Consumer protection lawyer Jeffrey Berns is the owner and CEO of Blockchains LLC, a company that bought more than 67,000 acres of land in northern Nevada Consumer protection lawyer Jeffrey Berns, owner and CEO of Blockchains LLC, has revealed plans to build a crypto city in the desert, claiming to have invested $300 million to make it a reality.
This would be an interesting place to live. I could imagine that it would be like living in a crypto version of Las Vegas. It will be interesting to see if he can get this off the ground and running, and then if anyone will actually move there. The more interesting aspect to this story I think is the bunkers and underground facilities this company wants to set up. For institutional investors to be comfortable with crypto investments, these sorts of highly secure storage facilities (Cold Storage) will be critical for future growth of the marketplace.
It is interesting to note also that crypto friendly Bank is part of this plan. This could have a more widespread appeal as many crypto enthusiasts are marginalised by traditional banks. This could be the best part of this plan.
What do you think? Would you like to live in a crypto-city in the Nevada desert?