The Vision for a Crypto City
Blockchains LLC is moving full steam ahead with its ambitious plan to create a blockchain-powered city east of Reno, Nevada. CEO Jeffrey Berns envisions a utopia where technology such as blockchain and cryptocurrencies govern daily life. Imagine a neighborhood buzzing with digital currencies and online governance—sounds futuristic, right? Like a sci-fi movie but with less drama and more decentralized tech.
Innovation Zones: A New Kind of Governance
In a bold request to the state, Berns is seeking permission to establish an “innovation zone” over the 67,000 acres his company owns. So, what exactly is an innovation zone? Well, picture this: a private company with the power to enforce its own taxes and establish courts. It’s as if tech giants got tired of corporate boardrooms and decided to run their own mini-countries. If Nevada agrees, Berns could get a new type of local governance based on cutting-edge technology—because who needs traditional government when you have algorithms?
The Land and Its Purpose
Bought for a cool $170 million back in 2018, the land has grand plans. Berns dreams of not just a couple of homes here and there, but a futuristic community featuring a Blockchains campus, an esports arena, and even a content creation studio. He hopes to build around 15,000 homes, but there’s a catch: current regulations limit development to around 3,500 homes. Talk about a buzzkill in the land of digital dreams.
The Implications for Local Businesses
If Nevada gives the green light, this could change the game not just for Blockchains, but also for various tech players in the area. Picture the Tesla Gigafactory alongside this blockchain city—what if Musk’s Bitcoin enthusiasm could spur a new wave of innovation? And let’s not forget about Amazon’s nearby fulfillment center; the happy synergy of tech giants could potentially transform the region into a veritable Silicon Valley 2.0. Or at least a dustier, desert-themed version of it.
The Countdown Begins
Time is of the essence. Berns is itching to break ground on this monumental project by next year. But can he build the crypto utopia he dreams of, or is it all a mirage in the Nevada desert? Only time will tell, but one thing is for sure: if it goes ahead, the neighbors’ potlucks might never be the same again—who needs brownies when you can bring blockchain?
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