BROWSE

Xenocurrency

What is 'Xenocurrency'

A currency that trades in markets outside of its domestic borders. The term "xenocurrency" is derived from the prefix "xeno," which literally means foreign or strange.

Explaining 'Xenocurrency'

An example of a xenocurrency would be the euro traded in the United States, or the Japanese yen traded in Europe. The term "xenocurrency" is seldom used in markets, perhaps because of the somewhat negative connotation of the word "xeno." Xenophobia, for example, means an irrational fear or hatred of foreigners. "Foreign currency," therefore, is the preferred term when referring to a non-domestic currency.


Further Reading


The fourfold relation between the essence of money, inflation, bubbles and debt—A theoretical macrofounded analysis
onlinelibrary.wiley.com [PDF]
… Having spent almost three decades as an economist at the Fed- eral Reserve Board, I feel particularly familiar with this … Tax reduc- tion was the central tenet of supply-side economics … Economic dissatisfaction in France led to a move to the left rather than to the right as in the …

Electronic finance and monetary policyElectronic finance and monetary policy
papers.ssrn.com [PDF]
… Having spent almost three decades as an economist at the Fed- eral Reserve Board, I feel particularly familiar with this … Tax reduc- tion was the central tenet of supply-side economics … Economic dissatisfaction in France led to a move to the left rather than to the right as in the …

Full Dollarization: A last resort solution to financial instability in emerging countries?Full Dollarization: A last resort solution to financial instability in emerging countries?
link.springer.com [PDF]
… Having spent almost three decades as an economist at the Fed- eral Reserve Board, I feel particularly familiar with this … Tax reduc- tion was the central tenet of supply-side economics … Economic dissatisfaction in France led to a move to the left rather than to the right as in the …

The debt crisis and the crisis of global regulationThe debt crisis and the crisis of global regulation
www.sciencedirect.com [PDF]
… Having spent almost three decades as an economist at the Fed- eral Reserve Board, I feel particularly familiar with this … Tax reduc- tion was the central tenet of supply-side economics … Economic dissatisfaction in France led to a move to the left rather than to the right as in the …

THE GROWLERY: Ending the Debt-Money SystemTHE GROWLERY: Ending the Debt-Money System
www.tandfonline.com [PDF]
… Having spent almost three decades as an economist at the Fed- eral Reserve Board, I feel particularly familiar with this … Tax reduc- tion was the central tenet of supply-side economics … Economic dissatisfaction in France led to a move to the left rather than to the right as in the …

Changing targets and strategies for the European financial integrationChanging targets and strategies for the European financial integration
annalidibotanica.uniroma1.it [PDF]
… Having spent almost three decades as an economist at the Fed- eral Reserve Board, I feel particularly familiar with this … Tax reduc- tion was the central tenet of supply-side economics … Economic dissatisfaction in France led to a move to the left rather than to the right as in the …

Fictions of State: Culture and Credit in Britain, 1694-1994Fictions of State: Culture and Credit in Britain, 1694-1994
search.proquest.com [PDF]
… Having spent almost three decades as an economist at the Fed- eral Reserve Board, I feel particularly familiar with this … Tax reduc- tion was the central tenet of supply-side economics … Economic dissatisfaction in France led to a move to the left rather than to the right as in the …



Q&A About Xenocurrency


How secure is this system?

The system uses cryptography to ensure that all transactions remain completely anonymous while also preventing fraud from taking place on its network. Transactions cannot be altered or deleted once they have been approved by other members of the network so there is no way for hackers to steal your funds or change your balance without you knowing about it immediately. Transactions are processed almost instantaneously so you will never need to wait long periods of time for your payments to process as with other payment methods such as checks, credit cards, etc..

Who created this currency ?

Satoshi Nakamoto created this currency . He released his white paper titled "Bitcoin" in 2008 . In 2009 , he released Bitcoin software as open source code . In 2010 , he founded Bitcoi n Foundation . In 2011 , he left foundation due answer question 7 .

Why do people prefer to use the term foreign currency instead of xeno-currency?

Because it has a negative connotation, people tend to use the term foreign currency instead of xeno-currency.

What is Xenocurrency?

Xenocurrency is a cryptocurrency.

Who took over after Satoshi Nakamoto left ?

Gavin Andresen took over after Satoshi

Why did Satoshi Nakamoto leave foundation ?

He left because he was concerned about bitcoin being used for illicit purposes .

What does the prefix "xeno" mean?

The prefix "xeno" means foreign or strange.

What are the benefits of using Xenocurrency?

Users can use it to transfer money anywhere in the world without incurring any fees or delays.

How would you describe a xenocurrency?

A xenocurrency is one that trades in markets outside of its domestic borders.

What is a xenocurrency?

A currency that trades in markets outside of its domestic borders.

What does Xenocurrency do?

It allows users to send and receive money instantly, securely, and at near zero cost.

Continue Learning

Xd | Xd | Xd | Xdis | Xenocurrency | Xrt | Xw | Xw

Leave a Reply

Your email address will not be published. Required fields are marked *