Comment Re:What's the point? (Score 1) 168
The point is mostly a bitcoin scam. The primary/immediate beneficiary of this proposal is "Blockchain, LLC". The location is in the general vicinity of the Gigafactory. A big swath of land with 100% sunshine about 320 days/year. Best guess is a solar power farm, solely for mining bitcoin. They've been making promises about a "city of the future" with everything on a blockchain. In addition, the county its located in is mostly 99% private land with almost no actual residents, just data centers, distribution centers, the gigafactory, etc. There are more wild horses than residents.
As near as anyone can tell, this seems to be a bunch of NYC lawyers that got into bitcoin early and have too much money. And the existing "government" of Northern Nevada are mostly just shills for developers. fwiw, these developers actually are promising a "high tech community" as you describe. However, I suspect most prospective residents will quickly realize the fancy high tech community with big glass buildings in the stinkin' desert in the middle of nowhere is still in the stinkin' desert in the middle of nowhere. (I wonder how many bitcoin it will take to buy the water for this utopia).
Also keep in mind the timing: Nevada is probably the state hardest hit by the economic impact of COVID, so the governor is desperate for money, and as mentioned, this outfit is likely flush with bitcoin bucks.