“Lots of folks have made positive noises about Bitcoin. Ben Bernanke, for example, said it ‘may hold long-term promise’ but mostly spoke very generally about being open-minded toward digital currencies. He never said anything specific. Various hedge fund managers have made positive statements about Bitcoin, but you have to take their comments with a grain of salt. Most of them aren’t experts in economics, and just get excited by things that go up or down by a lot (which obviously Bitcoin does in spades).  But Woo’s analysis represents a top-flight mind at a major financial institution assessing it in a serious way, and coming to the conclusion that it could be the real deal.”

http://www.businessinsider.com/david-woo-on-bitcoin-2013-12

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