Gavin, in case you are listening, here's my two cents for your CFR meeting: The rulers in high places are aware of Bitcoin by this point at its potential, and they recognize that the awful service provided by banks is leading inevitably to a shake-up that's going to involve technological improvements based on digital currencies. They accept this. Therefore their next step is going to be a slow noose-tightening. They will act incrementally.

Their number-one concern will be to protect their control over the unit-of-account. Their secondary concern will be protecting KYC/AML. I suggest you take advantage of this and get them on board with colored coins. You can point out to them that dollar-coin, euro-coin, rupee-coin, etc will enable them to protect their control over the unit of account, while simultaneously giving users the other benefits of cryptocurrency technology. Also point out to them that they will continue to have KYC/AML control if they do this, since colored coin issuers will have to by KYC/AML compliant when dealing with bank wires in/out.