A Cryptocurrency Millionaire Wants to Build a Utopia in Nevada
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Re: A Cryptocurrency Millionaire Wants to Build a Utopia in Nevada
#2This headline screams non-article. I don't know how anyone who is not at least a billionare hopes to make any sweeping changes (let alone a utopia) in any context beyond a couple thousand people.
Re: A Cryptocurrency Millionaire Wants to Build a Utopia in Nevada
#3Subtitle tells the whole story:
> A man spent millions on an enormous plot of land near Reno. Now he wants to build a community based on the blockchain technology introduced by Bitcoin.
He could have joined up with the Bitcoin mining group in Wenatchee WA, where they spent millions building custom "mining pods" to house the ASICs.
Re: A Cryptocurrency Millionaire Wants to Build a Utopia in Nevada
#4This headline screams non-article. I don't know how anyone who is not at least a billionare hopes to make any sweeping changes (let alone a utopia) in any context beyond a couple thousand people.
Yeah, for a million you could probably get a really nice house for one family, and a good bit saved up so they don't have to worry too much about things. That's a long way from any kind of utopian society... Especially when you're building it from scratch out in a desert.
Re: A Cryptocurrency Millionaire Wants to Build a Utopia in Nevada
#5This headline screams non-article. I don't know how anyone who is not at least a billionare hopes to make any sweeping changes (let alone a utopia) in any context beyond a couple thousand people.
The article says that he has spent 300 million dollars and bought 67,000 acres of land.
Re: A Cryptocurrency Millionaire Wants to Build a Utopia in Nevada
#6Subtitle tells the whole story: > A man spent millions on an enormous plot of land near Reno. Now he wants to build a community based on the blockchain technology introduced by Bitcoin. He could have joined up with the Bitcoin mining group in Wenatchee WA, where they spent millions building custom "mining pods" to house the ASICs.
I'm not sure what that has to do with this person planning a town.
Re: A Cryptocurrency Millionaire Wants to Build a Utopia in Nevada
#7I’m sorry but I find it hard to trust the competence of any person who creates a company straight-up called “Blockchains”. Such a money grab. Imagine starting Internet, LLC during the dotcom bubble.
Re: A Cryptocurrency Millionaire Wants to Build a Utopia in Nevada
#8This is what you get when lucky people think they're geniuses.
Re: A Cryptocurrency Millionaire Wants to Build a Utopia in Nevada
#9How to become a cryptocurrency millionaire: start off as a crypto currency billionaire and buy a bunch of useless land in the desert.
Re: A Cryptocurrency Millionaire Wants to Build a Utopia in Nevada
#10This is effectively funded by all the student loans and double mortgages that FOMO drove people to trade real money for virtual commodities at the peak of last year's bubble. I'm calling it. We have reached peak blockchain hysteria. This is "if you build it they will come" on the blockchain.