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Nevada Government. Steve Sisolak wants to build private desert cities that run cryptocurrencies

Nevada, legally gambling, prostitution and marijuana conditions, add another layer to its Wild West reputation: the city of Desert formed by companies and run entirely on blockchain technology.

Nevada Government. Steve Sisolak held a press conference on Friday in which he planned his future to an “Innovation Zone” on thousands of acres of privately owned land, providing private corporations with expertise in emerging technology and the authority to impose local governments Will complete with Taxes and the creation of school districts or even courts.

It was Sisolak’s first time discussing the plan, which has not yet been introduced into the leg bone. He said the cities would be run entirely on blockchain technology, with digital lasers primarily used to move cryptocurrency, allowing residents to buy goods, pay bills, move property works, and cyber coins Using it allows one to obtain a marriage license.

A big winner would be Jeffrey Byrne, founder and CEO Blockchain LLC, which bought about 70,000 acres of the Nevada desert east of Reno in 2018, saying it wanted to find a blockchain-based community.

Elon Musk’s gigantic Tesla Battery Gigafacting is also located in the same county where Bern’s recent landgrab was. While there is no indication in the plan that the billionaire wants an electric car tycoon, he would be an ideal candidate given Tesla’s surprise and $ 1.5 billion investment in the market earlier this month.

Of course, for Tesla to build its own autonomous region, Musk needed to add about 48,000 acres to complete 50,000 acres of uninhabited land, necessary for a company to meet the rules of the proposed law Will be required. The regulations would also require an investment of $ 1 billion over 10 years.

Addressing the plan during a Friday afternoon press conference, Sisolak said that Nevada needed a bold new vision on the state’s tourism- economy to overcome the devastation of the epidemic.

“It is different than anything that has been proposed before,” he said, employing the vision of modern communities connected to the home and bringing employment and commerce to unused land. “Companies can collaborate together in the future which will make Nevada not only a national but a global leader in blockchain technology.

However, to summarize on some details, such as how a so-called StabLeCoin would be designed to facilitate the blockchain economy as a whole within the US state, and which would inevitably pay for roads in and outside private cities, The governor asked Nevadas to think big.

At the end of the presser, he said, “There are going to be a lot of addresses.” “I’ve got that, but take a moment to look at the offer.”

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