[Errant]

I agree a showdown is coming and not with just Bitcoin. Like I said, IMO, it is a canary in the coal mine. Other areas will be health insurance, guns, economy, EPA, and etc.

Will they ban it or regulate it to death?

They are going to try one or the other. Time is against them plus the cat's out of the bag now and it's a very agile cat.

It is amazing to me that Bitcoin with a total current value of only about 10B gets the attention that it does or seems to frighten the TPTB the way it does.

I'm disappointed in the reaction of both China and Russia to Btc. Obviously their economy and currency isn't as stable as some of us had believed.

[mmichaels1970]

They are going to try one or the other. Time is against them plus the cat's out of the bag now and it's a very agile cat.

And, imo, they will succeed at neither. They took on and eventually destroyed Napster, but a person's ability to find and download free music, movies, and files via P2P remain to this very day.

"The more they tighten their grip, the more star systems will slip through their fingers."