Cryptocurrency company wants to form own governments

Stefan Mileschin · 16th February 2021, 08:16

Capitalist wet dreams

A cryptocurrency company that owns 67,000 acres in rural northern Nevada wants the state government to grant technology companies power to form local governments on land they own.

Jeffrey Berns, CEO of Nevada-based Blockchains, envisions "a city where people not only purchase goods and services with digital currency but log their entire online footprint — financial statements, medical records and personal data — on blockchain".

Berns wants the state to let companies like his form local governments on land they own, which would grant them power over everything from schools to law enforcement and thus creating true capitalist societies focused on a company.

The company wants to break ground by 2022 in rural Storey County, 12 miles east of Reno. It's proposing to build 15,000 homes and 33 million square feet of commercial and industrial space within 75 years.

https://fudzilla.com/news/memory-and...wn-governments

16th February 2021, 08:16	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,812	Cryptocurrency company wants to form own governments Capitalist wet dreams A cryptocurrency company that owns 67,000 acres in rural northern Nevada wants the state government to grant technology companies power to form local governments on land they own. Jeffrey Berns, CEO of Nevada-based Blockchains, envisions "a city where people not only purchase goods and services with digital currency but log their entire online footprint — financial statements, medical records and personal data — on blockchain". Berns wants the state to let companies like his form local governments on land they own, which would grant them power over everything from schools to law enforcement and thus creating true capitalist societies focused on a company. The company wants to break ground by 2022 in rural Storey County, 12 miles east of Reno. It's proposing to build 15,000 homes and 33 million square feet of commercial and industrial space within 75 years. https://fudzilla.com/news/memory-and...wn-governments

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