Magnate wants to build crypto city in Nevada and make his own laws

RT published this video item, entitled “Magnate wants to build crypto city in Nevada and make his own laws” – below is their description.

Cryptocurrency magnate Jeffrey Berns wants to build a smart city in the Nevada desert which would allow companies to make their own laws. What could go wrong?

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The video item below is a piece of English language content from RT (formerly Russia Today). RT is a Russian state-funded broadcaster.

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In This Story: Cryptocurrency

A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.

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Major exchanges and platforms enable the purchase, trading and swapping of cryptocurrencies. To get started with crypto, register with an exchange or platform such as:

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In This Story: Nevada

Nevada is a state in the Western region of the United States. It is bordered by Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. Nevada is the 7th-most extensive, the 32nd-most populous, and the 9th-least densely populated of the U.S. states.

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