Toggle light / dark theme

Become smarter in 5 minutes by signing up for free today: http://cen.yt/mbnowyouknow — Thanks to Morning Brew for sponsoring today’s video.

*Forward-Looking Statements & Disclaimer.

This presentation dated February 2021 contains forward‐looking statements, which involve assumptions and describe our future plans, strategies, and expectations. These statements are expressed in good faith and based upon our current assumptions, expectations and projections, but there can be no assurance that these expectations will be achieved or accomplished. Sentences and phrases are forward‐looking statements when they include any tense from present to future or similar inflection. Words like “believe”, “estimate”, “anticipate”, “plan”, “predict”, “may”, “hope”, “can”, “will”, “should”, “expect”, “intend”, “is designed to”, “with the intent”, “potential”, the negative of these words or such other variations thereon or comparable terminology, may indicate forward‐looking statements, but their absence does not mean that a statement is not forward‐looking.

Such forward‐looking statements include statements regarding, among other things: (a) the potential markets for our technologies, our potential profitability and cash flows; (b) our growth strategies; © expectations from our ongoing sponsored research and development activities; (d) our ability to develop a commercially‐viable product; (e) anticipated trends in the industries in which our technology would be utilized; (f) our future financing plans, and (g) our anticipated needs for working capital.

CARSON CITY, Nev. (AP) — In the Nevada desert, a cryptocurrency magnate hopes to turn dreams of a futuristic “smart city” into reality. To do that, he’s asking the state to let companies like his form local governments on land they own, which would grant them power over everything from schools to law enforcement.

Jeffrey Berns, CEO of Nevada-based Blockchains LLC, envisions a city where people not only purchase goods and services with digital currency but also log their entire online footprint — financial statements, medical records and personal data — on blockchain. Blockchain is a digital ledger known mostly for recording cryptocurrency transactions but also has been adopted by some local governments for everything from documenting marriage licenses to facilitating elections.

The company wants to break ground by 2022 in rural Storey County, 12 miles (19 kilometers) east of Reno. It’s proposing to build 15000 homes and 33 million square feet (3 million square meters) of commercial and industrial space within 75 years. Berns, whose idea is the basis for draft legislation that some lawmakers saw behind closed doors last week, said traditional government doesn’t offer enough flexibility to create a community where people can invent new uses for this technology.