They combine the irreversibility of cash transactions with the convenience of electronic transactions.

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At the same time, it ensures the proper verification, irreversibility and transparency of the entire process of reducing strategic offensive arms.

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The Zanu-PF campaign highlighted the irreversibility of the land reform programme, which saw some 4, 500 farms seized from mainly white commercial farmers.

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By removing friction from the process, bitcoin becomes easier to spend overall because not every merchant will accept bitcoin directly for payment yet and not all transactions demand irreversibility and privacy.

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The Zanu-PF campaign has highlighted the irreversibility of the land reform programme, which saw some 4, 500 farms seized from mainly white commercial farmers, and other moves intended to give more economic power to black Zimbabweans.

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Given the high irreversibility of CCS investments, the high degree of uncertainty (technical, commercial, political, regulatory) and the operational flexibility to defer the investment, firms tend to be reluctant in making any investments in energy solutions.

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It also facilitates the many other currency features that are so important to users, but not to governments, such as unrestricted person-to-person payments, user-defined anonymity and untraceability, near-immediate bearer settlement, transaction irreversibility, reliable store of value, multi-grid capable, and decentralized processing.

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