Despite claims of revolutionary technology and growing acceptance, as bitcoin price collapses it becomes increasingly clear that the only novel use for bitcoin is for child molesters and sex offenders.

http://www.bloomberg.com/news/2014-10-09/bitcoin-payments-by-pedophiles-frustrate-child-porn-fight.html

“The emergence of bitcoins as payment for child sexual abuse represents the newest challenge in the fight” against child pornography, said Sarah Smith, a researcher at the IWF. “This is just the beginning.”

The currency provides “commercial child sexual abuse website operators with a method to revitalize their payment stream,” said John Shehan, executive director of the U.S. National Center for Missing and Exploited Children in Alexandria, Virginia.

So congratulations bitcoiners, at best you are strengthening a system widely used to sexually victimize children, and at worst you are actively aiding and abetting sex offenders. Please be advised bitcoiners, "Ayn Rand and Satoshi told me it was okay" is not a legal defense in court. Cheers!