Auckland Council and government still to finalise bases location.
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This is a chance to change bitcoin into a hard asset.
"Looks like we have a Greatest Fool to be minted very soon if this goes through!"
The land could be held by the council but the port business is another matter, says councillor Christine Fletcher.
"Council should at least actively explore how to release value from such assets where there is clear and obvious benefit to the ratepayer. Keeping the ports land and looking at the operations sounds good to me."