If we're going to be calling ourselves "revolutionaries" then we better understand who is our enemy. I would like to see this community create a list of our vulnerabilities going forward.
For instance, the 51% attack has been discussed quite a bit. What could the unlimited resources of central bankers do to us in this regard now with ASICS?
At some point, bitcoin will be demonstrated (by USgov) to be a terrist tool and the full force of the monster will be unleased upon it.
Governments could attack our exchanges by hacking them or by banning them outright.
Laws could be passed forbidding businesses from accepting bitcoin, thus driving it underground.
Sophisticated analysis of the blockchain by USgov (in concert with every other surveillance technique) will foil the attempts of most people to be anonymous.
The moment USgov declares bitcoin illegal a huge swath of 'revolutionaries' on these boards will sell into a plummeting price and disappear.
I sort of counted on the USgov to save Bitcoin as a user-operated P2P system (the feature which appealed to me most) by trying to ban it because it should limit load to a sustainable level. I doubt that it would do much to the value of Bitcoin and might even add to an explosion like it does when other things are banned (like drugs for instance.) It's not like the people driving the BTC price up
at this time are doing so to make Skittles purchases.
It is actually not an uncommon way to damage and ultimately destroy something by stimulating undesirable growth, or disproportionate growth in certain tissues of the organism to be destroyed. I believe that some herbicides work this way. It is also not uncommon for a disease to work this way (e.g., cancer.)
