I just don't get it.... why people are getting into legal trouble with Bitcoin. How can they say you need a Money transmitter license for Bitcoin? What is the difference between Bitcoin and Swagbucks or XBox points? To me it's just a digital product with no need for Government regulation at all.
Fiat in, fiat out. There is your simple answer..
Buy unusual hat (TF2) with USD, sell unusual hat.
Everything can be defined as "Fiat in, fiat out" as soon as it have a value.