Being a not especially large state as far as population, this is really allowing the rest of the country to dictate whether voters in Colorado are disenfranchised or if their votes count. They’re awfully confident that Democrats will always win this fictional “popular vote” and there likely will come a day when they won’t. As bizarre as things have been since 2016 I suspect this will occur in short order, 2020.
And then, they will whipsaw back the other way and demand the Electoral College determine the votes.
It is why Leftists should never have their hands anywhere near the levers of power.