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That board will have the power to determine and govern three people two of whom to even laws that would itself.
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That board will have the power to determine and govern three people two of whom to even laws that would itself.
Senate Minority Leader James Settelmeyer, a Republican whose represents the region where the company had wanted to build its blockchain-centric city, said the company had sent a letter to the committee and governor to withdraw the proposal earlier this week. The former consumer protection attorney said the idea was born from how he sees government as an unnecessary middleman between people and ideas. The private cryptocurrency company effectively sought permission to create its own local government, or Innovation Zone , within Storey County. 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. The draft legislation says two of them initially would be from the company itself.
