U.S. Congress Praises Cryptocurrency and Blockchain Technology!

Finally, some really good news amidst all the gloom and doom...

The U.S. Congress just issued a report, "THE 2018 JOINT ECONOMIC REPORT-- R E P O R T OF THE JOINT ECONOMIC COMMITTEE CONGRESS OF THE UNITED STATES ON THE 2018 ECONOMIC REPORT OF THE PRESIDENT" that is very positive for crypto. In fact, chapter 9, "Building A Secure, Future One Blockchain At A Time," of this report is very bullish! Here is the Conclusion of chapter 9 on crypto:

Technology presents evolving challenges and generates new
solutions. Blockchain technology essentially stores and transmits
data securely, in large volume, and at high speeds. So far, the
technology has proved largely resistant to hacking, and given this
feature, developers first applied it to digital currencies. Yet
blockchain has many more potential applications, such as portable
medical records and securing the critical financial and energy
infrastructure that the Report identified

They also followed the conclusion with this series of recommendations:

Policymakers and the public should become more familiar
with digital currencies and other uses of blockchain
technology, which have a wide range of applications in the future.

Regulators should continue to coordinate among each
other to guarantee coherent policy frameworks,
definitions, and jurisdiction.

Policymakers, regulators, and entrepreneurs should
continue to work together to ensure developers can deploy
these new blockchain technologies quickly and in a
manner that protects Americans from fraud, theft, and
abuse, while ensuring compliance with relevant
regulations.

Government agencies at all levels should consider and
examine new uses for this technology that could make the
government more efficient in performing its functions.

To see the U.S. Congress come out so positively for crypto is very encouraging when we consider the ambiguity of China, Russia and other major governments toward crypto. This could signal a new era for crypto. What do you think? Please respond in comments section below...