https://en.wikipedia.org/wiki/Silicon_Valley
But if this will take away the rights of the people then this is nothing but a BS place.
When Facebook, Google, and Apple expand, they buy up acres and acres of land where people are going to be displaced because the city mayor had to sell them. Many residents of course protested but these are powerful companies already. You can literally see the homelessness in this part particularly in Bayarea where tents liters.
Now with digital currency, also expands the gaps between rich and poor. You might also end up selling the BTC you have in panic when the whales are dumping their coins as bear market comes.