Anyone care to explain here just how a government can attempt to outlaw bitcoin?
Something like:
1) all transactions must be denominated in and carried out using our legal tender
2) anyone doing fx or any international trade must be licensed, and per the terms of the license only approved units of trade may be used.
Total FAIL.
Currently, it's legal to create your own alternative currency. There are 100's already throughout the US. If it was possible to outlaw them, the government would have already.
Forex is not bitcoin, again, it relates specifically to "financial instruments" and "financial transactions" which bitcoin are neither, in fact, or legally considered. And they cannot ever be considered legally "financial instruments" or "financial transactions".