Champagne, good post.
This is bill is part of a three-bill proposal according to the post by two of the WY representatives: https://www.coindesk.com/haven-blockchain-case-wyoming/
“The goal of this legislation is to allow the official record of ownership and the official record of changes of ownership to exist on a blockchain. Eventually this will allow the State, counties, municipalities and businesses to eliminate paper trails such as deeds, titles and receipts.”

Decentralized, in this case, defintely doesn’t mean autonomous.

So this is essentially a: You-can-use-your-blockchain (BC)-technology-just-let-us-know-everything-about-it-so-we-can-regulate-your-successs.

Similarly, you can listen to your Rock music, but just outside in the garage and don’t turn it up to loud.

States pass their legislation. What does the Fed say? I’m all for making the BC speak, but politicians writing to promote their bills on a crypto-friendly website is suspect at best.

More power to the BC: don’t ask us to say our crypto isn’t an imvestment, when many of us holding DEFINTELY see our crypto as an investment for the long and short.

Bear or Bull, I’m a CryptoManiac!