Perhaps The Copyright Industry Deserves Some Credit
torrentfreak.com
torrentfreak.com
If by "in the blink of an eye" they mean "over the course of about a decade, gradually, and with hanging-on remnants even today"....
Also, you can probably blame the slow adoption of PNG on Internet Explorer, which dictated what became a standard on the web and what not.
Quick review in case you missed where BitCoins went: dollars will always have intrinsic value because the US Government demands payment in dollars. Tax payments are only accepted as an electronic transfer - from the institutions SOPA controls.
So SOPA is bad news because:
1. You can't escape the bank-controlled economy, so you will always need US dollars or whichever currency is accepted in your country.
2. You can't prevent large organizations (those with hefty legal departments) from issuing at-will takedowns on competitors.
3. Takedowns won't be just for The Pirate Bay. Good luck winning your court case.
I simply believe this is the only chance to retain freedom of speech. SOPA must be defeated.
Copyright holders with lots of resources can issue as many bogus DMCA notices as they like, safe in the knowledge that they can fight out or settle the (unlikely) lawsuit if it comes. Most people issuing fake takedown requests would expose themselves to a lot more risk.
EDIT: However it has been shown that some of the content companies have been less than diligent in their issuing of takedown notices. This could easily backfire on them..
The article didn't really say, all it said was "The copyright industry gains the right to “notify” payment processors such as Visa that a company looks bad"
How litigation only spurred on P2P file sharing: http://www.itnews.com.au/News/279763,how-litigation-only-spu...
Discussion: http://news.ycombinator.org/item?id=3227844
In summary, as the penalties for filesharing increased, filesharing was pushed further into the underground, and filesharers adopted protocols like Bittorrent that are more difficult to kill with a court order than Napster was.
I wouldn't call BitTorrent "underground" or "difficult to kill" at all. For that, you'd probably want something like Freenet or GNUnet.