There is no central bank in Bermuda; instead, the Bermuda Monetary Authority(BMA) is the regulatory authority for banks and trust companies.
在那个时期,美国没有中央银行,纸币由各种私人商业银行发行。
During this era the U.S. had no central bank and paper money was issued by a variety of private banks..
它完全分散,没有中央银行发行,而且不需要信任的第三方来操作。
It is fully decentralized with no central bank and requires no trusted third parties to work.
它完全分散,没有中央银行发行,而且不需要信任的第三方来操作。
It's fully decentralized, with no central bank and requires no trusted third parties to operate.
人们一直认为美国经济即使没有中央银行也是坚不可摧的。
The belief that the U.S. economy was vulnerable without a central bank was not new.
当时美国是唯一没有中央银行的主要经济强国。
At that time Unites States was the only one of the world's major financial powers without a central bank.
和比特币相似,它完全去中心化,没有中央银行的介入,也无需依靠值得信赖的第三方进行操作。
Like bitcoin, it is fully decentralised, with no central bank and it requires no trusted third parties to operate.
在那段时期,美国没有中央银行,纸币的发行通过的是各个私有银行。
During this era the U.S. had no central bank and paper money was issued by a variety of private banks..
这是一个功能完善的货币,没有中央银行,没有中央权力,并且没有商品支持。
Here was a perfectly functional currency that had no central bank, no central authority, and was backed by no commodities.
它完全分散,没有中央银行发行,而且不需要信任的第三方来操作。
It is fully decentralized, with no central bank and requires no trusted third parties to operate.
比特币是一种独立存在的去中心化数字货币,没有中央银行或政府法规的特性使其成为革命性货币。
Bitcoin is a decentralized digital currency that exists independently, without a central bank or government regulations that makes it a revolutionary currency.
这是第一个去中心化的数字货币,因为该系统没有中央银行或单一管理员。
It is the first decentralized digital currency, as the system works without a central bank or single administrator.
在1880-1914年的最初国际金本位制中,加拿大、澳大利亚和美国等国家没有中央银行。
In the initial international gold standard that ran from 1880-1914, nations such as Canada, Australia, and the U.S. didn't have central banks.
不同于美元或欧元等真实世界的货币,比特币没有中央银行,也没有政府在背后支持。
Unlike a real-world currency such as the US dollar or the euro, Bitcoin has no central bank and is not backed by any government.
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