I read a copy of this paper over the holiday. It's really good, and really worth reading
but I fear that because it comes from CRS, bitcoin community is going to shit all over it out of hand. Please don't.
Indeed: CRS is an independent agency and not under the thumb of the legislative branch. I've found their reports have always given a detailed and balanced overview of a subject, even when it puts the US in a bad light. Definitely don't ignore it.