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Jim Hartman: Sisolak s Innovation Zones fiasco | Serving Carson City for over 150 years

In his February “State of the State” speech, Gov. Steve Sisolak boldly promoted an “Innovation Zones” proposal advanced by cryptocurrency Blockchains LLC founder and CEO, Jeffrey Berns. It would have allowed companies like Blockchains to form local governments on land they own by granting them power over everything — from schools to law enforcement — and to build a “smart city” run on cryptocurrency. Sisolak made “Innovation Zones” central to diversifying Nevada’s economy. Sisolak boasted they would transform Nevada into “the epicenter of this emerging industry and create the high-paying jobs and revenue that go with it.” By April 26 Sisolak’s “Big Idea” was discredited and junked, sent to 18 months of “interim study” by the Legislature in a face-saving maneuver. The concept had been roundly mocked, including in the national media and trashed on the Late Show with Stephen Colbert.

The Blockchains blunder: Squirrelly, and yet more of the same

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Nevada governor wants lawmakers to study Innovation Zones

Nevada governor wants lawmakers to study Innovation Zones SAM METZ, AP/Report for America April 26, 2021 FacebookTwitterEmail CARSON CITY, Nev. (AP) Gov. Steve Sisolak said Monday he will scale back his proposal to let technology companies establish zones where they could exercise powers similar to those of local government. Instead of asking lawmakers to pass a resolution to approve the proposal this session, he plans on introducing a measure to create a committee to further study the so-called “Innovation Zones.” The decision, first reported by the Reno Gazette Journal, deals a blow to Blockchains LLC the northern Nevada-based technology company that said an Innovation Zone would enable it to build a blockchain-powered city in the rolling hills of the state s desert.

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