Colorado to be a crypto-friendly state, and his win consolidates the concept of equity and qualifications-based merit!
November 08, 2018 | AtoZ Markets
Democratic Rep. Jared Polis has won the Colorado gubernatorial elections round, making it a “huge win for progressives, and distributed-ledger technology devotees”, as the media described yesterday.
Polis- being a blockchain and cryptocurrency enthusiast, has a five-point plan for making Colorado “a national hub for blockchain innovation in business and government.” As his campaign site states.
Polis aims to “create a statewide safe harbor designed to exempt cryptocurrencies from state money transmissions laws,” to make it line up with the state of Wyoming, which is noted of being blockchain-friendly.
The U.S dollar is not less in value than bitcoin!
The media reported back In 2016 that Polis had co-founded the Congressional Blockchain Caucus with Mick Mulvaney- a South Carolina Republican who is now serving as the director of the Office of Management and Budget.
The Caucus was reported to have done extremely well in yesterday’s midterms, with co-chairs David Schweikert (R-AZ), Bill Foster (D-IL), and Tom Emmer (R-MN.) all winning the reelection.
Polis made headlines in the media in 2014, for the well-known incident when he urged a ban on the U.S. dollar, in response to West Virginia Sen. Joe Manchin, who had called for a bitcoin ban.
In his turn, Jerry Brito- Executive Director of the trade group Coin Center, commented saying: “Colorado has long been a very hospitable state for crypto, and I think that will be reinforced under Polis,”.
Bitro pointed to Polis’s intention for making his home-state a crypto-friendly place, saying: “He’s already committed to continuing the Colorado Council for the Advancement of Blockchain Technology Use started under his predecessor, and that’s great news.”
Having won the midterms elections, it is worth mentioning that Jared Polis is now the first openly-gay person to be elected governor in the U.S.