Welcome to the Free Cities podcast. My name is Timothy Allen and this is the official podcast
of the Free Cities Foundation.
Hello and welcome to this episode number 170 of the Free Cities podcast.
Hello indeed. Okay, I have a huge amount to talk to you about in this intro. Please bear with me.
Lots of news, freebies, all kinds of stuff. So listen on. I'm going to start with an exciting
announcement from last week's guest. That's Mitchell Suchner of ArcPad. He was on the show
last week talking about his seasteading resort in the Philippines amongst other things of course
well if you'll indulge me for a quick side note I want to flag up something which is basically his
next endeavor Reef Resort as far as we can tell at least is the world's first operational seasteading
resort that's the one in the Philippines 14 floating units available through Airbnb and
other platforms plus a floating restaurant fish farm it's quite an amazing project and it's already
hosted thousands of guests already well arc pad is planning a second reef resort and you're going
to love this guess where they're building it off the coast of prospera in honduras which is
obviously one of the most important free cities projects in the world great news and as you might
imagine this creates an opportunity especially if you're a listener of this show and you're into
free cities and seasteading in particular you as an individual can pre-purchase ownership in the
prospera reef resort you can do it outright or via fractional shares from as little as one percent
up to full ownership of a unit your ownership percentage determines essentially your usage
rights, your share of rental income, which you can generate from the project, and your voting power
on property decisions. FYI, full units at the Prospera site will start at $95,000, but of course
with the fractional structure, you can participate at whatever level makes sense for you. If you're
into frontier living and the future of ocean-based communities, then this is a chance to get involved
early if you want to explore more i've put a link in the show notes of course
so you can register your interest and get the pre-purchase information it's tinyurl.com forward
slash arc pad that's tinyurl.com forward slash arc pad you'll also help this podcast with a
little commission of course so be sure to mention us seasteading is coming to prosper everyone this
is phenomenal news and talking of actually coming to prospera i'm going there next month that's right
it's time for a new foray for me out into the free cities world in order to gather more exceptional
content for your consideration and i'm going to start with a solid month living in prospera
after that i'll be moving on to the us more on that in the coming weeks but don't forget
the free cities conference is also coming to prospera this year free cities conference.com
as you can sense i think 2026 is going to be a great year for prospera and i for one at least
can't wait to experience it firsthand for myself watch this space i'll let you know as things
evolve right here's a good one for you as well do you remember listening to episode 111 with alex
Martinov. It was called Mindfulness, Inner Freedom and Connecting with Your True Self. You may remember
that my chat with Alex on that occasion was pivotal in my decision to go full-time on this
podcast, a decision that was, as far as I'm concerned, the best decision I made that year. Well,
I was chatting with Alex the other day and he mentioned that he wants to help more people in
the free cities space. So guess what? He'd like to offer pro bono coaching support to people
working in the free cities space. You know what pro bono means, don't you? Yep, it's basically free.
So if your project is at the stage where you can't afford paid coaching support, Alex has a few spots
in his itinerary for pro bono coaching and this is in his own words his way to contribute to the
community. Alex is an experienced coach with more than 10 years on the books. He uses an eclectic
approach that consolidates what he's learned from some of the best coaches in the world.
Typical requests that he works with just so you can understand include time management,
dealing with uncertainty delegation emotional regulation and stress management overcoming
internal obstacles for example limiting beliefs or perfectionism i think that was in my case
at least i had internal obstacles and in fact the way i would sum it all up is basically
alex got me to ask myself what is it that you actually want it's a great episode you should
Go back and listen to it again if you have already.
Anyway, if you feel that you can benefit from working with a thinking partner
who can help you take different perspectives and who can challenge your mental models,
just send Alex a message.
That's alex at alexmartinov.com.
Alex, spelt A-L-E-X, Martinov, spelt M-A-R-T-Y-N-O-V.com
to schedule a discovery call.
Everything, of course, is in the show notes.
gosh aren't free cities folk the nicest people eh free coaching from a very successful
business coach right i told you i had a lot to get through in this intro we better talk about
today's show and it's a return visit by tim stern this week's episode according to the ai at least
is a reminder that freedom isn't a hashtag it's logistics incentives money and the hard problem
of building something that survives contact with the real world. Tim is the founder, of course,
behind Crypto City on Margarita Island in Venezuela. This is a bit of an update show,
but we also talk about why people are leaving Europe, how you can actually build a place
from scratch like he's doing, the politics of being misrepresented and the uncomfortable truth
that the next fight is not going to be ideological it's going to be digital ids cbdc's and what
happens when permission is taken away from you no fantasies no utopias just what's working what's
hard and what it costs obviously this conversation with tim was recorded funnily enough just before
maduro was toppled from power in venezuela and i've actually spoken to tim since then so you can
hear a summary of that conversation in episode or in the news 002 episode if you're looking for
that in the timeline it comes just after episode 165 with rahim tagazad again so it might be worth
pairing both episodes together this one and the news episode for an update but if you don't have
time to listen to the news update here's a quick summary of what happened in one quote from tim
Quotes it bonkers it crazy I absolutely overloaded I on the phone 24 As you will hear if you listen to that or you can probably imagine Tim project was coming along nicely under a so Bolivarian socialist project
So you can only imagine what's going on now.
Right, quick reminder, again, I love this part,
that this episode is lovingly brought to you by Veritas Villages,
our wonderful lead sponsor.
They're building off-grid, freedom-oriented communities in Latin America.
They've got a new 340-acre project, which just got the go-ahead in Costa Rica.
Nearly 400 residences planned for freedom lovers.
They've got places in Nicaragua, Panama, of course, as well.
And if you're a Bitcoiner, you can spend Bitcoin at their communities,
and you can buy your property with Bitcoin, and you can mine Bitcoin.
What a wonderful project.
www.veritasvillages.com forward slash free cities everything's in the show notes oh it's so exciting
in the free city space at the moment there is so much going on what about the free cities listeners
let's go to my subs on fountain.fm a few comments from last week justin bianchi
and i got to the bottom how you pronounce justin's name i'll get to that in a sec he's
First comment here is what talking about last week's show with Mitchell Suchner.
Well, what great ideas would love to see the project grow?
Well, as you know, it is growing now about my handle.
That's just in Bianchi's name.
I married my bicycle and kept her last name.
Ha ha.
I prefer the Italian pronunciation.
I've had to I've had to dig deeper.
I still didn't understand what that means.
Turns out Bianchi is an Italian bicycle.
company and i think probably i just imagined that was justin's name now i'm just gonna go ahead and
conclude it's just a pseudonym as many people on nostra either way justin i'm gonna call you
bianchi from now on which is the italian pronunciation uh next mr rabbit talking about
rahim's episode great project there and actually in my trip to usa coming up this year maybe
investigating someone else who's doing something similar let's say who knows i'll keep you informed
on that one simple comment nice one it was a nice one justin again talking about oh talking about
mitchell suchner again because of all the seasteading episodes you've put out i've gotten
interested in owning a regular sailboat i'm sure there is much to learn from nomadic sailors
well to be honest justin in my experience because i've done a bit of sailing not that i liked it
much but I have done a bit there's a lot of crossover between the two communities just maybe
not culturally but there are a lot of people out there sailing around the world who are basically
seasteaders just living they're just living on a boat they haven't quite cottoned on to the fact
that they're basically seasteading but I think going forwards I think that movement is is changing
fast I think now we've got all these prototypes coming out the future is looking good for seasteading
and boat sailing in general, it is a great way to be self-sovereign as far as I can tell. Right,
let's go. Let's go to the episode I've been rabbiting on long enough. Let's move 1.1 million
tons of earth, shall we? Or at least, why don't we just watch somebody else doing it?
While we are, of course, you included, sitting back,
relaxing and enjoying my conversation with Tim Stern.
do you have a personal instagramer gone me yeah mr timothy allen i think it is
well no or timothy underscore allen it might be it's from my former career as a photographer so
So I don't use it anymore.
Timothy.
It's got 25,000 followers on it, I think.
Yeah, Alan.
All my old.
I've got 100,000 on Facebook.
You're on a plane there, right?
Oh, yeah, that's me.
That's me, yeah.
Okay, Timothy, Alan, and Free Cities Foundation.
How many have I got on?
How many followers have I got on Instagram?
Let me check.
Once I've posted it, I can see it.
Free Cities Foundation.
Put this out.
That's out.
Okay.
And your Instagram account, Timothy underscore Ellen, has drumrolls 22,100.
See, and I don't post any content on it.
Facebook's the same.
I've got loads on Facebook.
I think it may be, I don't know how many it is, but it's from my former career.
There's just no crossover.
It's like I was a photographer and filmmaker,
And then all of a sudden I'm talking about like, you know, democracy is pointless.
But you can drag them over, no?
Do some stories.
It's a very left-wing world, the media world, as you probably know.
And I'm not a lefty.
I'm a middley.
But a lot of lefties think of me as a righty now.
Oh, yeah?
Well, you know what it's like, don't you?
They've gone quite extreme.
The left-right thing is just wrong now.
It doesn't make any sense.
I'm not anything.
Let's face it.
I'm not anything.
I've got a few ideas and a few things,
and that's the long and short of it.
I don't really...
Did you hear that we had an enemy yesterday?
You did?
No, I'm not.
On the conference, it was a German SWR reporter.
What's SWR?
The biggest public channel, SWR.
What, like a newspaper?
Yeah, but a lefty guy,
and he was asking bullshit questions to Andreas Tank,
you know, the red, the pink panther.
And is there anything come out in the newspaper today?
Not yet, but Andreas told me his first question was,
how many billionaires are here on the event?
Well, listen, dude.
I didn't give him an interview.
I told him to fuck off.
Yeah.
The whole thing, look, as this thing progresses,
everything's going to get a lot worse than this.
I can assure you that.
But I won't go into it too much because I've already spoken to hundreds of other people about this.
But the latest one for me is there's a big meme just started that free cities and charter cities are basically is a network of billionaires wanting to live outside the system.
There's this kind of ideal ideology NRX.
It's a Silicon Valley thing, which is to do with, you know, elites running normal people and stuff.
And yeah, I've asked, I talked to Massimo about it.
He is pretty much an oligarch.
He had his view.
I spoke to Prospera all about it.
And because they wrote about Prospera
and what they said about Prospera was just such bullshit.
It was all like, it was half of it was all the left wing talking points
from the opposition in, and the other half was just made up.
Because I said to him like, oh, he said that, you know,
Peter Thiel was an angel investor in it.
It's like, nope.
He said, we're trying to get hold of Teal.
We've never been able to get in touch with him.
You know, things like that.
You know, it's like, yeah, that's what the people on the ground working.
They're saying, I'd love it if Peter Teal was on the phone.
You know, I'd love to get some money off him.
But, you know, like when you, this was ginormous article,
like pages and pages long about the conspiracy.
And then you realize when you get into that conspiracy frame of mind,
everything can be a conspiracy.
like I could I could say one why Tim was late you know what's he was that well I
was meeting with somebody or not even that it's like but because now I might
not get my other interview but you know what's he trying to do it it's like if
you get into that frame of mind everything can be a conspiracy and it's
it just completely annoying basically but I got what yeah I got another one for you then i i was looking through the live stream yesterday you had a comment on one on your video i think
we got some trolls basically who are just slagging off every single thing we do it said
about your presentation nice little development for maduro to nationalize once it's built
there you go come on what's your answer to that then i don't know anything about what's going on
there i can i know who maduro is but what do you what do you think about things like that no basically
it's uh it's arriving from from what happened like before maduro even you know when when the
old president chavez was doing the nationalizing of a lot of stuff but i always respond to it man
listen the things which got nationalized were like big big industries you know like the energy
industry and big big big companies they don't give a shit about your personal house somewhere
on the beach, you know, that's not something to nationalize.
And anyway, they realized they did an error because they took a 180 degree turnaround
and made Margarita a special economic zone to attract investors.
Imagine if the word would go around that even one thing is being like nationalized
and all the billions coming in at the moment, that would retract instantly, right?
It would be a stupid move anyway.
And it's not just that they can come and say, okay, I'm going to nationalize it now.
There's still, you know, like judges and everything.
of course you could counter argue with yeah but they're all bought and they're all from from the
same party but it's not that easy as you think yeah okay let's take it away and good no no that's
not and what's the what's the difference between margarita and the main and venezuela is there
is there a bit of a disconnect there of course yeah margarita is like a german island rügen you
know where you have your mainland and then you have an island and the island is running under a
different uh different operation basically it's special economic zone it always has been the
window to venezuela for all the foreigners uh you know they come to margarita they do holidays they
fall in love with venezuela they buy a house in margarita and then they go to the mainland
but but it and it feels like that does it directives come in from from central office in
but but they're an outpost that kind of have a lot more it's more chill you know it's like
Everything is more easy, you know, and of course you hear what's the talk in Caracas and everything.
All the movement is happening in Caracas.
The big business is happening in Caracas.
If you are in the top 1%, you're probably going to have as well an apartment in Caracas and being there a lot.
I'm traveling quite a lot to Caracas as well.
But live and have a nice life.
That's Margarita.
right so let's talk about crypto city still my least favorite name of a free city ever
as you would have called it bitcoin city well i wouldn't if you really wanted to do to connect it
to all that stuff sure but as you know for bitcoiners like myself the word crypto is literally
toxic yes yes but i don't know the other thing is i think it it it does labor i know that you
It's kind of arisen out of the world of cryptocurrency and Bitcoin and everything.
But I think the word's just too toxic.
But, you know, it's none of my business.
I mean, the literal description would be a DAO city, you know,
but nobody knows exactly what's a DAO until they learn about it.
And so the least, the most easy name was just crypto city.
No, no, it's a great name.
But it's just not for Bitcoiners.
Hate that.
I can already feel them flit clenching as the word is said, because it sounds like...
But even the Bitcoin maxis need to give me a point there that the best form of auto-governing yourself is with a DAO.
Well, I can actually push back on that now, because Vikram, the guy I spoke to literally just before you, he runs Draper Nation.
this is a Tim Draper inspired thing
where they kind of experiment with
different governance models
and he, one of the last big projects
they did is they created an online
country and they put
80% of the running of the country
online
no no no they did it as an experiment
but they got 100,000 people
who signed up, they got 50,000
people who actually claimed a passport
and stuff but it was
it's kind of like, not quite a think tank
it's like a think tank so they were experimenting
And he said to me, he said, look, here are the big takeaways from our experiment. Number one is, don't use a blockchain for anything except money, as in Bitcoin. So use Bitcoin as your money. And he comes from the network state kind of world, and they're normally heavily into the blockchain stuff. He said, don't do it. It was an absolute ball eight. We could have just done it with, you know, normal databases, and it would have been a lot better.
um and and that's kind of like the first time i've heard that from that side of the spectrum i mean
the bitcoin is we say that all the time it's like a blockchain is money you've got a great
application of it which is bitcoin and end of story the other stuff um it's not unnecessary
to to run a dow for example on a blockchain because as a voting system you could create a
you can create a website that's a voting system but so so yeah i i now officially i've always
pushed back from the Bitcoin perspective, but now it seems like there's some empirical evidence.
That doesn't mean the other ways don't work. It just means he said, look, to do it again,
there's no way we're going to try and use a blockchain. They created their own. It's an
absolute ball ache. It wasn't very streamlined. It didn't work very well. You know, we're just
going to go for an old fashioned sort of like, you know, database basically and web applications
and all this kind of stuff or whatever. Yeah, but it's exactly what we do. We use it for money.
we use it for the crowdfunding, right?
So you do?
So you use your...
Did you understand what we do, actually?
What do you mean?
Like, what do we do exactly with the DAO?
I thought the DAO was just for voting,
for deciding who...
Oh, right, okay.
The most important point of the DAO
is that we crowdfund business together, right?
So let's imagine you and me,
we're on Margarita.
You're a part of CryptoCity,
we're maybe exactly our neighbors,
we're going to somewhere
at a restaurant eating and we get to know
a guy at the next table you know
we overhear him that he wants to sell his hotel
so we
come to talk with the guy you know
and he makes us an offer
I said hey listen I gotta go because
I don't know I fell in love with some Indian woman
I want to go to India
I just want to get rid of my hotel
it's second beach row you know
800,000
interesting
now you and me maybe we don't have the liquidity in the moment
right but you and me are very very interested because maybe you have a hotel background you know
maybe i'm the marketing guy we say timothy let's do business together you're gonna run it and i'm
gonna do the marketing but we look at our pockets you know and where maybe we can chime in each of
us a hundred grand okay so we do 200 and we need to raise 600 so what do we do we go home
we write a business plan we do some marketing and then we go inside to the we log into the dow
with our wallet and then we create a new project called Hotel Timothy right and
we just grab the hotel listen second beachfront we'd already did our
research we were there with the architects that are the papers are great
we need 600 grand and we decide to give away 50% of the business for this money
right so now a liquidity pool goes up right and in this liquidity pool people
can chime in USDT right because we don't want to have any volatile money it
doesn't make sense to collect Bitcoin. And then you have a market fluctuation and suddenly you're
8% down, you know, or even better 8% up, but you never know. So we do it in stable coins, right?
So the liquidity pool goes up and then a timer is going to start for 30 days, right? A smart
contract 30 days In this 30 days it our job you and me to make good marketing in our neighbor circles Hey you know okay we have this new opportunity We going to do the hotel it a great idea because like flights are going to come back it a great zone you know we did our research and everything
and then people are going to decide if they want to chime in the money or no.
So maybe somebody chimes in 50, another one 100 grand,
maybe somebody just 20, whatever, and after 30 days,
a smart contract is going to look at the pool,
are we having 800 grand in the pool?
And there's two options.
if the 800 grand are in the pool yes cool money gets liberated and sent to you me whatever
or option b you and me we did a bad job of doing marketing money is not coming together and
everybody gets repaid automatically so you don't have tim running around with the german klingel
you know with the with the with yeah give me your 20 and you 10 and i'm gonna hold on to it until
now and then i go to mexico and say thank you know that that's not the idea right that's what we use
a dollar for of course also for voting and everything but you can also connect votings to
the treasury for example let's say our main water pump is old you know and making problems so we can
open a vote and say hey do we want to replace the water pump that's our budget which we are having
in our treasury at the moment do we want to liberate ten thousand dollars for replacing
the water pump yes or no if enough people vote yes then the water pump gets replaced to a better
water pump and now the water pressure is better in the houses whatever or people say no and we
wait until it dies you know that's why we use it now okay so you're yeah managing funds effectively
that's it yeah so you didn't have a token or anything like that no jesus christ i'm not gonna
have my own money and then it's gonna i don't know i'll lose 50 and then you have the next
scandal and whatever no i don't want a token i never had a token what we have is besides a normal
buy and send contract there's a little nft which represents uh which is just like an extra to your
to your lot you get it dropped into your wallet and that's like your login credentials right you
can't only log into the dow if you have the the nft of the of the plot but it's just a normal buy
and sell contract as well but this is like your login credentials that's it so you the reason that
your the name is so crypto heavy is that because you come from a lot of the people that are involved
in it that your friends come from your group you're back in the day when you were yes i still
have the biggest one of the biggest academies in germany you know where i teach people crypto but
95 of our clients are middle class entrepreneurs in their 40s 50s you know most of them don't even
know how to use crypto i had to teach them when they bought a lot right um of course some of them
are also very crypto heavy and savvy.
But most of them are coming from the normal business background.
Now, I saw you, by the way, try and be careful not to bang that.
I know you said you love the sound, but that's going to be a nightmare.
I can probably clean it up, but it'll be a nightmare.
You're literally adding like 45 minutes to my work.
I'm sorry.
um i watched i managed to see your whole presentation yes the other day which is great
i mean um you know um name aside you are a special economic zone creating a free city
business hub in a place i mean you are a free city project through and through and you are now
building something i've seen you what is it 1.1 million tons of uh earth moved um yeah i mean
it's happening man it's happening literally give us a quick lowdown from everyone that's listening
you know the stage you're at now so what we did the last 18 months is um we prepared a ground
And I had this great idea, which turned out not to be so great,
because it was a lot of work, but now we did it,
so we are pretty happy with it.
I said, when we bought the plot,
wouldn't it be awesome if everybody could kind of have like an ocean view,
because you're not emigrating from Germany to look at your neighbor's house, right?
And we talked a lot with our architects and all the engineers,
and I said, wouldn't it be, because I was in Monaco back at that time, right?
and Monaco is like a huge, you know, like this mountain.
Yeah, yeah, yeah, that's a great word, exactly.
And I said, I can't feel like recreate this for here.
And then they looked at me like, how the fuck do you want to recreate it?
And I said, I don't know, doing like artificial stages, you know,
like terraces and like a big stair, you know.
Then they looked at me, I'm sorry,
then they looked at me like, you know, that's going to be a lot of work,
you know, like a lot, a lot, a lot.
And I said, yeah, I don't know.
let's do it you know how much is that gonna cost us it's hard to say you know it's like but
we could cut the machines here and we could do it and and and it's gonna be a lot of work but we
could do it so that's what we did and it took not 12 but it took 18 months because we extended later
and now we have basically a huge stair on 40 hectares with i think in total it's 42 different
height levels you know you can choose from on 15 big main terrace levels and this is done now
and now we're just starting with the walls you know it's now stones and
cement and a lot of people coming in and working there blimey i know i saw the video
the lot of drone shots it's a vast vast site and you bought more right yeah we had originally we
had 12 hectares now it's 14 and we have buying options to or we lock down a lot of land
in a circle around it just for in case you know that we're going to have like an industry zone
and maybe an expansion zone later and also we try to buy the other half of it for our port you know
and yeah a lot of a lot of negotiations i mean that was something else that i was surprised at
you're actually carving out a port there it's a great project mate you're you know like as far as
like you as an entrepreneur going this is like proper entrepreneurial endeavor i mean i'm a young
guy i don't know shit yeah no no i have a lot of people around me who know their stuff you know and
that's basically bringing the food i know right but but dude you have to be able to think about
that thing like i was vic i was talking the last guy about the same thing it's like my mind doesn't
work like that i would i'm the guy that thinks i could build that house someone else thinks i could
build a city i can't think like that i just i i think in smaller steps than that because i think
they're achievable if i said to you i'm going to make a city i'd be like too much that's like
standing at the bottom of everest and looking at the top and going we're going there i'm like yeah
i i wish you hadn't told me i wish i wish i i'd prefer the false peaks i prefer let's get a camp
one i'm a camp one guy you know what i mean like so so yeah in that sense i've got a lot of respect
for you but i think maybe that might be a function of your age you are young go-getter you know i'm
older you know more chilled more i'd quite like to chill out a bit i think the wiser you get uh
the more you value safety right yes i mean you you had a great career in the last 25 years you
already proved yourself to everybody i'm a young guy you know um i like to do stuff and i like to
sometimes you know put my head through the wall and make things happen which are deemed
and and and possible you know not possible and i like to make things possible well you certainly
are describe the port so that people understand it's not it's not just a little kind of
So a few places to park your little boat, is it?
Yeah, no, it's a port on around 12 hectares.
We had a lot of luck, you know, we're having tons of luck with the project.
I'm not really a Christian guy, I'm not a really spiritual guy, but sometimes I look
to the stars and think the universe tends to love me, you know.
This happened first when we found sweet water on our project.
a lot of land because...
Freshwater.
Yeah, Margarita has a great water problem,
so you always have to buy, you know, water trucks and everything.
And before I was buying this big plant, you know,
to get salt out of the salt water,
I said, let's send a guy, you know, with some equipment
and just check for it, you know.
The probability is like, I don't know, 1% that we have watered there,
but let's just check it out, you know, just to know it.
And, yeah, as you know, the guy comes later a day and says,
holy shit, there's like a big river under your plot of land going into the ocean.
And if we dig in the entrance, there's probably a chance that we have not contaminated water there.
And we sent it to the labs and the result was we could basically put it into a bottle and selling it
because it's 0% salt, it's great minerals and everything.
It originates from the big mountains of Margarita and replenishes.
That's the biggest thing.
We can basically get unlimited water supply from that.
And that saved us around $1.5 million.
And the other thing was, next to our plot of land,
there was always this, it's called a salina in Spanish.
This is an area where the ocean already flows in sometimes,
depending on the season.
So in summer, there's always like 10, 15 meters of water already coming in
because it's basically at sea level.
It's like sand.
so I was seeing this for like a year and a half and this looks like the perfect place to build a
port but obviously I don't know shit about building ports so but the idea was sleeping in my head for
quite a while and then one night I was sitting with my business partner at a restaurant and he
just casually tells me that back in the days he used to build ports and I was like you're shitting
me right and it's like no no I did the port in Margarita back in the days in the 90s with my
business partner i said you did the port in margarita you mean the one in pampatari was like
yes i was like why don't you just speak to me you know and i was like okay is it would it be
possible to build a port there and he was like yeah sure but it's gonna probably be pretty hard
to get a permit right and i was like why is it hard to get a permit for a port a fully approved
port on an island like Margarita is worth very very many many millions of dollars right and it's
still Venezuela so you're gonna have a lot of backlash and a lot of people wanting a piece of
the cake so I decided to buy it anyway and let's look what about all the permissions and everything
and when we bought it I got this huge stash of paper right which usually comes with a plot of
land and margarita the laws are pretty pretty sophisticated you for example you have to have
the history of the last hundred years of the ownership of the plot of land so there's no
shady business going on you know and everything so and when i looked through the papers i found an
old papyrus style document like really old like you know this you know when you have like this
really old paper with yellowing already you know and it's kind of fragile and i looked at it and
It was like a almost hand-drawn thing.
And I was turning it around, turning it around.
Holy shit, that's a port, you know.
It was actually a port already drawn.
And then I investigated.
There was already a port permitted at this piece of land in the 60s, you know.
And this helped us a lot to get a permit again.
Because if it's already been approved back in the day,
why shouldn't it not be approved again, you know.
Obviously, we made our studies.
We had all the people with oxygen tanks and diving around and checking all the pieces.
It was a 185-page long study.
But yeah, it's approved now.
So we can go starting next year, starting to digging out.
Is that one of the first things you do?
When you're building something this substantial,
most people, I suppose, just think about the houses, right?
but infrastructure wise what what do you i mean there's a massive undertaking what
do you do you do when do you let people start building houses for example are you are you
building all the houses or is there any autonomy of the people who are living in who bought the
plots to do that people have two choices um they can build themselves as they want they can do
their own designs get their own architects and do basically whatever they wish to you know on their
four walls basically but we are trying to come up with house models which fit everybody's needs
right we have six seven in the moment and we are kind of creating them with the feedback of the
community so you know the typical german house has like i don't know two or three parking spaces
you know a double garage two levels and maybe a terrace on the roof so that's exactly what we're
trying to do, coming up with the house models and going back and forth with all the buyers
of the plots, with the idea that we can build, I don't know, 30 times the model via Margarita,
for example, or 20 times the via Uvarito or 15 times the via Almendron, where we can
order materials, right, way cheaper, you know, it's basic economics.
If I order 30 windows, I'm going to pay more than if I order 30,000 windows or 3,000 windows.
and we just tried to get the prices down but everybody has three choices right and then
talking about the port the first step is going to be dig down for four meters 50 on a 12 hectares
plot of land this is going to be i don't know 10 12 big jumbo excavators you know just digging for
six months that's uh that's about all do you have to do you do you have to block it off dig it and
And then fill it back up again?
No, basically you leave a strip of land intact and you start digging.
And once you're done with all the walls, we have to create 6,000 cement stars, like this
size.
And you have like your model, you know, out of plastics or wood.
And then you just create the stars on site, you know, we can maybe create 40, 50 a day,
you know, with 2,000 kilograms of cement.
And then you just build your wall with that.
And once you're all done with the walls and the structures,
you basically destroy the last strip of land still intact.
And then the ocean is going to flow in.
That's going to be a fun day, isn't it?
Yeah, we're going to grab it with the drone.
You should get some surfers in there.
It's a bit like you might create a wave.
You never know.
I think it would be pretty dangerous because I think once you have the first,
I don't know, breach of like 10 centimeters,
the ocean is going to come in and carve and carve and carve and it's going to be like...
Yeah.
but you know like when you when you have a river coming into a beach that gets cut off to a lake
exactly if you when it when it's flowing if it's flowing a bit later on not straight away it's
going to be an absolute you could have a great wave there just for probably about 25 minutes
i don't know or maybe even longer i don't know but no well you should do a publicity stand with
a server from red bull or something yeah there you go what um what stage is that at then that the
thought process and actually when you're starting and when do you think it will be finished you know
that port side of it that's a interesting question because i mean the planning is all done more or
less you know where we get the how's it called in english you know the things where you walk onto
to your boat uh the uh it's a floating way yeah yeah yeah but you know what i mean yeah i know
What are they called?
Yeah, I can't even remember, dude.
I've been talking too much.
Whatever you're walking on.
Yeah, the thing that you park your boat at that's floating on the surface.
Key, the key.
Q-U-A-Y.
I mean, that doesn't necessarily mean, it's not necessarily a floating one.
I keep thinking veranda, it's not.
There is a word for it.
We already talked to the manufacturers.
We know how we get it.
We know how to construct it.
The permits is done.
we are looking for investors right now right Because the whole thing is gonna cost close to 10 million bucks And we could do it two ways Normally what we do is we go as we sell our plots right
And we do it bit by bit.
But the thing is, as we have the seasons where the ocean is coming in and retracting after that,
we only have a small time window of six months where we have to basically do all the digging and the cement stars and everything.
so we should have at least like 25 percent of the sum saved up to give it a go so i don't know if we
start next year already maybe some miracle happens and some of your beautiful viewers is a hidden
billionaire and wants to invest and calls me up great then we start next year if not we are
probably going to start the year after that with the port so it so there's no so if you're someone
who's got a plot, when can you start building?
Oh, the houses is another.
You can basically start the houses already, right?
Because all the earth is done.
What we do now is doing the walls.
So, you know, our beautiful compacted stair kind of arrangement
is not destroying itself when it rains, right?
But after that, we are going to do all the asphalting and cementing
and then people can start.
It's going to be next year's summer.
Are you imagining people are just going to stream in and start straight away?
I mean, I don't know what the process is,
but you've got all these people that have bought plots and the option to build.
Like, are they raring to go?
Are these people that are just investing?
Are these people that are like second home so it's not, you know?
You know, most of them are German, right?
You know what's happening in Germany, right?
We have people already in Margarita buying other houses or buying used real estate because they can't wait.
Most of them are really pretty much eager to come and visit.
Most of them are still somehow clawed down into Germany because you have this beautiful new tax now where when you leave the country you have to pay like a hefty sum, right?
It's called the moving tax basically.
My wife just sent me a text.
I just saw it in between interviews.
It said Rachel Reeves planning a 20% business tax if you leave the UK.
20% is still beautiful.
You know what's happening in Germany.
How much?
When you're an entrepreneur and you want to move,
they are going to treat you like you've actually sold your company.
Even if you don't?
Even if you don't.
So let's have a hypothetical company.
Let's say you make a million a year and 500,000 of that is profit, right?
So they're going to treat you like you've sold this million dollar company per year.
So you take it by five, more or less, that's what the tax office is going to do.
So multiply by five, which is five million, and then they pay the German tax for it, which is almost close to 50%.
So they want two and a half million dollars from you just for fucking leaving the country, right?
There was back in the day under the Second World War, Hitler, it was called the Reichsfluchtsteuer,
which is basically meaning leaving the Reich tax, right?
this is the same shit again you know and who has 2.5 million liquid you're not having two and a half
million liquid when when you have a company when you have a company which is netting you 500 000
a year that's just not what it is right i think that's the point it stops you leaving of course
that's to stop you leaving the and basically chain you to the country and instead of thinking about
how could we better our system
that all our rich entrepreneurs are not leaving.
We're just trying to chain them onto the country.
Do you think there'll ever be an about turn?
You know, like Italy kind of did that, didn't they?
They wooed back rich people, didn't they?
I think it's too late.
You reckon?
I think it's too late.
The investment's already happening
in the foreigners' countries, right?
you have all the foreigners coming.
The Chinese are very strong now in Germany.
I think they bought a lot of shares from Mercedes-Benz.
Look at the Chinese, what great cars they're producing now.
I actually got a Chinese car when I came to Prague here with six.
They gave me a BYD.
I was like, what the fuck is that?
But I got into this car.
It looks like a spaceship.
It has a huge touchscreen and everything.
And it does everything automatically.
And you have tons of functions.
and then I looked up the price, 37 grand,
and it looks like an $80,000 Porsche.
Wow.
And I was like, man, this is not the Chinese anymore,
copying everything.
Of course, they took inspiration from Porsche, right?
But they're doing it, and they're doing it for a great price now.
And I think the German car industry is massively effed
in the next 10, 15 years.
The Germans are canceling their own best technology,
the gasoline motor from 2030 it's basically cutting off your main leg for the climate you know
jesus is that is that where a lot of this is coming from climate goals and it's all the co2
you know the the the 0.04 percent in the air and the two percent of it is humanity's fault and from
the two percent one point something percent is germany's fault you know like come on and that's
why we are ruining ourselves like completely i don't know that's the best idea they just blew up
their last atomic plant you know like a week ago in bayern you know and now we're buying the
electricity from france for like triple the price and imagine how they are producing it exactly it's
coming straight from nuclear again what what was going on now do you think is this is this just
is this just low is there is compared is this a conspiracy or is this just people
doing badly at their job like why why is this happening because um it seems like it's quite
obvious that governments are broke and they're rinsing people slowly because they don't make
any money they can only borrow or steal basically and as a result slowly but surely everyone is
getting affected the the richer people are making a move first because that's how they operate
anyway but in the end it's everyone and everyone's fucked but you can see it happening in slow motion
so i i don't believe other people can't i don't believe someone in the the german parliament is
sitting there going you know we've got this things are going pretty good you would be surprised how
many sit there and think they're really the leftists yeah but did they like all right maybe
they look at they're really into climate goals and they're like yeah we're doing really well
but they still have to go home and buy some groceries and they still have to they still
have to look at their their energy bill do you care when you're in the parliament and you're
getting like i don't know 10 15 20 grand a month that's probably that's a good point actually they
their jobs are safe and they get paid quite well, don't they?
I mean, I had this discussion with a German in Venezuela like half a year ago,
you know, like an old pensionist, you know,
one of those which drink a lot of beer all day and don't do shit.
And he was crying about that the crate of beer got one dollar more expensive.
And I said, what the fuck?
Who cares?
And he said, yeah, Tim, but you're rich.
I said, I'm not rich.
I said, yeah, but you don't give a shit about what things cost, you know,
in your everyday life.
It's actually true.
I don't look at the price of a bottle of water, but not because I'm super rich, just because I'm out of the very tight budget I was used to when I was like 18, 19, 20, right?
It's true.
I think a parliament guy who makes 10, 15, 20 grand a month, who does he care if he's strong bananas, he's 30 cent more now or less?
Do you reckon they get 10 grand a month?
I think it's 10 or 11 or something.
So 120 grand a year to be a European parliament.
And I think once you've done your job for like two, three, four years, I'm not sure,
but you get like this several thousand euros a month pension until you die.
Wow.
Yeah, this is all wrong, isn't it?
Of course it's all wrong.
Okay back to Crypto City then Yeah but it a great point because that exactly why people are leaving right It a mixture out of immigration which just makes the city more dangerous
And whoever writes a comment now that this is something you can't do, Jesus fuck, you know.
The German Chancellor Friedrich Merz, he had two or three weeks ago in a conference,
he said that the city's image is changing.
like just a neutral fact you know like and half of germany is protesting now right how could he say
that that's a nazi and whatever they just said that the city's image is changing it's a neutral
facture statement you know and now the germans are how are the germans still so brainwashed like
oh you can't do that look at the city man look at the junkies look at all the all the knife attacks
happening the violations the the 11 million uh muslims now in the country uh wanting sharia law
obviously it's not everybody but there's people protesting in germany with those arabian sword
flags that they want the sharia and people are supporting it and i never understand it you know
the the most support they get from the blue-haired feminists right but in their world the blue-haired
feminists are nothing it's not even women's rights so why do you support it i don't get it
you know and the whole country is falling apart and nobody gives a shit about it i don't get it
so why so why is it happening though what where is that it's either that it's not as bad as
it's made out or there is this cognitive cognitive dissonance that is so off the scale
but it's hard it is hard to understand because um how do you become that is ideological possession
right is that it like your ideology is uh we you know immigration is good so you stop there
so that means everything so and you feel that you feel sorry for someone rightly so who needs to
flee their country to come in to to find a better life but then you don't distinguish between people
that do that legitimately
and people that do that illegitimately.
Exactly.
Immigration is good, actually.
We need people which are skilled
and having money and want to work.
That's exactly why
the Venezuelan government
loves our project,
because I'm bringing immigration
skilled forces,
and they are even rich,
so even better, right?
But in Germany,
we're not doing the immigration
with the skilled rich talent.
We just open the doors
and, hey, everybody come in,
you know, no checks, nothing,
since 2015, basically.
I don't get it.
Do you go back there much?
Germany? Just for the events. When I'm coming to Germany, when I was landing in Prague,
I was landing in Germany first in Düsseldorf. And I'm never happy landing there because this time,
the first thing I saw when I landed in Düsseldorf at the big screen, you know,
where you wait for your luggage. VW has a very big crisis, 25 billion euro loss, 15,000 jobs
canceled you know and i was like oh shit i'm back in germany you know and you know and then you had
the people of all the long faces and everything and why do i wait one minute for my package now
i hate my life and i told her hey in venezuela we're happy if our package arrives you know
chill and have a little chill but what about the kind of stuff like the other stuff you were
talking about the general state of the place do you do you actually you genuinely notice that
yeah every i'm every year i'm coming back i see it worse like actually like the potholes are
growing you know the filth and the trash is growing the junkies are growing you know i hear
every kind of language but except my own you know i was very surprised of prague i was very
surprised of prague again it's clean it's organized it's safe we had a little trip with our
conference attendees,
we were out until 3, 4 a.m.
This was feeling like
Germany 20 years ago.
We were at bars, 4 a.m.
Nobody was stirring up trouble.
Everybody was happy.
It was a karaoke bar.
Women were there alone,
you know, not having any problems.
Great.
You see a lot of children
walking around the city as well,
don't you?
It's really interesting.
I agree with you there.
Do you know the other thing
that I've noticed
is people dress well here.
like when you go into a restaurant there's a coat rack covered in like proper coats you know what i
mean not like you know like back home people wear all kinds of jackets puffer jackets this that yeah
when you look at the coat racks here i know it's a simple little thing but they're all world coats
i do like that i i know i'm i'm racist for saying it but i do i do really like that and culture like
we used to be in the 80s 90s look at pictures from the 60s 70s how people were dressed awesome
i know but that's not even like if i think back to the uk that's just badly dressed people that's
nothing to do with immigration or this that the other people are not caring culture yeah they're
not but why is that because why why did they lose their culture that i don't know it's just a mix up
i think in your generation when you did something at home which was not quite cool with mom and dad
you got a lot of backlash right and now today in the day you have like this laissez-faire parents
you know like oh maximilian justus that's not a good thing you're doing we should talk about it
two hours you know when i was doing something stupid when i was four years old i got a fucking
slab you know like i stole something once in my life when i was five years old i stole a little
ice cream spoon and i got the club of my life you know and she made me go back to the ice cream man
and say sorry and it's never never gonna happening again and after that i never stole something in my
life again you know um talking of that dressing up thing i have an interesting kind of observation
about that i won't say who it is but if they're listening to this they might know and i don't mean
in any ill way but it was interesting someone involved in the sort of free cities movement kind
of um point mentioned that they you know we have a dress code at the conference and they were they
were a bit scathing of the dress code they said look when i i visit politicians and that you know
i wear a hoodie and it's and i've done deals at very high levels you know okay i agree so what
in that sense but also so what it's like someone someone's it's like if someone had a wedding and
they said it's it's dress code is this would you just turn up in a hoodie it's like but it but it's
an interesting thing isn't it it's an interesting way to think about i i shouldn't need to dress up
that attitude i find weird because that is that is something else that is you agree yeah yeah this
is how i am why wouldn't you want to dress yes why you look good you look sharp you look but but
not even that the the issue here is why should i dress up and the answer is because someone asked
you basically like like i say i use the example of a of a wedding i would if you came to my wedding
i'd say smart dress i might even say black tie i'd have 18 my 18th birthday back in the day was a
black tie it was beautiful but if you turned up in a hoodie it would be it would be a bit
disrespectful disrespectful and i would feel weird because everybody else is having a suit and i'm
coming in i was feeling weird because i forgot my tie and when i was at the panel discussion
everybody had a tie and i was like shit i didn't i don't i didn't wear a tie i bought a tie but
when i put it on i realized it's so uncomfortable and um i i just pop in and out so i feel like i
can get a i get a bit of a get out of jail free card because i like short sleeves and you know
um but no it's it's but yeah and you notice that walking around even coming home i was coming home
went to 10.30 the other night.
Some kids walking with their mom and dad.
Even the kids had nice coats on.
Yeah.
Like, I'm surprised.
And they were friendly kids.
Yeah.
I don't see any of the usual
wah, wah, wah, wah, doing all.
I wonder, so why do you think that is?
You know, like, is it something,
is the world going to catch up with Prague or do you think it going to I have no idea about Prague government I don know if the leftist rightist or middle but I would guess that they are probably more on the national side right
of being proud of your country,
the exact thing they got rid of in Germany, right?
Because when I was in school, they told me I can't show my flag,
I can't be happy about being a German.
it's all Nazi stuff, you know.
And when I came to Venezuela, I was so confused.
Everybody has a Venezuelan flag at home.
Everybody loves a national dish.
They sing the national hymn in the radio at 8 a.m.
There's the Venezuelan hymn coming on, you know, like the...
But the Venezuelan one, right?
I was like, why are those people all showing their flags, you know?
But after a while, I get it, you know.
They are proud to be a Venezuelan and there's nothing wrong with it.
And for me, this was wrong.
Being proud of your country is wrong
because that's what they told me the last 27 years.
But are you proud of your country?
Not now.
When I was a kid, I would have been proud.
But in the moment, I'm not proud anymore.
Because what do Germans have?
They don't have any resources like the Venezuelans do, right?
They have gold and oil and everything.
What the German always had was culture and was ingenuity
and they were good engineers, right?
And they're building stuff.
and it was basically the thing which made us what we did you know Mercedes-Benz and Porsche
and doing all the technology and the name made in Germany still in the Latin American country
somehow counts for something but we're losing that in the moment right made in Germany is not
made in Germany anymore Germany now has bureaucracy and expensive products and
new features in Mercedes cars nobody wants and it's all it's it's losing you know it's
I'm not happy with it in the moment.
So when you think back to CryptoCity then,
what percentage do you think you'll have will be Germans there?
Large?
I think 80% maybe.
80?
So do you think they're German?
These are old school people.
These are heavily filtered old school German people,
which I would happily call a friend everybody.
Right.
So there's going to be a bit more solidarity
with the German meme, do you think?
Yeah, yeah, yeah.
No, everything.
The people we have are great people,
hard workers, ingenuous, smart people.
How's the whole voting system going?
I should, for anyone that didn't listen
to our last conversation, it's fascinating.
Let me tell them what happens.
But basically, if you want to join this community,
you basically have to go up against all the other people
who are already in the community.
So you have to present yourself online
online and then secretly they all huddle around with the dow i take it and vote yes or no it's
like what shall we let this person into the community i mean i just think that is a it's a
hard thing yeah but especially with a large place like that because most people would say we just
want as many people to to come here as possible because we've got to fill all these houses you
know yeah it's a hard thing and i got a lot of hate for it i'm called an extremist nazi ultra rich
a global community
from who?
yes
a lot of online people
oh not from the people
that get rejected
or whatever
oh yeah
that's another thing
once they get rejected
mostly they still come
to Margarita
and buy a house
which is not something bad
you know
like I'm happy
for everybody
buying a house
and putting in a dollar
into the economy
of Margarita
but those are the same ones
starting to hating
then now
you know
it's all bullshit
and it's not
it's not advancing
and blah
and fuck you
you're here because of me
you're here because
you saw my german tv documentary you were here because you looked at the construction site and
you're just jealous now because it didn't get voted in but in the end of the day who am i gonna want
to spend my time with in a world which gets crazier and crazier which get more which gets
more globalists and more crazy about the day i want to having i want to be back in my tribe i
want to have strong people which i can rely on which i can do business with which i know which
have my bag and I have theirs that's exactly what I want to have and if we are building this place
right now why would I fit it with people I don't know and I don't give a shit about everyone who's
bought now is a guy or a woman or a man I've spent at least two three weeks of my time with in
Margarita which I have seen on several events which have been voted and vouched for by their
neighbors and friends which i know hey of course it's gonna be awesome maybe maybe i i have a slip
up with one or two at 300 people right you can't know for sure that everybody's gonna show their
true car or not gonna show their true colors and then put on a fake thing in 10 years you know what
do i know but i think if the dna of the community is formed right now then the next generation and
their kids maybe can preserve what we are doing right now maybe if we form this right now very
hard and very very selected then I think it's it can be something which in yours for a lot of time
it's a I mean that there's a that theory played out in the states if you think about it that kind
of frontier attitude the Constitution everything you the way you described it last time which was
very funny and I think very cool is
you said that they
just we're going to populate it with
what you would call normal people from the 90s
yeah normal people from the 90s
I still use that phrase
not
people which went crazy
I had a people I had a guy
asking me I don't know if I told
this already in the last episode or if this happened
after our last episode I had a guy
calling me up and said to him I'm interested in a lot
but before we continue
our interview I want to know if people are vaccinated there I said I don't know I'm not
you know are you no of course I said why is it important to you and he told me because for him
it was like an intelligence test you know and I said let's put it to the test I wrote in the group
I called up some people are you vaccinated and the amount of backlash I got if I'm crazy and
they would never do that and whatever was interesting so I had a correlation of ah
you have a successful entrepreneur being frustrated with germany who wants to emigrate and is
not being vaccinated thing you know i've just found it really interesting and no i mean the
i mean especially if you're talking about the covid vaccination it was a massive we just talk
about the vaccination of course they're vaccinated maybe for rabies back in the 90s i don't know
Yeah, but that whole episode was a very, very interesting thing to behold.
And I think if you were of a free mind, if you are the kind of person that does, you know, appreciate liberty,
and you did resist, you did bloody well.
I think you did really well.
And I think if you, I think you'll never go back now because I think you will notice all kinds of versions of that going forward.
And if my experience is anything to go by, I wasn't bothered, but by luck, I went a certain way.
I won't say which way because it's not important.
But now I have gone a certain way.
I've learned a lesson.
and but it could have gone either way because i wasn't really thinking about it the only reason
that i went the way i did in the end was because push came to shove and i was like hold a minute
something weird's going on here now but in the beginning it was just like whatever
it was when it was made into a thing and so now i'm eagle-eyed to look for the next version of
that and i think that goes for it doesn't really matter which way you went on the vax
for or against, as long as now you know,
do you feel regret or do you feel good?
Either way, you've learned your lesson.
Because the next time it's going to be something else.
It might not be a VAX, it might be something.
Digital ID and CBDCs.
Yes, it will.
It's 100%.
That's the next thing that's going to happen.
But, okay, let's talk about that then.
Because that's going to be a very, very, very difficult one to ignore.
CBDC, I can see that happening.
The only way it's going to be hard for me to resist a CBDC
is when they require taxes in my country to be paid in the CBDC.
And at that point, I may even be out of the country.
I don't actually know.
But digital ID is going to be very difficult in the end.
And the funny thing is, in thinking and talking a lot about free city projects,
digital ID by itself is not a bad thing.
No, of course not.
And in fact, you need it.
I mean, Prospera's got digital ID.
I have an incorporated company in Prospera.
And as a result, I get an ID.
If I want to go into Prospera, I have to show my ID card.
You know, you need that.
So, but so, and, you know, that's going to happen.
And they've said in the UK, within the next three years, we're going to have it.
And it's not going to be mandatory.
But it's going to cost you £85.
This is what they said anyway.
It's going to cost you £85 to prove your identity when it's needed.
you know which is just another way of saying yeah you've got to get this thing um but but the time
will come where not having a digital id will make your life pretty miserable i think it's going to
be so so so i'm i i haven't worked out what the hell my strategy is going to be yet with this
because obviously i'm vehemently against a government the government the way the government
is doing the digital id thing but i don't know what i'm going to do i'll be honest with you
because it's going to affect travel.
Yeah, but it's going to come all over the place, isn't it?
I mean, like what happens when you can't enter the UK
without a version of digital ID?
Other countries are going to have to follow suit, aren't they?
The national, the Venezuelan government's going to have to have one
because they're going to have to want to integrate
with the digital system in Europe for people,
tourists coming in and out and business and all this kind of stuff.
I don't and and and like I said earlier I also don't by its nature digital ID is not a bad thing
ID is good and if you build a place with a wall around it you need an ID system there's there's
very there's there's decentralized um you know versions of ID that aren't intrusive in existence
but they're pretty niche at the moment and I don't imagine them suddenly appearing you know
like in the next sort of like 20 years on mass,
most people are just going to fall into the digital ID thing.
And I am undecided about how I'm going to deal with this year.
A bit like I was when I started thinking about the vaccine actually,
because I may have not wanted it or I may have wanted it.
But when it came to it, there was someone telling me,
you can't travel with it without it.
That's an issue for someone like me and someone like you, you know,
we have to travel.
There's ways around it, obviously.
but with digital id there will be ways around it i am sure what they are i don't know um but but and
and and whether i want to do them or not but what i worry about is ending up in a world where
the non-digital id people or the non-state digital id people are are just isolated and
i don't know whether we want that i don't know what do you think
digital id in combination with cbdc's is going to be the downfall of everybody right
if you don't know what i'm talking about just think about a national co2 crisis where suddenly
you're only allowed to buy two kilograms of meat per month because they're producing so much
methane you know and oh sorry your co2 budget has been eliminated or you want to go to holiday and
because of the crisis you just can't go
because we already had one flight this year, right?
Sorry, Mr. Tim,
we cannot use your wallet
to pay for this flight, right?
And this is gonna be
basically the wet dream
of the Chinese social
credit score system
where you lose points
for a tweet against something.
For me,
I want to get as far away
as possible from that
and I think the continent of Latin America
being two or three decades behind
is going to be the place where I'm going to be
without all that at least two or three decades more
and maybe we can somehow survive without it down there
but let's see, I hope the public backlash of that
is going to stop it even more or slow it down or whatever
and if you are
cornered against
the wall and you can't do anything
about it, maybe you've got to go to a free city.
But even a free city
will, there'll be
like I say, there'll be digital ID.
There will be digital ID but in another form.
I don't know.
It will be another form. This is
the thing, I think this is
it's almost like we need, like you say, we need
30 years to
just freeze it to give people a chance
to sell the idea of a different version of digital ID.
Because I think, to what you said about the fact
that linking digital ID with CBDC is a disaster,
absolutely, I agree with you.
But we have a parallel system, fortunately.
And between you and me now, we can deal in Bitcoin
and no one knows anything about anything.
It doesn't matter whether we've got a digital ID or a CBDC.
It makes absolutely no difference.
obviously the on-ramps between Bitcoin and CBDC will probably get closed down in some shape or
form or just restricted. But that doesn't matter. Because once we're all transact, I mean, I already
transact in Bitcoin regularly with people, you know, so that will only get better and better and
better And probably the introduction of a CBDC will probably give that acceleration Yes exactly So that side of it I not too worried about In fact in a way it like it be quite good fun when that happens
because as everyone goes through that notion of understanding what Bitcoin is,
slowly but surely, it's an easy choice.
It's a no-brainer's choice.
I don't know how people are still not everybody into Bitcoin.
How the hell?
Yeah.
but the the other side of it which is you know the you know the the movement quotas and the the
social credit thing that is an issue because it's there's freedom in the digital world and it's
bitcoin but there isn't freedom in the physical world there's someone standing between you and a
train or a bit of technology that says no tim you can't get on the train you your credit score's too
low or the plane or even someone with a gun god forbid saying you can't come through that is
different and there is no there is no algorithmic solution to that other than you know like hacking
the system or something and i'm almost certain that's going to happen left right and center
however i don't want to be that guy i don't want to be traveling around the world and on fake ids
and fake whatevers, you know, that's not my style, you know.
I want to, yeah, I don't want that.
But I also don't want to be trapped in one corner of the world
where freedom lovers live, which might happen.
My dream is the parallel system,
but that's difficult in the physical world.
True, true.
I mean, it's a hard, hard question without a solution in the moment, right?
I would probably...
Well, you've got a pretty good strategy.
Your strategy is let's build somewhere nice,
ride it out and see what happens, isn't it?
Really?
That's kind of part of it, for sure.
Surround yourself with good people,
open strong businesses,
be financially very strong and influent
and hope that you kind of go through and ride it out.
And a lot of what goes on in a place like,
you know, Crypto City is going to be people discussing this.
yeah this how do we circumnavigate this how do we change this how do we whatever which is good
you know and i think that's you know i'm a big proponent of getting people like many people
together in one place it's a good idea because we are i think we're a minority quite a minority
and we all it's only like three days a year and in this three days a year you get so many contacts
and mind viruses and whatever, right?
Imagine that 24-7 with your own beach club.
Yeah, you know what is going to happen
when you have 300,
I always tell it in German in my speeches,
300 little Duracell batteries, right?
And all of those entrepreneurs being like,
and they sit together 24-7,
what the fuck is going to happen?
Obviously, there's going to be hundreds of companies,
there's going to be solutions to things
we're not even dreaming about of yet, right?
Having your port in front of your door,
you have a little boat you go to another island you do a weekend on kochi or kubawa you come back
you know you work on your business again then you have a short little trip to dubai because you need
to do some business there because the airport is five minutes from your home it's gonna be huge and
great you know what's your um like 20 second pitch of crypto city like you also said it a few times
say it say it now whatever it is what elevator pitch of crypto city yeah yeah but a really brief
one not like because i know but you like i was just thinking it is like you say something like
high net worth like liberty minded high high net worth or freedom minded or basically um what i
describe crypto city like really briefly it's uh 40 hectares of land in margarita island very far
away from europe where you have 300 high high level high net worth entrepreneurs living together
and doing business.
Yeah.
That's about it.
But the cultural component is important.
You don't seem to talk about that.
But that's, it's a massive,
not only is it important, I think,
in the fact that, you know,
that's what's going on,
but you have a bloody vetting process
specifically to vet people out who...
Hand-selected.
Right, okay.
But you never seem to mention that.
I don't know why that is.
I always mention it.
It's on the homepage.
No, but like there, that pitch there,
it was like high net worth individuals.
yours maybe it's because of my subconscious funnel structure subconscious funnel structure i want to
attract everybody have them on the phone you know all right and then i have a lot of people yeah
what i learned is um i have two neighbors actually who thought they were too small
to be a part of crypto city both multi-millionaires by the way but only having one that one has like
only 1.8 million and the other has only like two and you're like oh i thought i'm too small
no you're not
I'm not giving
any importance to your net worth
of course you should have
$2.50 in your pockets right
because you're going to buy a plot which is I don't know
maybe 100 grand and a house for like 250
so you should bring 3-400 grand
but then we have
a little bit of money to invest together
but as long as you're on the same values
on the same wealth length
and you're a great guy
and you're not exactly poor fine
that's all we need you know we have people from
from a million up until 500 million.
It's a mix to everything.
And you're going to have a boundary
and you're going to have services inside
that are kind of like a small city services and stuff.
Yeah, yeah, yeah, of course.
Restaurants and gardening and security service
and, you know, air condition, medical.
Yeah, it's a little city.
It's not a huge thing, you know.
40 hectares is big,
but it's not like an actual Frankfurt city or something.
but the infrastructure of Margarita is really good.
I mean, you have the huge malls, you have the clinics,
you can do brain surgery in Margarita if you want, it's really crazy.
You have all kinds of fun things to do It a huge island It 1 square kilometers That a third of the size of Mallorca with half a million people there
It's not a rock somewhere where nothing's existing
and nothing's happening.
We'll wrap it up soon.
But before you go, let's talk about going forward,
timescales, the next sort of, I don't know, up to you,
year, two years, five years, whatever, months even.
I think up until December we're going to do waltz, the contingent waltz, right?
We are done with the terraces now, it's the waltz.
In Venezuela there's a really funny law I'm kind of not a really fan of.
In Margarita they put the hammer down on the 15th of December
and then they are like a month of freedom, right?
Christmas and everything.
And then the first two January weeks nobody's going to work on construction.
because last year I was at the typical
German, 2nd of January I was at
the site and I was like, where the hell is
everybody?
Let's go.
Nobody's going to come until
the 15th. 15th? Are you crazy?
Whatever. I think
boards until December
continuing in the first
quarter of the year
2026 and then
we're going to do asphalt and cement
and then around
autumn. Cement is
for the road, under the roads
or for the plots?
Roads.
Right, yeah, and then asphalt on top.
And then the plots themselves, they can
basically construct once we have done
the wards, right? So I think next summer, next autumn
we are going to start the first houses.
My business partner, my Venezuelan one
explained to me, Tim, there are three factors
influencing a construction
site and it's money, money
and then money, right?
Depending on the people, right?
If somebody pays up the entire house, obviously it's going to be faster, right?
But if you do it in milestones, which we normally do, you know, the foundation is a milestone,
and then the walls is a milestone, the roof is a milestone, the interior color is a milestone, whatever.
It's up to people's speeds, right?
Because you still have to somehow get the money to Venezuela first,
because, you know, it's all sanctioned and banking problems and blah,
and your bank is going to ask once you send the money,
where is it for, what is it for, you know,
and you can't exactly say,
even as well in the construction project,
because they are going to show you,
it's not going to happen, right?
Really?
Even if you want to spend it on a...
Why?
Sanctioned.
Is it?
Of course, it's sanctioned to death by the Americans.
I did not know.
I did not know that.
Since 2016, 17, that's why they are so in the crisis.
I did not know that.
What about Europe?
Is it sanctioned?
Do Europe sanction it?
Europe is having a fluctuating stance.
When they had them sanctioned at some point of time,
then they unsanctioned.
In the moment since the last elections,
they are on the sanctioning side again.
Bloody hell.
So, and you said earlier you were looking to raise for the port.
That's going to be interesting then, trying to get 30 million.
Bitcoin.
Oh.
that's exactly why we are gonna need bitcoin in the future and we're gonna need it even more than
we need it now once cbdc's are coming once total control is here the blockchain doesn't care if
you send 10 bucks or 10 000 bucks right and that's something which i am now most people buy bitcoin
because they want to have the gains right but fuck the gains it's nice but your liberty is really
the most important thing if you are sitting on a block of money in europe and you want to get it
out there's going to be a point in time in germany where they're going to disallow that
and they're going to tell you you have to get permission to send your money if i send
20 000 from a european account to america i already see this i already see the consequences
you know like proof of funds and where's it coming from and where's it going to and why and
do you have an invoice fuck you it's my money and if i want to send it to the prince of nigeria
you have to allow it to me, right?
No, it's all for scam protection and blah.
No, it's not.
You just want to know where my money is going to
and you want to plug it.
And it is only going to get worse.
And once it's a CBDC,
Jesus Christ, it's so easy.
I mean, at least there's a bit of friction
between banks and central banks and stuff at the moment.
But Jesus, CBDC.
With the pushover button, you're out of the system
because it's a bad tweet.
and if you think this is something crazy right now did you think it was possible to be locked
in your house for two years 10 years ago yes exactly he so okay positive positive positive
positive content it's all good for the algorithm youtube yes recommendation please thank you
no it's for me mate i'm positive i'm always the one blackpilling
because most people come in here with a really positive attitude and i have to push back on
things and i that's my part of my job but um so so walls until q1 roads until q3 and then start
building the houses wow that's the that's the plan maybe we're going to do a demo house before
because uh all the people are always crying about oh what about the houses what about the houses
yeah man maybe we should do the foundation before the houses right but maybe i'm going to do a demo
house just to shut them up you know well if you do one road in before you do all the other ones
is a probably a good idea isn't it it's kind of annoying because you know you have to connect the
roads and you're gonna need to make sure that you don't have the cracks in the cement and you should
do everything in one go you know if not you're gonna have cracks later but um maybe we're gonna
build a house on one plot without even any roads it's a hassle to get the stuff there but um
so be it show house well fantastic mate and congrats on um moving forward thank you you know it was a year
ago literally probably to the day that we spoke last and you what you said was happening then is
happened so you know you're following through which is always a good sign slimmer now i was
really fad in our last interview you were that's probably the stress yes you're gonna get a lot
thinner after this i hope so you imagine when you wait till you start building houses mate i've
you know i've built a house myself and i'm a really chilled out person and i got irate with
the builders now you times that by 300 i'm so happy that i have my business partner who's
40 50 years in construction because i asked the same question to him once
louis uh what is going to happen when we're going to build 100 houses
it's gonna be crazy it's gonna be i don't know 800 people on the construction site and all crazy
and he was just laughing and said made my biggest construction site had like 10 000 people working
together i'm doing this sleeping you know on my left cheek you know so chill you know it's gonna
yeah that's nice yep that is very nice well listen tim thanks for coming in again and good to see you
and I will see you.
Actually, I'm trying to plan a trip out,
inspired by Peter's trip out there.
I want to come to Central America next year
because there's a lot going on,
regardless of the fact that the conference
is going to be in Prosper next year.
But I want to come out.
I want to do Panama.
There's a lot of things to see there,
Costa Rica, you guys, you know.
So, yeah, hopefully it'll be sooner rather than later.
Do Margarita as the last,
because if you're coming first,
you're going to have bad experiences after all this
because Margarita is just the best, man.
What's the flight situation in and out of Margarita again?
In like Europe, connecting with Europe?
There's a funny direct flight from Moscow,
from the Russians to Margarita.
There's a Polish flight.
But you can't fly from Moscow to...
Margarita straight directly.
No, no, no, but you can't fly to Europe from Moscow
because of the war, right?
I think so. I don't know.
Well, I had an Aeroflot ticket.
just the just they just cancelled and didn't even give me the money back
funny enough to Mongolia from Moscow and yeah I've never been able to use it
yeah yeah you're always gonna be probably be with Madrid Spain so you go
to Madrid Spain and then you go to Venezuela and then how do you get from
is it crackers or is it go straight yeah but there's like eight flights a day to
Margarita it's just a half an hour hop you go to is it so it's it's Spain to
venezuela direct because i was thinking if i come in one way and come out the other way
yeah okay yeah would be possible and easy to stay places in margarita i take it oh i have a little
hotel now in last time i didn't have it but i have a posada now so you can have a free accommodation
oh you you bought a hotel or you no a posada what's that a posada is not a it's like not what
you imagine a hotel a posada is like several apartments in a u-shape with a big pole in the
middle right it's like a holiday house something like that finca finca yeah some yeah with several
apartments right okay cool nice one thanks mate and good luck with everything see you next time
and thank you next time press the bell don't forget to subscribe and everything right because
timothy is gonna have a million subscribers yes on the road to a million see you mates bye cheers
I'd like to take a couple of minutes just to tell you about what I think is one of the most
interesting real world freedom projects that we've come across recently. If you've been listening to
this podcast for a while, you'll know that I'm always looking for things that actually exist,
not the concepts, not the renderings, but real projects where people are already building the
future. And this brings me to the Reef Resort, developed by the seasteading company ArcPad,
founded, of course, by Mitchell Suchner, who, many of you will remember, was the winner of
the Innovation Award at the 2025 Free Cities Conference. The Reef Resort, as far as we're
aware, is the world's first operational seasteading resort. It's located just off the coast of Samal
Island in the Philippines, where ArcPad currently operates. 14 floating units available through
Airbnb and other platforms, a project that has already hosted thousands of guests in both their
accommodation and floating restaurant. Now, here's the development that will be especially interesting
to listeners of this podcast. ArcPad is planning a second reef resort, this time off the coast of
Prospera in Honduras, one of the most important Free Cities projects in the world, and construction
is intended to align with the 2026 Free Cities Conference. So this is where the opportunity
comes for you. You can now pre-purchase ownership in the Prospera Reef Resort. Ownership is available
either outright or through fractional shares, allowing you to purchase from as little as 1%
up to full ownership. Your ownership percentage determines your usage rights, your share of rental
income from the eco-resort operations and your voting power in property decisions. This also
gives you the opportunity, of course, to be part of a pioneering ocean-based development within the
Free Cities ecosystem. Full units at the Prospera site start from $95,000, but with fractional
ownership available, you can participate at whatever level suits you. If you'd like to
explore this opportunity, I've included a link in the show notes where you can register your interest
and access the pre-purchase information. If you're interested in Free Cities, Frontier Living,
and the future of ocean-based communities, then this is a chance to get involved at the ground
floor. Seasteading is no longer just an idea. It's happening and now it's coming to prospera.