There are other regulations which apply to "value transfer" and "stored value". That's why you can't just look at one bit of the regulations in isolation and claim that nothing can be applied to Bitcoin. How you're actually using something often determines what laws apply. Even with USD, which regulations apply depend on how they're being used.
I haven't looked at one bit of regulation in isolation. I was merely responding to the post dealing with currency exchange/broker. Nobody is saying Bitcoin isn't subject to any regulations. As an example selling drugs for Bitcoins is just as illegal as selling them for dollars. Still the thead is about MSB and the post I responded to was on currency exchanges/brokers. BTW I don't think the over provisions apply but I wans't ingoring them, they simply were outside the context of the debate.
It's easy to say "they can't apply regulation X because Bitcoin isn't Y", but it's not your ass which is on the line if you're wrong about that or you who'll have to appear in court and find the funds to challenge any ruling where they do try to apply regulation X.
I said to seek legal counsel. However it is also easy for the OP to say they "... they can apply regulation X because Bitcoin is ... (well no he didn't even do that)" and then provide no supporting evidence in any form and back it up with an utterly implausible story. Trolling is easy.