New Crypto-based Empire to Emerge in Nevada?
When you think Nevada you picture tumbleweed, high heat, cowboy welcome sign and endless desert expanses covering the whole state south to north, and east to west. When you wonder about life there, you get news like “Dead brothel owner wins Nevada state assembly seat” or “Nevada County Police Blotter: Man locked in women’s room for three hours”.
It’s unusual, it’s intriguing, but it’s also the last place you think of when it comes to a possible homeland of a rising technological empire.
But this doesn’t scare the former lawyer and recently-made cryptocurrency millionaire, Jeffrey Berns. According to tabloids, he recently purchased a huge chunk of Nevada’s desert land this year. $170 million dollars cash went into his newest venture — creating a real-life technological Utopia on the vast lands of the Nevada deserts. The other $130 million are estimated to be spent on infrastructure, planning, accommodation and around 70 first employees of the company, but no sum is too big when it comes to turning your dreams of the imaginary empire into a tangible country.
Surprisingly, following his heart, intuition, passion or whatever you might call it is what made him rich in the first place. After the rise of Bitcoin, Berns bought into Ether, the native digital token of Ethereum Platform, during its big sale in 2015. Thanks to an enormous rise in the price of Ether and thanks to again, his inner compass, which led him to sell some digital assets before they crashed, he received an opportunity to fund his entire dream himself.
Jeffrey Berns biography begins with being a CEO of Arranger, a company providing promotional products and trips for Las Vegas Casinos, starting his own Jeffrey Berns Law Offices, and being a partner, a president, and a chief executive officer for a number of Limited Liability Partnerships. Having been involved in finance for the last three decades, no wonder why, with the rise of Bitcoin, his eyes fell on the cryptocurrency market. In 2014 he founded multiple online web sources (DigitalCurrency.com, VirtualCurrency.com, CryptoCurrency.com, Blockchains.com, DigitalMoney.com) aimed to act as a news source about the Ethereum ecosystem. And as recently as January 2018 Jeffrey Berns founded a new LLC called Blockchains, whose main goal is to develop and nourish partnerships, concepts, and businesses powered by the blockchain technology.
“The future belongs to those who believe in the beauty of their dreams,” as a political activist, diplomat, and activist, and the longest-serving First Lady of the United States Eleanor Roosevelt once said. In fact, Berns being a visionary is what brought a group of people dedicated to moving to Nevada and building here a whole new sovereign region in the first place. In his circle, he is famous for carrying crazy and unbelievable-at-first ideas, which then proceed to inevitably come to life. Everyone in the team strongly believes their work is crucial in building a foundation to the very first cryptocurrency-based governing economy. The majority of his employees had to move to the hot and sunny state of Nevada with their family for the expected duration of the project, meaning their belief in the possibility of its execution is beyond questionable.
Berns’ end goal lays in the desire to built a totally self-sustainable and self-governing community thanks to the countless advantages in the form of security, transparency, and efficiency offered by the Blockchain technology. To eliminate the need for centralized accounting, corporate entities and even traditional banking is a huge dream of a lot of entrepreneurs and employees in general. Even though Nevada’s tax benefits, including the absence of the income tax, is among the first reasons Jeffrey Berns got interested in the above state, he is not pursuing the desire to get richer. Understanding the difficulties that come with starting anything new, left alone a self-governing Cryptocurrency-based Empire, he aims to build a community of the future ruled by its residents, employees and future investors. He plans to create a blockchain-based structure, which would allow every transaction, ownership right and voting power to be recorded in a digital wallet.
Even though he’s the first one to broaden the blockchain technology to a level of a country, he’s far not the first one to build a large enterprise in the vast expanses of Nevada. Other techno giants like Tesla’s Gigafactory, which has been rumored to be the largest building in the world, and Apple, Switch, and Google also have properties surrounding the newly-bought borders of Nevada’s crypto empire. The future belongs to believers, so let’s hope Mr. Berns’ sacred dream turns into a real-life digital currency paradise for us all.