BITCOIN NOW OFFICIALLY A COMMODITY!

Started by BunkerChainLabs-DataSecurityNode, September 18, 2015, 08:09:05 PM

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BunkerChainLabs-DataSecurityNode

Quote from: cube on September 20, 2015, 01:25:10 AM
I wonder if this ruling has any impact on bitshares gateways' operators, especially those dealing with btc exchanges.

I think it will affect BTC trades in some way.. but I don't think this new direction can be applied to bitshares.. not yet. Bitshares is a whole other animal.

The one thing great about this is that people are starting to understand the difference between bitcoin and blockchain.
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cube

I wonder if this ruling has any impact on bitshares gateways' operators, especially those dealing with btc exchanges.
ID: bitcube
bitcube is a dedicated witness and committe member. Please vote for bitcube.

giant middle finger

It just got much harder to run a crypto company.

Unless you're distri-buted and auto-matic and of course, public.  I'd say we're 3 for 3.

BunkerChainLabs-DataSecurityNode

#1
This just in.. the regulation hammer just dropped on Bitcoin!! The Commodity Futures Trading Commission (CFTC) officially has categorized it a commodity which makes it subject to all laws surrounding commodity trades:

http://www.bloomberg.com/news/articles/2015-09-17/bitcoin-is-officially-a-commodity-according-to-u-s-regulator

Coinflip got pinched with many more in their cross-hairs now.

Centralized exchanges would be smart to follow OpenLedger and BunkerDEX onto the BitShares DEX :)

Anybody else still want to keep their balances in centralized exchanges?

What do you think this means to BitShares if anything?
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