Shenanigans like this will only hasten the onset of a bitcoin economy.
It's harder to obtain currency in some of the sketchier webwallets (things like PerfectMoney, WebMoney, etc) and they've been largely replaced with Bitcoin.
Likely because with Bitcoin you don't have to risk a government raid or an allout scam because the payment provider is sketchy (look into Liberty Reserve and Fethard Finance which used to be popular for this purpose).
"Yeah, and his shenanigans are cruel and tragic."
"Which... makes them not really shenanigans at all."