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Nevada governor proposes giving tech firms power to govern

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    Nevada governor proposes giving tech firms power to govern

    CARSON CITY, Nev. (AP) — Nevada's governor on Friday unveiled a proposal that would allow technology companies to establish jurisdictions with powers similar to those of county governments, arguing the state needed to be bold to diversify its economy and pushing back against those who have likened the idea to company towns.

    “This proposal is an exciting, unprecedented concept that has a potential to position Nevada as a global center of advanced technology and innovation, while helping to create immediate positive economic impact and shape the economy of the future,” Gov. Steve Sisolak said of his Innovation Zones idea. “As we’ve learned in the past, an emergency requires us to throw out the tried-and-true, discard the ‘How We’ve Always Done It’ manual and move on.”

    Under the proposal, companies developing cutting-edge technologies that have at least 50,000 acres (200 sq. kilometers) of land and promise to invest $1.25 billion could establish “Innovation Zones." The zones would be governed by a board responsible for overseeing zoning, taxation, law enforcement and other government functions on their land. It would override local county regulations.

    The governor’s office of economic development would initially appoint three members to govern the zone, including two required to be from the company.

    While the legislation does not specifically mention the company, the proposal is geared toward Blockchains LLC, a cryptocurrency company that owns 67,000 acres of land (270 sq. kilometers) in rural Storey County. Blockchains LLC hopes to build a smart city 12 miles (19 kilometers) east of Reno that would include underground data storage bunkers, 15,000 homes and a research and development park where entrepreneurs could invent applications of blockchain technology.


    Seems Like we will have The Cryptocurrency Experts have free Reign over Local Affairs!.....
    Balaghal-ula bi-kamaalihi / Kashafad-duja bi-jamaalihi / Hasunat jameeu khisaalihi / Sallu alaihi wa aalihi

    #2
    Powers can be given and they can be taken away, Governors come and go. Trump authorised Keystone pipeline and Biden revoked it.

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      #3
      Its very good that Nevada is taking this initiative. They got so much land. And given the proximity with Cali AND the fact that giant tech in Silcon Valley are looking elsewhere to move, Nevada can be a real good option.
      Attitude is more important than facts.
      "Life is 10% what happens to us..and 90% of how we react to it"

      Comment


        #4
        Originally posted by SID_NY View Post
        Its very good that Nevada is taking this initiative. They got so much land. And given the proximity with Cali AND the fact that giant tech in Silcon Valley are looking elsewhere to move, Nevada can be a real good option.
        It seems everyone wants a piece of that sweet California corporate exodus pie, lol.
        "Some people believe that necessity is the mother of Invention, but they're wrong, its War" - James May

        Comment


          #5
          Originally posted by a7mado View Post

          It seems everyone wants a piece of that sweet California corporate exodus pie, lol.
          Its imminent. Crazy taxes in there. Apparently the Cali state govt doesnt care either. So its a win-win.
          Attitude is more important than facts.
          "Life is 10% what happens to us..and 90% of how we react to it"

          Comment

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