Figured I would help out those too lazy to click the link ;)

Yeah, the IRS trying to get access to every account was a BIG reach for sure. If the courts allowed that to happen they would have opened up a huge mess for every single exchange, crypto or fiat, in the US.

Personally I think this could be a big move in furthering the legitimacy of Crypto in the eyes of everyday people. At some point regulation is going to catch up and I think it is going to give a lot of people that are wary of crypto a better feeling that this is a legitimate asset class.