Sentence examples for private currency from inspiring English sources

Governments will never confer the status of legal tender on a private currency.

Officially, exchange rates have remained at around 66 Syrian pounds to the euro, but private currency outlets are selling euros at 73 pounds.

The amount of money that governments are prepared to spend buying euros is tiny compared with the amounts that private currency traders are prepared to sell.

They are paid for in a private currency, which members earn by participating in various activities, trading items or buying them with real dollars.This sort of stealth tax seems to work.

It employed thousands of workers in enormous factories that were the equivalent of company towns, with schools, libraries, nurseries and shops where goods were sold in its private currency.

As a private currency, Bitcoin is ultimately a "consumer product" and, like any other, its success is in large part determined by the engagement it can build with consumers in a free marketplace.

Then Kargin and Krasovitsky struck real gold in 1990, when Latvia's authorities handed Parex the Soviet Union's first private currency-exchange license.

As much as I like the American dollar, I like American private currencies even more.

Greenspan predicts that electronic commerce will give rise to private currencies.

Are we foolish enough to think the federal government would not try to defend itself against private currencies?

He says he created it as "a private voluntary currency" for those conducting business outside the government's purview.