Colorado on the Blockchain - Gubernatorial Candidate Aims to Create Business-Friendly Tech Environment

Colorado on the Blockchain – Gubernatorial Candidate Aims to Create Business-Friendly Tech Environment

Bitcoin, Cryptocurrencies, News

Colorado on the Blockchain - Gubernatorial Candidate Aims to Create Business-Friendly Tech EnvironmentWhen gubernatorial candidate Jared Polis won the nomination last month, it came as no surprise to most when he mentioned blockchain-related policy as part of his campaign.

With issues revolving around technology becoming an integral part of voters concerns, it makes sense that someone with the background that Polis does would capitalize fully.

A progressive candidate

At the moment, gubernatorial candidate Jared Polis represents Colorado’s 2nd district in the house and managed to win the Democratic nomination in July.

He’s been touted as a progressive candidate, advocating Medicare for all, environmental protection and a certain level of gun control.

Polis made his fortune during the dot-com boom, with a quoted net worth of somewhere in the region of USD 400 million, and has never been shy in using his ability to self-fund as a way of claiming that he’s not in the pocket of corporate interests or beholden to big-money donors.

During an interview this past week with tech site Gizmodo, the gubernatorial candidate claimed that he’s always been an early adopter “whether it was early BBS days growing up in the ‘80s, to playing around with the internet during college.”

Cryptocurrencies are no different, and Polis claims he’s been involved since the beginning.

Staunch defender of Bitcoin

During a career as a Congressman Polis has always been a staunch defender of Bitcoin and other cryptocurrencies.

When U.S. Senator Joe Manchin, a Democrat from West Virginia, sent a letter to federal regulators claiming that he was “most concerned that as Bitcoin is inevitably banned in other countries, Americans will be left holding the bag on a valueless currency,” and essentially calling for a ban, Polis responded by sending his own letter to the same federal regulators saying –

“The very features of dollar bills, such as anonymous transactions, have created ubiquitous uses from drug purchases, to hit men, to prostitutes, as dollar bills are attractive to criminals who are able to disguise their actions from law enforcement.”

Obviously, the gubernatorial candidate was making these claims tongue-in-cheek, but you can see the point he was trying to make, as Polis highlighted –

“As digital currencies like bitcoin become more popular, the level of awareness will increase in Congress as well.

“It’s important to continue to establish the basic fact that the dollar is the currency of choice for cartels, criminals, and illicit transactions and is likely to stay that way for the foreseeable future.”

On the point of his views on blockchain leading into the November elections, gubernatorial candidate Polis stated that “the focus of our policy is to make Colorado the leader in the currently innovative blockchain companies and helping companies succeed.”

We will have to wait until after the election to see what these plans could mean for Colorado, and naturally, it will all hinge on one crucial factor.

Winning the election.

Lover of all things crypto, blockchain and AI, professional tech scribe & part of the editorial team at Crypto Disrupt.

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