bitwage took advantage of bitcoin's flexibility as a currency to develop an entirely new and innovative payroll that works outside the traditional financial system and empowers international wage payments.

Basis is not the only company working to develop a stable cryptocurrency for individuals and institutions looking to use digital currency as easily as they do fiat currencies.

Jim Harper is a senior fellow at the Cato Institute, working to adapt law and policy to the information age in areas such as privacy, cybersecurity, telecommunications, intellectual property, counterterrorism, government transparency, and digital currency.

Investors may be seeing Dash's recent development work as promising for 2018's planned release of Evolution and buying the currency in expectation of gains.

Following Warren Buffet comments, analysts have again started raising questions over the digital currencies potential to work as the medium of exchange.

After a year of hard work, we are very excited about the growth this will bring to both the Einsteinium Foundation and VoxTel billing integration as well as the adoption of crypto currency as a whole», said Jonathan Lauzière, Board member and Treasurer of EMC2.

Cryptocurrencies are decentralized digital currencies designed to work as a means of exchange.

Fiat currency arose out of a barter system that said «My beef critter took twice as much work to raise as your pork critter.

We now work with 15 cryptocurrency companies, allowing them to scale customer onboarding smoothly, and be more vigilant as the digital currency industry faces more scrutiny and regulation.»

He has previously worked for Overlay Asset Management, ABN Amro Asset Management and Fortis Investments as a senior currency manager for a broad range of absolute return, hedge fund and currency overlay mandates.

The system works without a central repository or the single administrator, which has led the US Treasury to categorize it as a decentralized virtual currency.

He worked as an Emerging Market Debt and Currency Strategist for AllianceBernstein from 1998 to 2010.

Working much like a fiat currency, it can be exchanged for conventional currencies such as dollars, yen, etc..

Other factors have also been at work, however, as the Australian dollar has fallen against all currencies in the TWI except the New Zealand dollar — i.e. the fall has been very broadly based (Table 6).

Unlike other digital currencies, such as BitShares (BTS), Cardano (ADA), Dent (DENT), the digital currency will only work on a distributed network on which it can run.

Presumably with the way in which the Abra smart contracts work mean that in future you might be able to transfer to other stores of value (thinking specifically of precious metals such as gold or silver) in order to hedge both crypto and fiat currency risk?

The way OneBit works is as follows: the app will serve as a mobile Bitcoin wallet, which can convert to fiat currency on the fly — at the best rate available — and lets users pay for goods and services wherever NFC payments are possible.

Trading cryptocurrencies works almost exactly the same as trading fiat currencies, and it will benefit you greatly to learn the theory behind trading currencies.

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As proof of work and the world of miners become harder to navigate, many digital currency companies have turned to the issue of network validation to find solutions.

Wirex offers a currency account which works in essentially the same way as a regular bank account, with a designated account number and sort code.

Trading cryptocurrencies works exactly the same, but instead of selling and buying fiat currencies, such as euros or US dollars, traders buy and sell cryptocurrencies, such as bitcoin, Ether (ETH) or Litecoin.