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It's finally happened. Bitcoin has always been (rightly) perceived as a threat to the establishment since it became popular. The banks and governments of the world cannot control (or "regulate", to put it euphemistically) a decentralised currency. Loss of control is loss of power, and this is something they fear above all else. The US government is shutting down Bitcoin to protect its own narrow, selfish interest. It has nothing to do with protecting the interests of the people. I've never trusted the US government (I mistrust all governments on general principle, but the US government has given me a lot more reason to mistrust it), so this takedown by the DHS was a foregone conclusion to my mind. Bitcoin, apart from its many legitimate uses, is also used on sites like The Silk Road, which provides access to illegal services. The Feds have probably had a devil of a time trying to shut it down, without success - because of the decentralised nature of the deep web on which The Silk Road resides. They can't shut down the principal currency either: BitCoin is also protected by its decentralisation. However, they can (and now have) gone after the soft target - the point at which BitCoin is exchanged into "common" currency - the US dollar. That's always been the one vulnerability in the whole system. If people stop using "common currency" and switch over entirely to BitCoin or similar decentralised cryptocurrency, the governments of the world would completely lose their stranglehold over time. Don't think of this as anarchy. Think of it as the dawn of responsible government and true democracy. I don't have to quote the line from "V for Vendetta", do I? EDIT: The news is apparently 2 months old, but I just heard about it. I apologise if it's been posted before, if so mods please merge.