If he fails on this the internet as you know it is dead. This is the freedom fight of our lives and hardly anyone understands why.
Wait, so are you saying that if he does not get his way that the internet as we know it will die and our freedoms will be gone? You think that having the government regulate (control) the internet is going to save us? Kinda like how the Chinese, Iranian and North Korean governments are ensuring a protected internet for its citizens by controlling their access? All this will do is open the door for the government to be able to collect private data on citizens without having to get a search warrant first. Of course Obama is talking this up like he is doing us all a favor and that it's a good thing. And all the blind sheep are eating this deception up like Halloween candy.
Obama: "All of your internets are belong to us!"
It's not the gov controlling the internet, it's keeping business from controlling it.
It would mean the loss of net neutrality. What you see on the internet could be whatever your ISP decides. Let's say your ISP is Charter.com. They have a service called charter on demand. Well, they won't want you watching free videos or using some other service so they could throttle back your bandwith except for their movie service. They could also make it very hard to visit a site that does not make them money. Search for how to fix your car and you are directed to a car dealership that has paid charter to get you.
Loss of net neutrality is probably the greatest threat to bitcoin as well. It really would be possible and maybe even profitable to block access to bitcoin. The days of going where you want on the net would be over you will see what is most profitable for your ISP. And the dark web? Why would your ISP let you see that? In fact if your ISP was religiously oriented why would they allow you to see anything that is not Godly? It is really up to them not you.