Can Jared Polis turn the Rockies into the next crypto paradise?
. And yet Colorado governor Jared Polis received a warm welcome when he appeared onstage at last week’s ETHDenver conference to present his vision for making Colorado the “first digital state.”
Wait—blockchain? Cows? While Polis found purchase among the ETHDenver acolytes, his presentation raised more questions than it answered. This week, the governor spoke to WIRED about his plan to make Colorado, including its livestock, the most blockchain-friendly state in the union. Absolutely. They do wander off and they get stolen and then you know who it belongs to, indisputably; it's registered. It's also used to capture and prosecute cattle rustlers who steal cattle. So it's used to prevent both theft and loss of cattle, which is a multibillion-dollar industry in the state of Colorado.
You said at the conference that Colorado would start accepting tax payments in crypto. Why do that? Doesn't that potentially just raise the state's costs? Do you worry at all about the amount of money that's going into these new, very baroque forms of crypto investments and how that might impact ordinary investors?
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