I was thinking about this, if Bitcoin is treated as property in the USA...
Bitcoin is not treated as property in the US,
because Bitcoin doesn't exist "in the USA". The United States is a landmass. Bitcoin is a
decentralized, global digital curency. Think of it as "Earthcoin".
The IRS ruling is a bad joke. It would be like ancient Rome attempting to levee a tax on the forging of every sword worldwide, because they believe they are the "masters of the sword" or some shit.
Licenses, laws, fees - these things are all just as silly and irrelevant to Bitcoin as they would be if governments tried to apply them to torrents. It's basically the same technology.
The important thing to understand about the relationship between any
global cryptocurrency and any
local nation-state government is this:
The technology has ALL the power, the government has NONE. Think about the inevitable way this will play out, long-term.
Governments will bend over and take Bitcoin right in the ass. They'll be
begging for it when (notice I didn't say IF) their clownish fiat-scrip plunges into the darkest depths of worthlessness.
That fact, ladies and gentlemen, is why every holder of 1+ BTC is already very, very rich. The world just hasn't figured it out yet. Be patient and