Wouldn't it just be easier to find some small country's government to sanction it as legal tender of that country?

I was actually wondering the other day whether Apple does any kind of arbitrage behind the scenes of their international app store sales. Seems like they could be making a lot of extra money that way.

Maybe there's an opportunity for a startup here?

How should that arbitrage work? (As far as I know exploiting arbitrage on foreign exchange markets tends to need insane amounts of money.)

Care to elaborate? Given how addicted the Gov is to printing cash, and the immorality of our Fed/Treasury/Gov cabal, I would love to see a big challenge go to the supreme court.

The Fed/Treasury/Gov triumvirate is getting mortaller every time it has to monetize treasury bonds.