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The scary thing of these kinds of witch hunts is that law enforcement is listening / reading / conducting hunts of their own. And they will be prone to the same mistakes as these readers.

That brings the frontrunners of Bitcoin in a predicament.

On the one hand they are often libertarians and very happy with the succes of Bitcoin. On the other hand, getting in early gives them some windfall gains, and law enforcement will go after them, since many of the real criminals using Bitcoin will remain elusive to them.

A little tidbit that will hit any of them sooner or later: did they properly file their taxes on the Bitcoins they mined? Trammell just admitted holding 800K$ worth of Bitcoins. Where did they come from? (Mining, I know, but those lawsuits will get hairy, because lack of knowledge.)




> Trammell just admitted holding 800K$ worth of Bitcoins.

Well, no. He admitted to holding an amount of Bitcoins that would now be worth 800k. At the time he transferred them they were worth a 20th of that amount.




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