The United States Dollar, which the company in question accepted and transmitted based on customer instructions, was a currency at the time the forms were filled out.
Is there a person or business that does not exchange US Dollars for goods/services? Any reasonable person would understand it to mean exchanging for foreign currency. Mt.Gox does not transmit dollars (or euros, etc) from one person to another. Every transaction involves a trade of bitcoin for a currency, or returning the currency (of the original type) to the original account holder.
"Does your business
accept funds from customers
and
send the funds based on customers' instructions
(Money Transmitter)?"
Most businesses accept funds from customers, but few outside the financial services industry transmit the funds based on customers' instructions (assuming refunds and gift cards do not count).
yes but you only become a money transmitter when they confirm that bitcoin is money, prior to that it could easily be considered a commodity the same as any other good, thus people were sending $ to buy a commodity. After FinCen changed the playing field they should then have required businesses dealign with BTC to update forms or resubmit, not go crazy shutting things down. but that is how the US govt works, without sense, just blunders in. Much like the DefenceDistributed issue, they come blundering in and make things more difficult for themselves in the long run.
