Just had a quick browse of the Bank of England report.
http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q3digitalcurrenciesbitcoin1.pdf
Top of the report states of Bitcoin:
"the distributed ledger underlying their payment systems is a significant innovation."
The trickle is turning into a flow. PayPay, IBM etc.
It is almost impossible to deny that the future of payments lies in using a decentralised ledger ala the bitcoin protocol.
Even Apple's introduction of NFC is positive as it normalises the use of mobile devices as payment systems.
Even though the price does not reflect it, bitcoin has made massive progress in 2014.
