[tuesdayrain]

I'm curious how anyone believes Bitcoin could be forcibly brought out of existence when governments fail to prevent drugs or other type of crimes. Prohibition just doesn't work. A strictly better competitor might be the only thing that could kill Bitcoin and even then I think that would only reduce its market cap rather than outright kill it.

[vertex-four]

I don't think it'll be forcibly brought out of existence, I think people will simply stop using it as the hype dies down and people realise that it doesn't match up very favourably to alternatives for pretty much any purpose other than engaging in crimes. That is - there's no reason to do your Christmas shopping with Bitcoin, and lots of reasons not to.

The vast majority of activity in the Bitcoin market is pure speculation - very few people are actually buying things with it. Even the majority of people engaging in crimes are doing so with traditional methods of transferring money.