Sentence examples for conventional currency from inspiring English sources

Its backers argue it is faster and more secure than conventional currency.

The root problem with conventional currency is all the trust that's required to make it work.

What makes the chiemgauer different to conventional currency is that it automatically loses value if you don't spend it.

"The root problem with conventional currency is all the trust that's required to make it work," he wrote.

Satoshi Nakamoto posted an essay at the P2P Foundation, in 2009, that laid out Bitcoin's ideological underpinnings: The root problem with conventional currency is all the trust that's required to make it work.

And then the truth dawned: far from being a holding account for the biggest bitcoin theft in history, the wallet was actually part of the internal workings of BTC-E, an exchanges where users can trade bitcoins for conventional currency.

Collaborative credit isn't scarce like conventional currencies, and doesn't come with interest demands.

While these two examples happen to be run by banks – a cooperative in the case of the WIR and a local public bank in Nantes – that both also offer services in conventional currencies to their clients, a banking licence is not required to issue a complementary currency anywhere.

What this means is that unlike conventional currencies and earlier digital ones, bitcoins do not need trusted third parties to handle flows of money or a "central bank" to issue it.The computers that solve the puzzles also process transactions in the currency and update the blockchain.

"However, it can also be exchanged for conventional currencies, such as the U.S. dollar, Euro, Yen, and Yuan.

Hallwachs, who is a tropical ecologist, is younger, more emollient, and skilled at converting Janzen's scientific rationality into conventional social currency.