I'm not making an anti-government, much less an ideological anti-regulation argument. Regulation could potentially benefit crypto-currency. If Bitcoin succeeds it is almost certain to prompt the creation of regulations, even laws, that pertain, some beneficial, some not.

I'm saying that state actors are a different scale of threat, and that goes un-addressed in the article by a Coinbase founder. If they've got the balls to go up against such threats, they're not saying.

I'd be very pleased if it turns out you can successfully harden a p2p protocol against state actors.

Fair enough. I shouldn't have been snarky.