I don't think too many people could've envisioned the good the Internet could do in the future, when it was launched. And it's also so much easier to think about the bad ways in which it could be used. Heck, I think the Internet today is still mostly about porn. Does that mean we should ban it because it's only 30-40 percent "useful"?
Look at Popcorn Time and torrenting. Netflix, Amazon, Google, Apple, could all use the same technology to drastically reduce their bandwidth with only a few servers to seed all shows at all time. But there's so much stigma about it from the beginning. Torrenting for legal stuff could be huge. But it's not because people like you yelled from the beginning about how it's a "piracy tool".
So let's try and not repeat the same mistakes with new innovations such as Bitcoin. which was also in the news mostly for drug trafficking in the early days, but fortunately Bitcoin users managed to successful promote and overcome that with the "good uses", and by yelling at sites for continuing to talk about Bitcoin as a "drug tool".
Same goes for OpenBazaar, Ethereum, Storj, Firechat and other innovations that may start gaining adoption.
It's also really unfortunate that the Facebook era + massive US government propaganda against Tor, is also making Tor and anonymity seem like a "bad thing" these days, even though most people on the Internet were "anonymous" in the early days. And guess what - the world didn't collapse!
This is patently false. Counter-examples include A) non-addictive, very safe drugs are also illegal B) NYC tried to outlaw large sodas C) unpasteurized milk is illegal.
I think you need to re-evaluate what you classify as incorrect.
More people are killed by the police than terrorism in the United States.
http://www.alternet.org/more-americans-killed-police-terrori...
Which goes back to my original point. Linking terrorism to OpenBazaar is a far stretch and is rooted in fear, not data.
While I think linking terrorism is a stretch, there are benefits to regulating the sale of things designed specifically to cause death, automatic firearms, high capacity magazines, warheads...
e.g. Portugal: - Drug use among adolescents (13-15 yrs) and "problematic" users declined.[15] - Drug-related criminal justice workloads decreased.[15] - Decreased street value of most illicit drugs, some significantly
(although recreational (soft) drug use seemed to increase)
You will have to try pretty hard to spin that into being the same thing as drug prohibition.
Arguments are, of course, less strong for convicting 16/17-year-olds of child porn for sexting, and even for removing images that were produced long ago.