I don't understand why you are obsessed with not calling it a currency. You haven't showed us any of the laws you claim would make a non-backed currency illegal, and bitcoins are being used as a currency, so I don't see any reason to not call it a currency.
So on what grounds will a Senator be able to shut it down?
With legislation maybe like China did a few years ago with "Virtual Currency"? But can you do that to unique digital goods/commodity that has ownership and is transferable in a free market system?
Some might say its untraceable? - Only if you launder it - that's illegal - not if you trade/barter a digital good/commodity?
china currently makes prisoners mine for gold in world of warcraft video game
idgaf what governmets say, unless it has something to do with bringing transparency to central banking and fixing the problems outlined in confessions of an economic hitman.
i grow organic food and am a carpenter, i am currently trading my jazz for btc or your jazz. currency or barter? i'll leave that to the trolls who wana erode my liberties.