2013-05-30 CNET News.com: Feds don't plan to take down Bitcoin

[n8rwJeTt8TrrLKPa55eU]

After a massive raid on Liberty Reserve, the head of the U.S. Department of Treasury's law enforcement branch says the government doesn't intend to go after all digital currencies.

http://news.cnet.com/8301-1023_3-57586978-93/feds-dont-plan-to-take-down-bitcoin-or-other-currencies/

[bb999]

Also from a technical standpoint Bitcoin is a completely different animal from Liberty Reserve and the last thing the feds would want to do is announce they were going after Bitcoin only to look stupid when the distributed nature of it made that a lot more difficult than they think.

[BTCLuke]

I'm not worried about FINCEN at all; at least not in the year 2013.

Our more immediate threat is more hidden than that... The central bankers themselves, like Bernanke and his EU equivalent, who cannot be happy with what they are witnessing here.

The only question is how threatened they feel by BTC; and obviously to date the answer is "not much."

But if & when they strike, it's not going to be by asking FINCEN to do their dirty work... They don't want any such paper trail.

Now if they haven't attacked by the time BTC is 1% of the global economy, then FINCEN or more likely the Secret Service, IRS, or even the DHS could get involved... All it will take is a big terrorist bust where they found evidence of the terrorists being funded by bitcoin... Or perhaps massive tax loss blamed on bitcoiners avoiding taxes. Either way, both could be fabricated evidence, and we'll see some example sentences handed out to individual criminals first before we piss them off enough to take action.