"Citizen bitchez" please get a room somewhere else, this started as a good thread!Those who disobey the upcoming Executive Order or new law will learn what truly backs a Federal Reserve Note, that is, the force of its military and growing internal police state.
What is the solution to prevent the United States government from implementing such an action against crypto-currency?
This is a bit overstated - USG won't need to break out guns to contain Bitcoin.
The various organizations who should theoretically want to regulate and/or quash Bitcoin are already overtly engaged in manuevers:
* FinCEN: announced GLOBAL guidelines (completely overstepping their jurisdiction)
* The Fed: policy paper is circulating from the ECB, likely there are a hundred more we don't know about
* CIA: Gavin gave a talk there, and likely is wiretapped and backdoored to hell and back
* Wall Street corporate entities: already heavily involved in BTC arbitrage, price fixing, trading bots, other destabilizing tricks
(BTW, I think it's fair to include Wall Street corporations in this list, given their complete "regulatory capture" of the USG. )
This leads me to be strongly of the opinion that a durable distributed crypto-currency should do everything in it's power to retain a position of strength. This means to actively develop around attack vectors which are not currently presented. A sub-set of this is to remain jealously 'peer2peer' and to actively foster similar, and even 'competing' systems such that it would be less likely to successfully attack at one point.
Good points - I suspect we can look at the Bittorrent wars as a model for attempts to shut down the Bitcoin P2P network:
Measure / Countermeasure:
* Malicious nodes / Node blacklisting
* Port blocking / Port randomization
* Insane litigation / Grandma arrest fallout
* User busts / More VPN users
* ISP traffic throttling / Protocol encryption
* FUD, "terrists" / Geeky pro-BTC media campaigns
Right now it would appear that core devs are not committed to securing the network against a governmental attack, although they've dealt with various hack and double spend attacks quite efficiently. Placing their eggs in the "friendly regulation" basket allows them to be blissfully ignorant of the extortive and coercive elements of the USG. Also, geeks tend to focus more on technical vulnerabilities and less on bureaucratic/legal attacks.
I'm guessing some geeks at Palantir (or some such company we've never heard of) are currently engaged in wargames scenarios to take down the bitcoin network. Anybody working there care to leak a Powerpoint?