I am running btcbuy.info
, where I exchange BTC for gift cards. Lately people started asking me if I could get them prepaid visa cards or paypal $$$. I am sort of worrying about legal issues coming out of this... My theory is: from legal point, BTC is not money, and gift cards are not money. Exchanging one for another is, therefore, barter. Visa cards or paypal are a lot closer to be considered money, so there might come all sorts of regulations and other crap to follow when dealing with those.
Is there anybody here who knows if a) my theory is correct and b) if there is any way to provide folks with abovementioned goods for BTC without stepping into legal dung?