"People don't seem to understand that it's very easy to kill bitcoin, the same way they killed online gambling in the U.S." No, online gambling was hardly "kil

"People don't seem to understand that it's very easy to kill bitcoin, the same way they killed online gambling in the U.S." No, online gambling was hardly "killed" in the US: the illegal annual market is estimated to be $4-6 billion [1]! Similarly, Bitcoin would not be "killed" by declaring it illegal, it would most likely continue to prosper like online gambling. "This would kill all the legitimate exchanges and essentially prevent legitimate users from using bitcoin" I don't think so. There are many other ways to acquire bitcoins: you can sell goods/services in exchange of coins, you can mine, you can buy them from a friend in cash, etc. [1] http://www.businessweek.com/articles/2013-01-03/bitcoin-making-online-gambling-legal-in-the-u-dot-s-dot http://www.businessweek.com/articles/2013-01-03/bitcoin-maki...