Techshare, I completely agree with your response, that any rival currency at some point becomes a target for regulation. The heat will focus on Bitcoin however, as there is no need to flex the government muscle twice when the end goal is destruction or hampering of Bitcoin.
Even if casacius coin is physical coin that is literally in conflict with the law, it will be a waste of government money to ban it as it's value in bitcoin is intact.
it's like designer drugs where the chemists change a few bonds to make a new drug that isn't yet outlawed. If Casacius coins were outlawed, a casacius note or figurine could be traded legally the following day.
FYI, I came up with the idea for Shire Silver because of the raid on the Liberty Dollar. I was trying to figure out a way to decentralize bullion production but couldn't get traditional bullion minting to be cost effective for small production runs, which led to the card model which can be cost effective. Its also much easier to use than traditional bullion. So the govt/fed shot themselves in the foot - again.
I am a big proponent of multiple avenues of attack - that way the enemy can't allocate defensive resources efficiently and they will lose because at least one of the avenues of attack will succeed. Bitcoin just seems to be the one most likely to succeed right now, which means they'll probably target it instead of Shire Silver.
And if they focus on trying to stop bitcoins, then my
Shire Silver model will escape notice until its too late.
