St. Louis Fed: Enforcing Outright Bitcoin Ban Close to Impossible [not a prank]

[hypostatization]

Article: http://www.cryptocoinsnews.com/news/st-louis-fed-enforcing-outright-bitcoin-ban-close-impossible/2014/04/01

Direct link to David Andolfatto report: http://www.stlouisfed.org/dialogue-with-the-fed/assets/Bitcoin-3-31-14.pdf

Published 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.