Haha, you said cauc.
This is great news!
A great quote from the article: "“Open blockchain networks and distributed ledger technologies are still new, but it’s critical for members of Congress to begin comprehending both their current applications and future use cases." From one of the Congressmen leading the caucus.
Hopefully they're not too late to the party. I see people accusing the Chinese government of coming out with all these PBOC meetings to drive the price down and short. I don't know what could happen if more governments join the melee but if none of them would be able to abuse the system (because the others would push back against such manipulation) then things might come out better since (hopefully) they'd find it harder to rig in their favor and just leave bitcoin to market forces.
I wouldn't worry so much about government influence. The bitcoin market is greater than any one government. The price can't be manipulated by one government. If China wants to fuck with the market we'll take our transaction business to an exchange that exists elsewhere. The Chinese can only flood the market with what they've mined,
what manipulation that can occur?