I chose to focus on his last point: "CoinCard will be easier to bring back, minus PayPal payments. ... A possible PayPal freeze was one reason I focused on "

I chose to focus on his last point: "CoinCard will be easier to bring back, minus PayPal payments. ... A possible PayPal freeze was one reason I focused on "gift cards" rather than PayPal exclusively. This whole situation has reminded me once again why distributed, resilient systems like Bitcoin and OTC are so important." Paypal frustration led Michael to Bitcoin, and his service ended up dependent on it. That was probably not his original intention. This makes MtGox's integration of (ACH) Dwolla even more important to BTC's liquidity. MtGox is receiving record traffic right now, nearly on the order of a DOS attack.