~snip
Well, you're right. But that's assuming that the world governments would all go hand in hand and shut down all the mining farms. If that's likely to happen or not is another topic for another conversation, but remember that we're talking specifically about the US government(as per OP's title).
Shutting down US mining farms and small time miners would definitely affect the hashrate negatively, but it wouldn't be THAT bad.
I was having an account in Liberty Reserve back in the day and i am sure many here knew about that, i started using LR because Paypal froze my account without any notice and i had to wait around an year to get my funds unlocked back in 2006 and i thought it was a legal system as they were having huge number of transactions during those period but US government along with other government took the entire network down and luckily for me i withdrew my funds when there were rumors that investigation is going on with the operation of the site and there was BTCitcoin gaining momentum during that period, so what i meant is if a powerful government wants to take down something they will go to any distance even if they spend millions. Well, you're right. But that's assuming that the world governments would all go hand in hand and shut down all the mining farms. If that's likely to happen or not is another topic for another conversation, but remember that we're talking specifically about the US government(as per OP's title).
Shutting down US mining farms and small time miners would definitely affect the hashrate negatively, but it wouldn't be THAT bad.We have seen the movie industry lobbying the government to take down servers and networks outside US in the past and the amount of money they spend on those were ridiculous but still they went after certain sites in the past even though they were all hosted outside US.
