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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > 2014-09-12 - Reuters - Bitcoin gets boost as U.S. watchdog approves first swap
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Author Topic: 2014-09-12 - Reuters - Bitcoin gets boost as U.S. watchdog approves first swap  (Read 1175 times)
mercistheman (OP)
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September 16, 2014, 03:39:40 AM
 #1
http://uk.reuters.com/article/2014/09/12/us-usa-bitcoin-cftc-idUKKBN0H71FU20140912

TeraExchange on Friday launched a swap based on the bitcoin virtual currency, becoming the first to receive approval from a U.S. federal regulator for a financial product based on the budding technology.
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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LiteCoinGuy
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September 16, 2014, 09:50:47 AM
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old news  Embarrassed
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September 16, 2014, 10:05:09 AM
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swaps are too specialized to be widely accepted.
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September 16, 2014, 01:47:12 PM
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.... U.S. watchdog "approves"...?

well, ain't we lucky...... Roll Eyes
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September 17, 2014, 12:16:53 AM
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Quote from: cathoderay on September 16, 2014, 01:47:12 PM
.... U.S. watchdog "approves"...?

well, ain't we lucky...... Roll Eyes

Same exact watchdog that said buying a house in 2007 was the most solid investment the average American would ever make in their lifetime. I think we all know how to interpret their "approval".
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