How far have we progressed from New York trying to stomp out the competition by introducing the "BitLicence" and creating a barrier to entry for small Bitcoin Businesses, to them embracing Blockchain technology like this? Some might say that they are backing the competition by doing this and sabotaging Bitcoin once again.

I think, if they open their city to all Crypto currencies and not just some Blockchain based solutions that are endorsed by them, then people would support this endeavour.