“If Chinese regulators successfully prevent Chinese users from accessing bitcoin, the global bitcoin market will face continued price declines, significantly decreased trading volumes and threats to its legitimacy.”
These people have no clue, all that will happen is people will switch to stuff like the Dark Wallet and Bitcoin will be driven underground and become a black market in China, people will trade Bitcoins for cash in person rather than on the internet to avoid sting operations, the U.S government is delusional.