Reading through the proposal, I think its a good step in the right direction and it practically covers all aspect that the blockchain can be utilized and also made it as a matter of importance the influence of the United States in projects like this and how it would like a beacon that would change the way things are being done just like the way they did with the internet in the early 2000s.

The only issue I have with it, is that the proposals seems vague. It has identified the need to take action but nothing is being said on how the action will be taken or implemented to the general public. It also did not put a timeline to the proposal. In summary, I would conclude that at the moment, its just one of those things we see on the forum that comes with so much hope without any backing of bringing it into reality. So instead of rejoicing, I would rather maintain my position and wait until something serious is coming up.