hmm, well, he's right. i've been saying this for a long time. once the US government views bitcoin as a threat, they will ban it. of course, they can't shut down a decentralized network, but they will prohibit banks from processing bitcoin transactions, much like banks are prohibited from dealing with online poker tramsactions. it will be black friday again and likely unexpected when it happens. that's what they do. hopefully we have a couple years left at least until it happens.
I think one of the major points at the NY Finance Department hearings was that the USA cannot afford to stifle innovation. This is a major point of innovation in many sectors. furthermore, the FBI is about to auction BTC to legitimate investors. would it be wise to incriminate them? Besides, the USA could only delay the ultimate outcome of a decentralised network.
