Enska - Article próf (4,5,6)
Shares
Hlutabréf
Facilitate
Auðvelda
Interstate banking
Banka viðskipti milli ríkja
Interbank payments
Bankagreiðslur milli banka
Credit
Bankainnistæða, bankalán
Recognition
Bera kennsl á
Merchant
Kaupmaður
Geographic region
Landsvæði
Liquidity
Lausafé, greiðslugeta
Monetary systems
Peningakerfi
Money laundering
Peningaþvætti
Sovereign
Fullvalda
Transaction
Færsla
Transmissions
Færslur
Deposit
Innistæða
Mergers
Samruni
Mechanisms
Tækni
Currencies
gjaldmiðill
Asset
Eign
The content questions
1. What is Bitcoin? It is a digital currency and is one of the first. 2. Who created Bitcoin? The identity of the technology creator of Bitcoin is a mystery. But it is Satoshi Nakamoto who created Bitcoin in January 2009. 3. Who are bitcoins rivals? Bitcoins rivals is with the government currency. 4. where can bitcoin be used? Bitcoin can be used in the black market, money laundering and as well as illegal activities. 5. What security risk comes with owning and use Bitcoin? There are hackers who can gain access to digital wallets were bitcoins are kept and accounts.
Reserve Requirement
Bindiskylda
Car loans
Bílalán
Profit-share
Deila hagnaði
Spread business
Dreifð viðskipti
Decentralized authority
Dreyft vald
Encryption
Dulkóða
Encryption algorithm
Dulkóðuð reiknilíkan
Precautions
Eign
Solitary
Einn
Refunds
Endurgreiðsla
Launched
Fara af stað
Circulation
Fer í umferð
Invest
Fjárfesta
Retails banking
Fjárfestabanki
Investment value
Fjárfestingargildi
Capital
Fjármagn
Financial crisis
Fjármálakreppa
Financial transactions
Fjármálaviðskipti
Capitalization
Fjármögnun
Financing
Fjármögnun
Conduct
Framkvæma
Transact
Framkvæma
Settle payments
Ganga frá greiðslum
Fiat Currency
Gjaldmiðill studdur af ríkinu
Low-fee payment system
Greiðslukerfi með lágt gjald
Profit
Hagnaður, gróði
Equity investment
Hlutabréfafjárfesting
Stock offerings
Hlutafjárútboð
Corporations
Hlutafélög
Ledger system
Höfuðbók
Mortgages
Húsnæðislán
Inherent risks
Innbyggð áhætta
Banking credit crisis
Læansfjármálakreppa
Declining rate
Lækkandi hlutfall
Market share
Markaðshlutadeild
Centralized government
Miðstýrð stjórnarvöld
E-banking
Netbanki
Miners
Námugröftarmenn
Innovations
Nýjung
Monetary system
Peningakerfi
Political Commentary
Pólítísk umsögn
Cryptocurrency
Rafmint
Electronic cash system
Rafrænt peningakerfi
Balances
Reikningar
Computationally
Reikningslega séð
Excess cash
Reiðufé
Governments
Ríkistjórnir
Amassing
Safna saman
Credit unions
Sameignar banki
Central bank
Seðlabanki
Federal Reserve
Seðlabankinn
Protocol
Siðreglur
tax evasion
Skattsvik
Liability
Skuld
Leverage
Skuldsetja
Savings accounts
Sparnaðarreikningur
Digital currency
Stafrænn gjaldmiðill
Operations occur
Starfsemi sem á sér stað
Local market
Staðbundinn markaður
Instant Payments
Staðgreiðsla
Regional banks
Svæðisbanki
Personalized Service
Sérsniðin þjónusta
The summary - Bitcoin
This article is about Bitcoin. It starts by explaining that it is a digital currency of limited quantity that has to be mined using many computers. Already most of it is already in circulation, but there are still over two million yet to be mined. It also says that there is something called "blockchain" that registers the transactions of Bitcoin's users and that is open for everyone to see. The article carefully explains the mining process, which is very complex. It also gives a historical overview, which starts in 2008 with someone called Satoshi Nakamoto, who may be one person, or the name given to a group of people. According to the article Bitcoin is being used as payment online and they say it is easy for companies to use. Furthermore, the article discusses investments in Bitcoin and what risks are involved. There is the danger that the digital units could become worthless if people lose faith in it and also, when all transactions are online there will always be hackers who may get into someone's computer and may be able to transfer the stolen Bitcoin to another account. Although I have read these eight pages five time, I still find Bitcoin very difficult to understand, but if it the future, then I will probably have to read this many more times.
Commodity
Verslunarvara
Mortgage-backed securities
Verðbréf með tryggingum í húseignum
Inflationary, Hyperinflationary
Verðbólha, ofurverðbólga
Price manipulation
Verðlagning
Inherent rate
Vextir
Interest rate
Vextir
Processing Units
Vinnslueiningar
Commercial banks
Viðskiptabanki
Business Loans
Viðskiptalán
Transactions
Viðskipti
Certificate
Vottorð
speculative investors
Áhættufjárfestar
Checking accounts
Ávísunarreikningur
Branches
Útibú
Expansion
Útþennsla, þennsla