Quotes About Currency

The regulator banned cryptocurrency... then there was an order from the Supreme Court. So, in the absence of any strong law, it was very important for us to come out with a comprehensive law-one for the private digital currency and second for the government for its digital form of currency, or the virtual currency.

Bitcoin has been described as a decentralized, peer-to-peer virtual currency that is used like money - it can be exchanged for traditional currencies such as the U.S. dollar or used to purchase goods or services, usually online. Unlike traditional currencies, Bitcoin operates without central authority or banks and is not backed by any government.

Using Roblox is free but the creators are able to charge virtual currency for the experiences. In our bird simulator you can become an eagle for $10.

I would like to implore all the governments of the world to come together to form a protocol to regulate virtual currency.

In March 2013, FinCEN issued guidance for virtual currency businesses - giving the industry some degree of clarity about how to be compliant on the federal level.

Many countries are looking at the virtual currency and the digital currency. Now, the issue is a virtual currency by the government, digital currency by the government that is one area to look but on the other hand, there are private cryptocurrencies as well.

Silver and gold are not the only coin; virtue too passes current all over the world.

Gabri and Myrna were very rich indeed, rich in the things that matter. In friendships and laughter, in kindness and company. People rich in money might belong at the Inn and Spa, but those rich in other ways belonged in the tiny village of Three Pines. Here, kindness was the real currency.

But when States did debase the coinage, it was always from purely fiscal motives. The government needed financial help, that was all; it was not concerned with questions of currency policy.

Money is not indefinitely divisible. Even with the assistance of money-substitutes for expressing fractional sums that for technical reasons cannot conveniently be expressed in the actual monetary material (a method that has been brought to perfection in the modern system of token coinage), it seems entirely impossible to provide commerce with every desired fraction of the monetary unit.

The entrepreneur who is reckoning in terms of a currency with a stable value is unable to compete with the entrepreneur who is prepared to make a quasi-gift of part of his capital to his customers. In 1920 and 1921, Dutch traders who had sold commodities to Austria could buy them back again after a while much cheaper than they had originally sold them, because the Austrian traders completely failed to see that they were selling them for less than they had cost.

Inflationism is that monetary policy that seeks to increase the quantity of money.

The function of money is to facilitate the business of the market by acting as a common medium of exchange.

The central element in the economic problem of money is the objective exchange-value of money, popularly called its purchasing power.

The exchange-value of money is the anticipated use-value of the things that can be obtained with it.

By 'the objective exchange-value of money' we are accordingly to understand the possibility of obtaining a certain quantity of other economic goods in exchange for a given quantity of money; and by 'the price of money' this actual quantity of other goods.

the fundamental problem of the value of money.

What are the determinants of the objective exchange-value of money?

Ludwig von Mises

How do you get all those coins?" asked Mort.IN PAIRS.

Regrets, Blacksmith, make poor currency. You can't but back with them what you most desire.

We believe existing currencies may move into becoming more of a crypto-currency.

What xRapid allows you to do is to have real-time liquidity.

Money is the great instrumentality for manufacturing.