I think it's safe to say the arrival of cryptocurrency has been well and truly announced. The ringing of the announcer's bell is reverberating around the world and as a consequence the odds are a lot higher than they were a month ago that those who are in most desperate need of what Bitcoin offers in terms of protection against tyrannical manipulative regimes will have heard of it by now.
This is one of the reasons I am not too concerned about the feedback loop that seems to be going on with the continued boom resulting in more news coverage resulting in more interest resulting in the continued boom! Even if it does result (whether tomorrow, in a week, a month or even in a year's time) in a pretty substantial fall in price relative to fiat I would consider that a price worth paying for the news saturation we have seen in the last week or two. The likelihood is most people know somebody who knows somebody who has heard of Bitcoin and that may just be enough for it to emerge as a substantive tool in protecting those for whom access to it would make the biggest difference in their lives.
The other advantage of it having happened so fast - especially if it continues on this trajectory for a month or two longer - is that governments simply don't act that fast other than when it comes to war. No government will want to be seen to be the first to take draconian measures - which could as many point out also backfire - which means they need even more time to prepare if they've got to negotiate with other world powers to make a concerted effort to 'do something'!
My guess is by the time they got around to that it will be too late in that there will be too many examples available to show how Bitcoin is playing a critical role in improving the lives of the most oppressed. Remember also the US government not only gave up on trying to control cryptographic protocols but also released Tor into the wild knowing it would be used for nefarious purposes but accepting that as the cost of the technology being available to those fighting tyrannical regimes.
I think in many more ways then one things are looking up
