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Title: 2013-05-07 Business Standard: US regulator mulls setting rules for digital... Post by: ColdHardMetal on May 07, 2013, 09:53:23 AM http://www.business-standard.com/article/international/us-regulator-mulls-setting-rules-for-digital-currency-bitcoin-113050700080_1.html
"If you're buying Bitcoin and you are hoping that their value increases ... and you could purchase something with them in a day or a week or a month or a year, that is clearly a derivative of the actual Bitcoin," Chilton said. How does that even make sense? Title: Re: 2013-05-07 Business Standard: US regulator mulls setting rules for digital... Post by: xcsler on May 07, 2013, 11:47:51 AM http://www.business-standard.com/article/international/us-regulator-mulls-setting-rules-for-digital-currency-bitcoin-113050700080_1.html "If you're buying Bitcoin and you are hoping that their value increases ... and you could purchase something with them in a day or a week or a month or a year, that is clearly a derivative of the actual Bitcoin," Chilton said. How does that even make sense? Because when you're a hammer everything looks like a nail. It is possible that the governments are waking up to the long term ramifications of cryptocurrencies and shitting in their pants. Title: Re: 2013-05-07 Business Standard: US regulator mulls setting rules for digital... Post by: marcus_of_augustus on May 07, 2013, 11:54:11 AM http://www.business-standard.com/article/international/us-regulator-mulls-setting-rules-for-digital-currency-bitcoin-113050700080_1.html "If you're buying Bitcoin and you are hoping that their value increases ... and you could purchase something with them in a day or a week or a month or a year, that is clearly a derivative of the actual Bitcoin," Chilton said. How does that even make sense? He doesn't have to. CFTC has presided over a period of arguably the most corrupt and dysfunctional commodity markets operations in history ... valuing in the hundreds of billions to trillions. And missed massive manipulation, fraud and essentially govt. sanction criminality (MF Global & Jon Corzine affair). Along comes bitcoin, market cap $1 billion ... "We're all over this massa!" ... you couldn't make this stuff up. Title: Re: 2013-05-07 Business Standard: US regulator mulls setting rules for digital... Post by: Gabi on May 07, 2013, 01:34:54 PM Ahahahah they are trying everything to attack bitcoin
Let me understand, since bitcoin is digital gold then: "If you're buying Gold and you are hoping that their value increases ... and you could purchase something with them in a day or a week or a month or a year, that is clearly a derivative of the actual Gold" Mmh... so now gold is a derivative contract? ::) Yeah sure and oh look, an alien starship ::) Title: Re: 2013-05-07 Business Standard: US regulator mulls setting rules for digital... Post by: Bitcoinfly on May 07, 2013, 03:16:04 PM Ahahahah they are trying everything to attack bitcoin Let me understand, since bitcoin is digital gold then: "If you're buying Gold and you are hoping that their value increases ... and you could purchase something with them in a day or a week or a month or a year, that is clearly a derivative of the actual Gold" Mmh... so now gold is a derivative contract? ::) Yeah sure and oh look, an alien starship ::) Yes, physical gold bar is a derivative of a futures contract:) Buaaahhhhaaaaa :D Title: Re: 2013-05-07 Business Standard: US regulator mulls setting rules for digital... Post by: DataPlumber on May 07, 2013, 03:39:50 PM I suppose it could be argued that anyone holding Bitcoin is shorting fiat :)
Title: Re: 2013-05-07 Business Standard: US regulator mulls setting rules for digital... Post by: cypherdoc on May 07, 2013, 06:04:24 PM Chilton is an idiot.
Title: Re: 2013-05-07 Business Standard: US regulator mulls setting rules for digital... Post by: BitSmile on May 07, 2013, 08:58:24 PM Death to anyone who fights freedom. Long live the freedom fighters.
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