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Cryptocurrency millionaire wants to build a utopia in Nevada

 
Anonymous Coward
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11/02/2018 10:41 PM
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Cryptocurrency millionaire wants to build a utopia in Nevada
An enormous plot of land in the Nevada desert — bigger than nearby Reno — has been the subject of local intrigue since a company with no history, Blockchains LLC, and owner Jeffrey Berns bought it for $170 million in cash this year.

Berns imagines a sort of experimental community spread over about 100 square miles, where houses, schools, commercial districts and production studios will be built. The centerpiece of this giant project will be the blockchain, a new kind of database that was introduced by bitcoin.

So far, he said, he has spent $300 million on the land, offices, planning and a staff of 70 people. And buying 67,000 largely undeveloped acres is a bit of old-fashioned, real estate risk-taking.

Still, Berns said his ambition was not to be a real estate magnate or even to get rich — or richer. He is promising to give away all decision-making power for the project and 90 percent of any dividends it generates to a corporate structure that will be held by residents, employees and future investors. That structure, which he calls a “distributed collaborative entity,” is supposed to operate on a blockchain where everyone’s ownership rights and voting powers will be recorded in a digital wallet.

[link to www.sfgate.com (secure)]

<50%
Anonymous Coward
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11/02/2018 10:45 PM
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Re: Cryptocurrency millionaire wants to build a utopia in Nevada
Fagopia?
Anonymous Coward (OP)
User ID: 75169334
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11/02/2018 10:46 PM
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Re: Cryptocurrency millionaire wants to build a utopia in Nevada
Fagopia?
 Quoting: I'm Right....Always


Why do you say that?
Anonymous Coward
User ID: 41173011
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11/02/2018 10:51 PM
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Re: Cryptocurrency millionaire wants to build a utopia in Nevada
Thought it sounded cool
Word'sword

User ID: 76853663
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11/02/2018 10:54 PM
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Re: Cryptocurrency millionaire wants to build a utopia in Nevada
Fagopia?
 Quoting: I'm Right....Always


It will never cease to amaze me I think why so many on glp - who question and know of the centralized corruption so prominent in our world today - simultaneously despise blockchain.

It's like saying "I hate myself" and "I love myself" together in the same sentence.

*scratches head*

Ah well... they'll get it eventually.

Ignorance may be bliss but it can also be hugely detrimental to one's wallet.
Anonymous Coward (OP)
User ID: 75169334
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11/02/2018 10:55 PM
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Re: Cryptocurrency millionaire wants to build a utopia in Nevada
Thought it sounded cool
 Quoting: I'm Right....Always


Well, that sort of loose talk could get you kicked out of utopia!
Anonymous Coward
User ID: 41173011
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11/02/2018 10:59 PM
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Re: Cryptocurrency millionaire wants to build a utopia in Nevada
Fagopia?
 Quoting: I'm Right....Always


It will never cease to amaze me I think why so many on glp - who question and know of the centralized corruption so prominent in our world today - simultaneously despise blockchain.

It's like saying "I hate myself" and "I love myself" together in the same sentence.

*scratches head*

Ah well... they'll get it eventually.

Ignorance may be bliss but it can also be hugely detrimental to one's wallet.
 Quoting: Word'sword


Me too I can’t understand why everything has an agenda, Your ask a question and all you get is gufff. I just thought it would be a nice place to have a community where a man could enjoy a cigarette inside or outside unfettered
Lacey Underall

User ID: 76792534
United States
11/02/2018 11:04 PM

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Re: Cryptocurrency millionaire wants to build a utopia in Nevada
Where will they get the water?
SamReed

User ID: 4707506
United States
11/02/2018 11:06 PM
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Re: Cryptocurrency millionaire wants to build a utopia in Nevada
Bad idea.

Where's the water coming from?

The rivers and reservoirs in the southwest are being sucked dry.
Anonymous Coward (OP)
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11/02/2018 11:08 PM
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Re: Cryptocurrency millionaire wants to build a utopia in Nevada
Where will they get the water?
 Quoting: Lacey Underall


Reno has the Truckee river and a big lake, but I don't know much beyond that. I think Elko, Nevada is pretty dry and God forsaken.
Anonymous Coward (OP)
User ID: 75169334
United States
11/02/2018 11:10 PM
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Re: Cryptocurrency millionaire wants to build a utopia in Nevada
Fagopia?
 Quoting: I'm Right....Always


It will never cease to amaze me I think why so many on glp - who question and know of the centralized corruption so prominent in our world today - simultaneously despise blockchain.

It's like saying "I hate myself" and "I love myself" together in the same sentence.

*scratches head*

Ah well... they'll get it eventually.

Ignorance may be bliss but it can also be hugely detrimental to one's wallet.
 Quoting: Word'sword


Me too I can’t understand why everything has an agenda, Your ask a question and all you get is gufff. I just thought it would be a nice place to have a community where a man could enjoy a cigarette inside or outside unfettered
 Quoting: I'm Right....Always


I was wondering if you were saying there was a gay agenda behind this "utopia". That would be an interesting twist.
Balloons

User ID: 14320937
Denmark
11/02/2018 11:16 PM
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Re: Cryptocurrency millionaire wants to build a utopia in Nevada
People Will only go if they change the outdated sex laws.
Please hold still so I can cut your hair long
Anonymous Coward
User ID: 41173011
United States
11/02/2018 11:17 PM
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Re: Cryptocurrency millionaire wants to build a utopia in Nevada
Fagopia?
 Quoting: I'm Right....Always


It will never cease to amaze me I think why so many on glp - who question and know of the centralized corruption so prominent in our world today - simultaneously despise blockchain.

It's like saying "I hate myself" and "I love myself" together in the same sentence.

*scratches head*

Ah well... they'll get it eventually.

Ignorance may be bliss but it can also be hugely detrimental to one's wallet.
 Quoting: Word'sword


Me too I can’t understand why everything has an agenda, Your ask a question and all you get is gufff. I just thought it would be a nice place to have a community where a man could enjoy a cigarette inside or outside unfettered
 Quoting: I'm Right....Always


I was wondering if you were saying their was a gay agenda behind this "utopia". That would be an interesting twist.
 Quoting: Jon Titor


Why would that even matter...who would know, I just want a place where I could...do I dare say it...puff on a Camel fag inside a pub or on a pavement.
Anonymous Coward (OP)
User ID: 75169334
United States
11/02/2018 11:18 PM
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Re: Cryptocurrency millionaire wants to build a utopia in Nevada
People Will only go if they change the outdated sex laws.
 Quoting: Balloons


Nevada is like a libertarian paradise.
Anonymous Coward (OP)
User ID: 75169334
United States
11/02/2018 11:22 PM
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Re: Cryptocurrency millionaire wants to build a utopia in Nevada
...


It will never cease to amaze me I think why so many on glp - who question and know of the centralized corruption so prominent in our world today - simultaneously despise blockchain.

It's like saying "I hate myself" and "I love myself" together in the same sentence.

*scratches head*

Ah well... they'll get it eventually.

Ignorance may be bliss but it can also be hugely detrimental to one's wallet.
 Quoting: Word'sword


Me too I can’t understand why everything has an agenda, Your ask a question and all you get is gufff. I just thought it would be a nice place to have a community where a man could enjoy a cigarette inside or outside unfettered
 Quoting: I'm Right....Always


I was wondering if you were saying their was a gay agenda behind this "utopia". That would be an interesting twist.
 Quoting: Jon Titor


Why would that even matter...who would know, I just want a place where I could...do I dare say it...puff on a Camel fag inside a pub or on a pavement.
 Quoting: I'm Right....Always


You can still smoke in many Nevada bars and casinos. There are legal brothels, legal cannabis, very few gun laws.
Anonymous Coward
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11/02/2018 11:25 PM
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Re: Cryptocurrency millionaire wants to build a utopia in Nevada
ive wondered for a while how come there arent any NEW towns or cities...

could be a good thing
Anonymous Coward (OP)
User ID: 75169334
United States
11/02/2018 11:31 PM
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Re: Cryptocurrency millionaire wants to build a utopia in Nevada
ive wondered for a while how come there arent any NEW towns or cities...

could be a good thing
 Quoting: Uwascallywabbit


Yeah, interesting to have someone setting out to build an utopia.





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