Recently a blockchain caucus has been created to explore how the government can empower innovation and keep America competitive in this industry. Bitcoin is the biggest blockchain in terms of user adoption. Since the government has slowed progress through regulation, countries like China have taken a leading roll. It's important that the government understand that Bitcoin is similar to the invention of the internet. The nature of how it operates makes it unstoppable as it runs completely decentralized. At this point the best move the government can take is to embrace innovation and capture tax from the businesses and innovations that arise. Many companies inside the U.S. register in foreign more lenient jurisdictions. This process quickly means the U.S. loses it's ability to lead.