> Yup, multiple credit cards have been able to survive over the long term.
Yes. And multiple credit cards have also died out and been pushed out of the market.
...checks UID of jedediah...
OK gramps, just because your JCB card isn't universally accepted, and Golden Corral no longer takes your Diner's Card is no reason to get worked up over newfangled payment systems...
You can blame other parts of the federal government somewhat, but blaming Congress for bad laws is always precisely the right thing to do.
The President is involved as well, since he can veto the bill to prevent it from becoming law. Sure, Congress can cook up some bad bills - but the President is the final gate keeper before that bill becomes a law. School house rock and all..
Umm, the federal government has already seized someone's bitcoins, they could do the same to yours if they so chose.
Notice how they only seized the unsecured portion of Ross Ulbricht's supposed vendors bitcoin's sitting on the servers escrow account and not the majority sitting in cold storage which they cannot sell or get access to.
Can Ross Ulbricht access those bitcoins? If not - they're as good as gone to him. Except he cannot use them to pay off his debts. So he's still in the same tax hot water, but without the asset NOR the means to bail himself out of hot water.
The difference between reality and unreality is that reality has so little to recommend it. -- Allan Sherman