Both Saddam and Khadaffi had plans to sell oil in new guld coin currencies. USA stopped it by wars.
US Federal judge rules Bitcoin is a currency, can be regulated. http://rt.com/news/line/2013-08-08/#50088 A US federal judge has ruled that Bitcoin, the decentralized digital currency, is a legally recognized tender. The determination was made as part of a case currently in court against a Texas man who stands accused of a massive Ponzi scheme involving a Bitcoin-based hedge fund. It is the first known case of such a scheme involving the digital currency. The Bitcoin Savings and Trust was shut down in August 2012 but not before it raised $4.5 million in investments, based on the average price of Bitcoins in 2011 and 2012. The US Securities and Exchange Commission subsequently formally charged its founder, Trendon Shavers, with fraud. The judge disagreed with contentions by Shavers that funds associated with his website shouldn’t be considered securities because Bitcoin isn’t considered “money.” The judge wrote on Monday that “it is clear that Bitcoin can be used as money.” He further noted that the virtual currency can be used to buy goods and services, as well as be exchanged for traditional currencies.