Not only do I understand it, that was my point which you missed: from the perspective of the people in the regulatory system, that’s a feature — putting Iran on the blacklist and go after everyone who works with them is a feature, not a bug, and Bitcoin makes that so much easier than the traditional banking system that it’ll have a stronger deterrent effect because it not makes it easier to block now but also provides full retroactive punishment for anyone identified later. Normally you’d only catch people with what they had recently done, not a full immutable ledger of every transaction they ever made.

I suspect this is also why there’s no concerted campaign against it: Bitcoin just hasn’t been a barrier to prosecution.