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How a cryptocurrency millionaire intends to build a utopia in US' Nevada

Jeffrey Berns imagines a sort of experimental community spread over about a hundred square miles, where houses, schools, commercial districts and production studios will be built

Photo: Wikimedia Commons
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Photo: Wikimedia Commons

Nathaniel Popper | NYT Nevada
An enormous plot of land in the Nevada desert — bigger than nearby Reno — has been the subject of local intrigue since a company with no history, Blockchains LLC, bought it for $170 million in cash this year.

The man who owns the company, a lawyer and cryptocurrency millionaire named Jeffrey Berns, put on a helmet and climbed into a Polaris off-road vehicle last week to give a tour of the sprawling property and dispel a bit of the mystery.

He imagines a sort of experimental community spread over about a hundred square miles, where houses, schools, commercial districts