On Monday, Colorado state Sen. Angela Williams plans to buy her first bitcoin, or piece of one, and then spend it right away. Perhaps on a glass of Jack Rabbit Hill wine. Or maybe a T-shirt from Denver designer Atomic Child.
But instead of buying cryptocurrency online in the seedy, digital underworld of yesteryear (circa 2011), she’ll be inside the artsy new wine and spirits tasting venue Booz Hall in RiNo — and using a bitcoin ATM. Attending the first-time event for this year’s Denver Startup Week, Williams expects to be joined by a bunch of other “crypto curious” noobs playing around with blockchain technology, crypto wallets and cryptocurrency for their first time, too.
“This is an exciting new technology that is important to Colorado,” said Williams, who has more than an outsider’s interest in crypto. She sponsored one of the groundbreaking blockchain bills last session — the Cyber Coding Cryptology For State Records — to make way for government offices to use blockchain to secure sensitive data of Coloradans already on file.
“I wouldn’t say it’s mainstream,” she continued. “Cyber coding cryptography and blockchain technology is just getting on its feet here in Colorado. When we became the first state to legalize marijuana, we had to create a regulatory environment. This is (similar in) rolling out a new technology and new businesses.”
That’s kind of Denver Startup Week’s M.O. Heading into its seventh year, the week has become one of the nation’s largest free events. It also tends to give an up-and-coming trend full-on support with a dedicated cluster, as it did in past years with cannabis and internet of things.
Denver Startup Week 2018
When: Sept. 24 to 28, 2018
Where: Downtown Denver with Base Camp at The Commons on Champa, at 1245 Champa