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Originally Posted by $5 submissions
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At the end of the day there always needs to be a way for people to turn bitcoins into fiat currency. All the governments need to do is attack the exchanges. This reminds me of "black friday" in the poker world. The government started with the payment processors then moved to the sites themselves.
The government will probably never be able to eliminate the exchange but how confident will merchants and bitcoin hoarders be if the exchanges start dropping like flies. It reminds me of how poker players felt when they put money on sites and were not 100 percent they could cash out. Sure enough, eventually they couldn't.
What is amazing about these idiots is that they continue to stay in the USA AFTER they see others get busted for doing similar things.