Quote from: threeip on June 08, 2013, 10:02:20 PM

Quote from: Stampbit on June 08, 2013, 09:44:59 PM

According to FINCEN.

Not if every person registers as a MSB?
Coming soon, MSB forms stapled to birth certificates Wink

It's probably true that trading in any sort of unregistered or un-tracked financial instrument is or will soon be illegal in most jurisdictions. That's why any type of decentralized exchange, to be successful in the long run, must be anonymous/pseudonymous. On the positive side, all of the restrictions governments are imposing on fiat currencies are making them less and less like real money every day. That can only bode well for the value of cryptocurrencies, and we may soon be much less interested in exchanging them with fiat.