i don't like the sound of china doing sweeping blocks of btc-related sites. yes we all know they can be got around, but will the average user bother in tightly regulated sphere?
Call me crazy, but I DO like the sound of this. A government actively fighting bitcoin really makes a better story than what we have right now; A lot of hmming and hawinging, generalized statements twisted into endorsements or rebuffs against bitcoin, talks of regulation, legal grey areas, etc. Plus we can't really win without a fight. The fact that it's a very large government who may be the first to engage means garaunteed fireworks. If (when) bitcoin takes off while the battle rages on, the government will clearly be the bad guy, as they blocked their people from prosperity under the guise of ensuring "safety". We know they can't stop it. Why wouldn't you want to see them try?