Sentence examples for a mean of payment from inspiring English sources

Bitcoin expert Professor Olivier Scaillet of the University of Geneva agrees, stating, "if you regulate the use of bitcoin in terms of acceptance as a mean of payment, it is a way to limit its criminal use". There is no need to believe that the main issue with Bitcoin mining is the electricity cost.

Most economists have seen money simply as a means of payment, an improvement on barter.

Consumers will sign up for a credit-card brand if it is widely accepted as a means of payment.

In a purely decentralized system, it should be really easy to include people and give them a means of payment that's digital.

Similarly, the liquidity afforded by the secondary market facilitates the acceptance of the corporation's securities as a means of payment.

Societies agree on the use of dollars not by a formal decision but from knowledge that others recognize the dollar and accept it as a means of payment.

The scheme meets two separate needs: currencies are required both as a means of payment and as a store of value.

They retain some of the anonymity of currency, but they are not "generally accepted" as a means of payment beyond their dedicated purpose.

As in most places, Bitcoin has not taken off as a means of payment in China; instead, it is mainly a speculative investment.

"In view of the international role of the euro and the widespread trust in its banknotes, the €500 will remain legal tender and can therefore continue to be used as a means of payment and store of value".

"The high proportion of large denominations indicates that banknotes are used not only as a means of payment but also to a considerable degree as a store of value," the SNB website explained.