Article: http://www.cryptocoinsnews.com/news/st-louis-fed-enforcing-outright-bitcoin-ban-close-impossible/2014/04/01Direct link to David Andolfatto report:
http://www.stlouisfed.org/dialogue-with-the-fed/assets/Bitcoin-3-31-14.pdfPublished March 31, 2014.
Probably the most important aspect of this technology revolution is the threat of entry into the money and payments system.
- Will force traditional institutions to adapt or die.