Take Blockchains LLC seriously? You first, Governor. (opinion)


ThroughHugh jackson, Nevada Current
This comment was originally posted by Nevada Current.

Are you worried about when you or someone in your family will get the vaccine?

Nervous because we don’t know when the jobs here will return, or if they will be even more precarious than before?

Wondering how you are going to pay the rent arrears?

Relax. Nevada Gov. Steve Sisolak Takes On Nevadans’ Most Urgent Concerns By Focusing Like A Laser On Legislation To Let A Business Called Blockchains LLCcreate your own government on land in Storey County.

Team A

Remember when Sisolak and pretty much every other adult in Nevada promised that an NFL stadium would transform the economy and bring unlimited prosperity to southern Nevada? And then the construction of the stadium – by far the most important part of the business in terms of jobs and wages –only ended up hiring about a quarterof the full-time workforce promised by supporters?

The first signs suggest that Blockchainsville will be just as impressive.

On the one hand, inspirational speaker Jeremy Aguero – or as local governments and big companies prefer to call him while partnering up, “our consultant” – was on board with the governor at a press conference on Friday, rhetorical pompoms usually lifted to the sky, to convey to his compatriots in Nevada the Good News of Salvation which will be Cybercurrency County.

What could be more reassuring than the predictions of imminent and widely shared prosperity from the same non-economist who told everyone the stadium will employ four times as many construction workers as it actually does?

In these troubled times, what satisfaction to see a governor of Nevada once again appealing to Aguero’s ever-rosy analysis, whichpredictedin 2007, that the southern Nevada real estate market, and therefore its economy, would benefit from a “gradual recovery by the end of 2008”.

Sisolak was also joined on Friday by Michael Brown, director of the governor’s office for economic development. Brown’s first claim to fame was that of a caring executive working tirelessly to make the world a safe place for a transnational mining conglomerate. Which is quite old school.

But on Friday, he showed he had all the makings of a leading 21st century economic development professional, including the profession’s most much-needed gesture, the unabashed willingness to say the words ‘game changer’ out loud and with a straight face.

Brown went there, by the way, going over the “basic stats that we did with Jeremy.” For example, the construction phase of the project would directly employ 79,400 people, Brown said. This likely equates to about 19,850 non-Aguero math employees.

But the real star of the show on Friday was your governor, who pleaded with his fellow Nevada countrymen, including and especially those currently in temporary jobs as lawmakers, to please, please,pleasestop laughing, mocking and rolling your eyes, and start taking Painted Rocks Smart City (real name, lol) seriously.

“I hope,” said the governor, “that from today we can have open, honest and productive conversations about how this might work” and “don’t just cancel if it’s canceled. before the objectives, mechanisms and consequences of the legislation can be discussed. “

Sisolak is on to something: before letting a company set up its own government, the “mechanisms and consequences” must be discussed in depth.

As of this writing, Sisolak’s Blockchains legislation has not yet been officially introduced, so we are not sure exactly which activities are so special and innovative that they should not be subject to the same rules and regulations as those which apply to ordinary Nevada mortals.

But there are countless questions about the proposal, ranging from whether it will have water or whether locals will be allowed to express themselves freely without being erased from the matrix.

Some of the other questions include, but are definitely not limited to:

  • The existing althoughlaw Projectslationinitially obtained by the RJ is considering an industry specific tax (something that Sisolak once claimed to hate, by the way). What type of tax, at what rate? And who gets the revenue – the state or Blockchainsville? And by the way, since this would presumably be the creation of a new tax, will it require a two-thirds majority in both houses of the legislature, and what kind of behind-the-scenes deals will need to be signed? to get that approval?
  • The bill said the right people in Blockchainsville would be covered and eligible for all Nevada social service programs provided by the county. As they are. And how will blockchains pay for it? Oops silly question… with crypto obviously. More precisely:Will beBlockchains are paying for it, or will Storey County and other parts of Nevada (the Las Vegas Strip, for example) have to subsidize blockchains when it claims to be a county?
  • The bill also states that any ordinance passed by Blockchains “supersedes any ordinance on the subject” passed by the county. How is that fair, what are the chances that it will stand up in court when challenged, and seriously wtf?
  • It is a riding, we are told, so there will probably be schools? Again, will Las Vegas subsidize them? Same question for firefighters, police and emergency services.
  • Nevada is a state of Dillon (as opposed to autonomy), which actually means the state tells cities and counties what they can and can’t do. Will the same legal framework apply to Blockchainsberg? If not, and autonomy is sufficient for the corporate city, why not extend that same freedom and opportunity to every city and county in the state?

Maybe the answers to some of these questions are super simple. In their performance on Friday, Sisolak, Brown and Aguero indicated that they seemed to think so.

But the answers to these and other questions are bound to have implications that are really quite complicated, justifying the “open, honest and productive conversations” advocated by Sisolak.

Which brings us to the Nevada Legislature

Even a more or less casual observer (raising his hand) will have noticed over the years that your Nevada legislature is a short-lived, part-time affair that ends each session with a flurry of reckless action in order to achieve this highest and most revered achievement within the circles of the legislative branch of the State of Nevada, ending, if not on time, at least close to it.

The most important fact of this legislative session will be the passage of the Federal Relief Bill by the United States Congress. But no matter what this bill saves Sisolak and the legislature, both fiscally and politically, it will not pay for, for example, a revised public education funding formula that, unless properly funded, will pay off.promises to do more harm than good.

Neither lawmakers nor the governor have come up with what could be described as an aggressive program to help Nevadans through troubled times now and in the future. But whether it is education, mental health, justice reform, energy and the environment, financing of public transport and affordable housing, working conditions, from debt relief to student loans, to fixing the cursed unemployment system – choose your passion – many Nevadans are counting on lawmakers to at least make nice but modest steps forward on the issuesthat matters.

Blockchains LLC doesn’t matter.

Do Sisolak and the lawmakers really want to bog down an already clumsy, time-limited and structurally hampered system on a technical and technological esoteric? Especially in a session where audience members, who will have far more and better questions than the examples above and in many cases a vested interest in the answers to those questions, may not even be in the building. ?

And all for a project promising to invest a billion dollars, which is roughly the same as the cost of your standard, slightly upscale Strip casino hotel a quarter of a century ago?

Serious deliberations, of the kind the governor says he wants to see, on the industry-specific tax alone would be a heavy burden on Nevada’s interim, uh, “citizens’ legislature.”

Sisolak asks that we take this project seriously.

Fine. Let’s start with an independent analysis of a) a political insider who has spent his adult life protecting the mining industry from responsible taxation, b) a consultant who gets paid to tell his clients what they want to hear, and well safe c) Blockchains LLC and itshigh profile campaign contributorof a founder, Jeffrey Berns.

And then, in the unlikely event that independent objective analysis indicates that it’s actually a reasonable idea to give a libertarian tech brother his own town just because he made a killing cyber currency that time around. , recognize that seriously examining the “mechanics and consequences” of the proposal is not something that is going to happen within the confines of a time-bound legislative session during a pandemic.

Take Blockchainsville seriously?

You first, Governor.

The opinions submitted do not represent the views of This Is Reno. Do you have something to say? Submit an opinion piece here.


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