It is bad news for all. A commodity is not treated as currency in terms of taxes and easiness of trading, thus if this is confirmed we will be exposed to a higher taxation level.
I see your point, for sure, but do you not also agree that the very classification of bitcoin as anything other than a "fad" will serve all of us better in the long run?
Well, that's what I was writing about. Once bitcoin is perceived as something legal, it is already a great step in the real world for him. Right before all the major financial players wrote that this is a bubble, what is a pyramid, this method of fraud. Moreover, bitcoin was used to pay for goods and services that are usually prohibited by law. Therefore, it could simply be banned, say that it is an illegal product or tool for payment for goods.