Comment: They can DO whatever they want

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They can DO whatever they want

That's obvious. But for others with real wealth stored in bitcoin, it will just drive the innovation of the underground market harder.

Take a look at TOR. It will let any communication take place cryptographically secure, even from the NSA snooping. What is to stop Bitcoin transactions (and the communications surrounding that transaction) from just being encrypted away from the sight of the government?

This increased security may not help Bitcoin in the new car sales market, but other non-regulated items can certainly be brought into an underground, black market model. I'm not really thinking they would want to drive 80% of our economy underground. LOL