> more competitive because of government regulation That's the same as "not legal". But I agree that it's still a useful technology, because the moral argumen

> more competitive because of government regulation That's the same as "not legal". But I agree that it's still a useful technology, because the moral argument sometimes trumps the legal one. If a north korean defector uses Bitcoin to exfiltrate their life savings, I don't think anybody will complain how it was technically illegal under North Korea's law.