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Welcome to the Free Cities podcast. My name is Timothy Allen and this is the official podcast

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of the Free Cities Foundation.

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Hello and welcome to this episode number 170 of the Free Cities podcast.

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Hello indeed. Okay, I have a huge amount to talk to you about in this intro. Please bear with me.

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Lots of news, freebies, all kinds of stuff. So listen on. I'm going to start with an exciting

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announcement from last week's guest. That's Mitchell Suchner of ArcPad. He was on the show

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last week talking about his seasteading resort in the Philippines amongst other things of course

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well if you'll indulge me for a quick side note I want to flag up something which is basically his

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next endeavor Reef Resort as far as we can tell at least is the world's first operational seasteading

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resort that's the one in the Philippines 14 floating units available through Airbnb and

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other platforms plus a floating restaurant fish farm it's quite an amazing project and it's already

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hosted thousands of guests already well arc pad is planning a second reef resort and you're going

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to love this guess where they're building it off the coast of prospera in honduras which is

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obviously one of the most important free cities projects in the world great news and as you might

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imagine this creates an opportunity especially if you're a listener of this show and you're into

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free cities and seasteading in particular you as an individual can pre-purchase ownership in the

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prospera reef resort you can do it outright or via fractional shares from as little as one percent

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up to full ownership of a unit your ownership percentage determines essentially your usage

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rights, your share of rental income, which you can generate from the project, and your voting power

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on property decisions. FYI, full units at the Prospera site will start at $95,000, but of course

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with the fractional structure, you can participate at whatever level makes sense for you. If you're

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into frontier living and the future of ocean-based communities, then this is a chance to get involved

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early if you want to explore more i've put a link in the show notes of course

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so you can register your interest and get the pre-purchase information it's tinyurl.com forward

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slash arc pad that's tinyurl.com forward slash arc pad you'll also help this podcast with a

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little commission of course so be sure to mention us seasteading is coming to prosper everyone this

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is phenomenal news and talking of actually coming to prospera i'm going there next month that's right

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it's time for a new foray for me out into the free cities world in order to gather more exceptional

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content for your consideration and i'm going to start with a solid month living in prospera

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after that i'll be moving on to the us more on that in the coming weeks but don't forget

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the free cities conference is also coming to prospera this year free cities conference.com

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as you can sense i think 2026 is going to be a great year for prospera and i for one at least

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can't wait to experience it firsthand for myself watch this space i'll let you know as things

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evolve right here's a good one for you as well do you remember listening to episode 111 with alex

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Martinov. It was called Mindfulness, Inner Freedom and Connecting with Your True Self. You may remember

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that my chat with Alex on that occasion was pivotal in my decision to go full-time on this

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podcast, a decision that was, as far as I'm concerned, the best decision I made that year. Well,

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I was chatting with Alex the other day and he mentioned that he wants to help more people in

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the free cities space. So guess what? He'd like to offer pro bono coaching support to people

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working in the free cities space. You know what pro bono means, don't you? Yep, it's basically free.

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So if your project is at the stage where you can't afford paid coaching support, Alex has a few spots

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in his itinerary for pro bono coaching and this is in his own words his way to contribute to the

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community. Alex is an experienced coach with more than 10 years on the books. He uses an eclectic

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approach that consolidates what he's learned from some of the best coaches in the world.

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Typical requests that he works with just so you can understand include time management,

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dealing with uncertainty delegation emotional regulation and stress management overcoming

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internal obstacles for example limiting beliefs or perfectionism i think that was in my case

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at least i had internal obstacles and in fact the way i would sum it all up is basically

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alex got me to ask myself what is it that you actually want it's a great episode you should

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Go back and listen to it again if you have already.

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Anyway, if you feel that you can benefit from working with a thinking partner

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who can help you take different perspectives and who can challenge your mental models,

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just send Alex a message.

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That's alex at alexmartinov.com.

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Alex, spelt A-L-E-X, Martinov, spelt M-A-R-T-Y-N-O-V.com

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to schedule a discovery call.

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Everything, of course, is in the show notes.

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gosh aren't free cities folk the nicest people eh free coaching from a very successful

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business coach right i told you i had a lot to get through in this intro we better talk about

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today's show and it's a return visit by tim stern this week's episode according to the ai at least

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is a reminder that freedom isn't a hashtag it's logistics incentives money and the hard problem

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of building something that survives contact with the real world. Tim is the founder, of course,

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behind Crypto City on Margarita Island in Venezuela. This is a bit of an update show,

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but we also talk about why people are leaving Europe, how you can actually build a place

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from scratch like he's doing, the politics of being misrepresented and the uncomfortable truth

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that the next fight is not going to be ideological it's going to be digital ids cbdc's and what

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happens when permission is taken away from you no fantasies no utopias just what's working what's

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hard and what it costs obviously this conversation with tim was recorded funnily enough just before

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maduro was toppled from power in venezuela and i've actually spoken to tim since then so you can

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hear a summary of that conversation in episode or in the news 002 episode if you're looking for

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that in the timeline it comes just after episode 165 with rahim tagazad again so it might be worth

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pairing both episodes together this one and the news episode for an update but if you don't have

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time to listen to the news update here's a quick summary of what happened in one quote from tim

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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

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So you can only imagine what's going on now.

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Right, quick reminder, again, I love this part,

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that this episode is lovingly brought to you by Veritas Villages,

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our wonderful lead sponsor.

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They're building off-grid, freedom-oriented communities in Latin America.

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They've got a new 340-acre project, which just got the go-ahead in Costa Rica.

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Nearly 400 residences planned for freedom lovers.

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They've got places in Nicaragua, Panama, of course, as well.

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And if you're a Bitcoiner, you can spend Bitcoin at their communities,

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and you can buy your property with Bitcoin, and you can mine Bitcoin.

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What a wonderful project.

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www.veritasvillages.com forward slash free cities everything's in the show notes oh it's so exciting

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in the free city space at the moment there is so much going on what about the free cities listeners

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let's go to my subs on fountain.fm a few comments from last week justin bianchi

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and i got to the bottom how you pronounce justin's name i'll get to that in a sec he's

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First comment here is what talking about last week's show with Mitchell Suchner.

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Well, what great ideas would love to see the project grow?

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Well, as you know, it is growing now about my handle.

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That's just in Bianchi's name.

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I married my bicycle and kept her last name.

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Ha ha.

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I prefer the Italian pronunciation.

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I've had to I've had to dig deeper.

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I still didn't understand what that means.

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Turns out Bianchi is an Italian bicycle.

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company and i think probably i just imagined that was justin's name now i'm just gonna go ahead and

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conclude it's just a pseudonym as many people on nostra either way justin i'm gonna call you

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bianchi from now on which is the italian pronunciation uh next mr rabbit talking about

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rahim's episode great project there and actually in my trip to usa coming up this year maybe

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investigating someone else who's doing something similar let's say who knows i'll keep you informed

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on that one simple comment nice one it was a nice one justin again talking about oh talking about

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mitchell suchner again because of all the seasteading episodes you've put out i've gotten

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interested in owning a regular sailboat i'm sure there is much to learn from nomadic sailors

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well to be honest justin in my experience because i've done a bit of sailing not that i liked it

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much but I have done a bit there's a lot of crossover between the two communities just maybe

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not culturally but there are a lot of people out there sailing around the world who are basically

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seasteaders just living they're just living on a boat they haven't quite cottoned on to the fact

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that they're basically seasteading but I think going forwards I think that movement is is changing

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fast I think now we've got all these prototypes coming out the future is looking good for seasteading

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and boat sailing in general, it is a great way to be self-sovereign as far as I can tell. Right,

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let's go. Let's go to the episode I've been rabbiting on long enough. Let's move 1.1 million

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tons of earth, shall we? Or at least, why don't we just watch somebody else doing it?

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While we are, of course, you included, sitting back,

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relaxing and enjoying my conversation with Tim Stern.

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do you have a personal instagramer gone me yeah mr timothy allen i think it is

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well no or timothy underscore allen it might be it's from my former career as a photographer so

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So I don't use it anymore.

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Timothy.

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It's got 25,000 followers on it, I think.

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Yeah, Alan.

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All my old.

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I've got 100,000 on Facebook.

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You're on a plane there, right?

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Oh, yeah, that's me.

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That's me, yeah.

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Okay, Timothy, Alan, and Free Cities Foundation.

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How many have I got on?

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How many followers have I got on Instagram?

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Let me check.

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Once I've posted it, I can see it.

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Free Cities Foundation.

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Put this out.

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That's out.

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Okay.

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And your Instagram account, Timothy underscore Ellen, has drumrolls 22,100.

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See, and I don't post any content on it.

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Facebook's the same.

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I've got loads on Facebook.

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I think it may be, I don't know how many it is, but it's from my former career.

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There's just no crossover.

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It's like I was a photographer and filmmaker,

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And then all of a sudden I'm talking about like, you know, democracy is pointless.

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But you can drag them over, no?

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Do some stories.

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It's a very left-wing world, the media world, as you probably know.

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And I'm not a lefty.

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I'm a middley.

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But a lot of lefties think of me as a righty now.

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Oh, yeah?

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Well, you know what it's like, don't you?

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They've gone quite extreme.

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The left-right thing is just wrong now.

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It doesn't make any sense.

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I'm not anything.

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Let's face it.

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I'm not anything.

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I've got a few ideas and a few things,

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and that's the long and short of it.

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I don't really...

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Did you hear that we had an enemy yesterday?

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You did?

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No, I'm not.

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On the conference, it was a German SWR reporter.

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What's SWR?

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The biggest public channel, SWR.

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What, like a newspaper?

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Yeah, but a lefty guy,

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and he was asking bullshit questions to Andreas Tank,

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you know, the red, the pink panther.

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And is there anything come out in the newspaper today?

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Not yet, but Andreas told me his first question was,

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how many billionaires are here on the event?

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Well, listen, dude.

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I didn't give him an interview.

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I told him to fuck off.

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Yeah.

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The whole thing, look, as this thing progresses,

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everything's going to get a lot worse than this.

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I can assure you that.

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But I won't go into it too much because I've already spoken to hundreds of other people about this.

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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.

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There's this kind of ideal ideology NRX.

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It's a Silicon Valley thing, which is to do with, you know, elites running normal people and stuff.

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And yeah, I've asked, I talked to Massimo about it.

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He is pretty much an oligarch.

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He had his view.

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I spoke to Prospera all about it.

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And because they wrote about Prospera

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and what they said about Prospera was just such bullshit.

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It was all like, it was half of it was all the left wing talking points

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from the opposition in, and the other half was just made up.

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Because I said to him like, oh, he said that, you know,

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Peter Thiel was an angel investor in it.

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It's like, nope.

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He said, we're trying to get hold of Teal.

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We've never been able to get in touch with him.

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You know, things like that.

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You know, it's like, yeah, that's what the people on the ground working.

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They're saying, I'd love it if Peter Teal was on the phone.

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You know, I'd love to get some money off him.

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But, you know, like when you, this was ginormous article,

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like pages and pages long about the conspiracy.

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And then you realize when you get into that conspiracy frame of mind,

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everything can be a conspiracy.

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like I could I could say one why Tim was late you know what's he was that well I

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was meeting with somebody or not even that it's like but because now I might

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not get my other interview but you know what's he trying to do it it's like if

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you get into that frame of mind everything can be a conspiracy and it's

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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

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we got some trolls basically who are just slagging off every single thing we do it said

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about your presentation nice little development for maduro to nationalize once it's built

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there you go come on what's your answer to that then i don't know anything about what's going on

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there i can i know who maduro is but what do you what do you think about things like that no basically

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it's uh it's arriving from from what happened like before maduro even you know when when the

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old president chavez was doing the nationalizing of a lot of stuff but i always respond to it man

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listen the things which got nationalized were like big big industries you know like the energy

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industry and big big big companies they don't give a shit about your personal house somewhere

222
00:17:32,396 --> 00:17:35,136
on the beach, you know, that's not something to nationalize.

223
00:17:35,236 --> 00:17:40,376
And anyway, they realized they did an error because they took a 180 degree turnaround

224
00:17:40,376 --> 00:17:43,356
and made Margarita a special economic zone to attract investors.

225
00:17:43,976 --> 00:17:48,816
Imagine if the word would go around that even one thing is being like nationalized

226
00:17:48,816 --> 00:17:52,336
and all the billions coming in at the moment, that would retract instantly, right?

227
00:17:52,376 --> 00:17:53,696
It would be a stupid move anyway.

228
00:17:54,216 --> 00:17:57,956
And it's not just that they can come and say, okay, I'm going to nationalize it now.

229
00:17:58,076 --> 00:18:00,256
There's still, you know, like judges and everything.

230
00:18:00,256 --> 00:18:04,356
of course you could counter argue with yeah but they're all bought and they're all from from the

231
00:18:04,356 --> 00:18:09,396
same party but it's not that easy as you think yeah okay let's take it away and good no no that's

232
00:18:09,396 --> 00:18:17,216
not and what's the what's the difference between margarita and the main and venezuela is there

233
00:18:17,216 --> 00:18:22,656
is there a bit of a disconnect there of course yeah margarita is like a german island rügen you

234
00:18:22,656 --> 00:18:27,476
know where you have your mainland and then you have an island and the island is running under a

235
00:18:27,476 --> 00:18:33,076
different uh different operation basically it's special economic zone it always has been the

236
00:18:33,076 --> 00:18:38,456
window to venezuela for all the foreigners uh you know they come to margarita they do holidays they

237
00:18:38,456 --> 00:18:41,696
fall in love with venezuela they buy a house in margarita and then they go to the mainland

238
00:18:41,696 --> 00:18:48,716
but but it and it feels like that does it directives come in from from central office in

239
00:18:48,716 --> 00:18:54,676
but but they're an outpost that kind of have a lot more it's more chill you know it's like

240
00:18:54,676 --> 00:19:02,936
Everything is more easy, you know, and of course you hear what's the talk in Caracas and everything.

241
00:19:03,096 --> 00:19:04,836
All the movement is happening in Caracas.

242
00:19:04,996 --> 00:19:06,576
The big business is happening in Caracas.

243
00:19:06,796 --> 00:19:13,556
If you are in the top 1%, you're probably going to have as well an apartment in Caracas and being there a lot.

244
00:19:13,916 --> 00:19:17,056
I'm traveling quite a lot to Caracas as well.

245
00:19:17,596 --> 00:19:20,736
But live and have a nice life.

246
00:19:20,796 --> 00:19:21,436
That's Margarita.

247
00:19:21,436 --> 00:19:30,756
right so let's talk about crypto city still my least favorite name of a free city ever

248
00:19:30,756 --> 00:19:37,536
as you would have called it bitcoin city well i wouldn't if you really wanted to do to connect it

249
00:19:37,536 --> 00:19:43,516
to all that stuff sure but as you know for bitcoiners like myself the word crypto is literally

250
00:19:43,516 --> 00:19:50,556
toxic yes yes but i don't know the other thing is i think it it it does labor i know that you

251
00:19:50,556 --> 00:19:55,036
It's kind of arisen out of the world of cryptocurrency and Bitcoin and everything.

252
00:19:55,876 --> 00:19:58,296
But I think the word's just too toxic.

253
00:19:58,536 --> 00:20:00,416
But, you know, it's none of my business.

254
00:20:01,416 --> 00:20:06,716
I mean, the literal description would be a DAO city, you know,

255
00:20:06,776 --> 00:20:10,736
but nobody knows exactly what's a DAO until they learn about it.

256
00:20:10,736 --> 00:20:15,636
And so the least, the most easy name was just crypto city.

257
00:20:15,636 --> 00:20:16,776
No, no, it's a great name.

258
00:20:17,496 --> 00:20:19,276
But it's just not for Bitcoiners.

259
00:20:19,356 --> 00:20:19,836
Hate that.

260
00:20:19,836 --> 00:20:26,936
I can already feel them flit clenching as the word is said, because it sounds like...

261
00:20:26,936 --> 00:20:35,056
But even the Bitcoin maxis need to give me a point there that the best form of auto-governing yourself is with a DAO.

262
00:20:35,996 --> 00:20:45,796
Well, I can actually push back on that now, because Vikram, the guy I spoke to literally just before you, he runs Draper Nation.

263
00:20:45,796 --> 00:20:48,596
this is a Tim Draper inspired thing

264
00:20:48,596 --> 00:20:50,076
where they kind of experiment with

265
00:20:50,076 --> 00:20:52,096
different governance models

266
00:20:52,096 --> 00:20:54,556
and he, one of the last big projects

267
00:20:54,556 --> 00:20:56,616
they did is they created an online

268
00:20:56,616 --> 00:20:58,576
country and they put

269
00:20:58,576 --> 00:21:00,516
80% of the running of the country

270
00:21:00,516 --> 00:21:01,256
online

271
00:21:01,256 --> 00:21:04,136
no no no they did it as an experiment

272
00:21:04,136 --> 00:21:06,196
but they got 100,000 people

273
00:21:06,196 --> 00:21:08,336
who signed up, they got 50,000

274
00:21:08,336 --> 00:21:10,436
people who actually claimed a passport

275
00:21:10,436 --> 00:21:11,216
and stuff but it was

276
00:21:11,216 --> 00:21:13,656
it's kind of like, not quite a think tank

277
00:21:13,656 --> 00:21:15,296
it's like a think tank so they were experimenting

278
00:21:15,296 --> 00:21:43,616
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.

279
00:21:43,616 --> 00:21:48,856
um and and that's kind of like the first time i've heard that from that side of the spectrum i mean

280
00:21:48,856 --> 00:21:53,336
the bitcoin is we say that all the time it's like a blockchain is money you've got a great

281
00:21:53,336 --> 00:21:59,896
application of it which is bitcoin and end of story the other stuff um it's not unnecessary

282
00:21:59,896 --> 00:22:04,936
to to run a dow for example on a blockchain because as a voting system you could create a

283
00:22:04,936 --> 00:22:10,496
you can create a website that's a voting system but so so yeah i i now officially i've always

284
00:22:10,496 --> 00:22:14,876
pushed back from the Bitcoin perspective, but now it seems like there's some empirical evidence.

285
00:22:14,876 --> 00:22:20,396
That doesn't mean the other ways don't work. It just means he said, look, to do it again,

286
00:22:20,496 --> 00:22:24,096
there's no way we're going to try and use a blockchain. They created their own. It's an

287
00:22:24,096 --> 00:22:28,696
absolute ball ache. It wasn't very streamlined. It didn't work very well. You know, we're just

288
00:22:28,696 --> 00:22:37,016
going to go for an old fashioned sort of like, you know, database basically and web applications

289
00:22:37,016 --> 00:22:40,256
and all this kind of stuff or whatever. Yeah, but it's exactly what we do. We use it for money.

290
00:22:40,256 --> 00:22:41,616
we use it for the crowdfunding, right?

291
00:22:42,836 --> 00:22:43,696
So you do?

292
00:22:43,876 --> 00:22:45,816
So you use your...

293
00:22:45,816 --> 00:22:48,376
Did you understand what we do, actually?

294
00:22:49,256 --> 00:22:49,736
What do you mean?

295
00:22:50,316 --> 00:22:52,736
Like, what do we do exactly with the DAO?

296
00:22:53,236 --> 00:22:55,156
I thought the DAO was just for voting,

297
00:22:55,296 --> 00:22:56,416
for deciding who...

298
00:22:56,416 --> 00:22:57,636
Oh, right, okay.

299
00:22:58,056 --> 00:23:00,436
The most important point of the DAO

300
00:23:00,436 --> 00:23:02,936
is that we crowdfund business together, right?

301
00:23:03,396 --> 00:23:04,776
So let's imagine you and me,

302
00:23:04,856 --> 00:23:05,636
we're on Margarita.

303
00:23:06,556 --> 00:23:07,856
You're a part of CryptoCity,

304
00:23:07,856 --> 00:23:09,636
we're maybe exactly our neighbors,

305
00:23:09,636 --> 00:23:11,876
we're going to somewhere

306
00:23:11,876 --> 00:23:14,436
at a restaurant eating and we get to know

307
00:23:14,436 --> 00:23:16,036
a guy at the next table you know

308
00:23:16,036 --> 00:23:18,636
we overhear him that he wants to sell his hotel

309
00:23:18,636 --> 00:23:19,996
so we

310
00:23:19,996 --> 00:23:22,016
come to talk with the guy you know

311
00:23:22,016 --> 00:23:23,396
and he makes us an offer

312
00:23:23,396 --> 00:23:25,896
I said hey listen I gotta go because

313
00:23:25,896 --> 00:23:27,776
I don't know I fell in love with some Indian woman

314
00:23:27,776 --> 00:23:28,856
I want to go to India

315
00:23:28,856 --> 00:23:31,096
I just want to get rid of my hotel

316
00:23:31,096 --> 00:23:33,056
it's second beach row you know

317
00:23:33,056 --> 00:23:34,796
800,000

318
00:23:34,796 --> 00:23:35,856
interesting

319
00:23:35,856 --> 00:23:39,256
now you and me maybe we don't have the liquidity in the moment

320
00:23:39,256 --> 00:23:43,476
right but you and me are very very interested because maybe you have a hotel background you know

321
00:23:43,476 --> 00:23:48,656
maybe i'm the marketing guy we say timothy let's do business together you're gonna run it and i'm

322
00:23:48,656 --> 00:23:54,256
gonna do the marketing but we look at our pockets you know and where maybe we can chime in each of

323
00:23:54,256 --> 00:23:58,716
us a hundred grand okay so we do 200 and we need to raise 600 so what do we do we go home

324
00:23:58,716 --> 00:24:03,976
we write a business plan we do some marketing and then we go inside to the we log into the dow

325
00:24:03,976 --> 00:24:09,256
with our wallet and then we create a new project called Hotel Timothy right and

326
00:24:09,256 --> 00:24:12,836
we just grab the hotel listen second beachfront we'd already did our

327
00:24:12,836 --> 00:24:15,976
research we were there with the architects that are the papers are great

328
00:24:15,976 --> 00:24:22,216
we need 600 grand and we decide to give away 50% of the business for this money

329
00:24:22,216 --> 00:24:29,356
right so now a liquidity pool goes up right and in this liquidity pool people

330
00:24:29,356 --> 00:24:33,216
can chime in USDT right because we don't want to have any volatile money it

331
00:24:33,216 --> 00:24:38,736
doesn't make sense to collect Bitcoin. And then you have a market fluctuation and suddenly you're

332
00:24:38,736 --> 00:24:43,596
8% down, you know, or even better 8% up, but you never know. So we do it in stable coins, right?

333
00:24:44,076 --> 00:24:49,136
So the liquidity pool goes up and then a timer is going to start for 30 days, right? A smart

334
00:24:49,136 --> 00:25:05,254
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

335
00:25:05,394 --> 00:25:09,334
and then people are going to decide if they want to chime in the money or no.

336
00:25:09,894 --> 00:25:13,734
So maybe somebody chimes in 50, another one 100 grand,

337
00:25:13,874 --> 00:25:16,454
maybe somebody just 20, whatever, and after 30 days,

338
00:25:16,454 --> 00:25:18,154
a smart contract is going to look at the pool,

339
00:25:18,794 --> 00:25:20,994
are we having 800 grand in the pool?

340
00:25:21,334 --> 00:25:22,314
And there's two options.

341
00:25:22,314 --> 00:25:28,214
if the 800 grand are in the pool yes cool money gets liberated and sent to you me whatever

342
00:25:28,214 --> 00:25:33,774
or option b you and me we did a bad job of doing marketing money is not coming together and

343
00:25:33,774 --> 00:25:38,794
everybody gets repaid automatically so you don't have tim running around with the german klingel

344
00:25:38,794 --> 00:25:44,074
you know with the with the with yeah give me your 20 and you 10 and i'm gonna hold on to it until

345
00:25:44,074 --> 00:25:48,834
now and then i go to mexico and say thank you know that that's not the idea right that's what we use

346
00:25:48,834 --> 00:25:53,414
a dollar for of course also for voting and everything but you can also connect votings to

347
00:25:53,414 --> 00:26:01,934
the treasury for example let's say our main water pump is old you know and making problems so we can

348
00:26:01,934 --> 00:26:06,714
open a vote and say hey do we want to replace the water pump that's our budget which we are having

349
00:26:06,714 --> 00:26:10,734
in our treasury at the moment do we want to liberate ten thousand dollars for replacing

350
00:26:10,734 --> 00:26:15,814
the water pump yes or no if enough people vote yes then the water pump gets replaced to a better

351
00:26:15,814 --> 00:26:20,014
water pump and now the water pressure is better in the houses whatever or people say no and we

352
00:26:20,014 --> 00:26:27,454
wait until it dies you know that's why we use it now okay so you're yeah managing funds effectively

353
00:26:27,454 --> 00:26:32,674
that's it yeah so you didn't have a token or anything like that no jesus christ i'm not gonna

354
00:26:32,674 --> 00:26:37,674
have my own money and then it's gonna i don't know i'll lose 50 and then you have the next

355
00:26:37,674 --> 00:26:43,754
scandal and whatever no i don't want a token i never had a token what we have is besides a normal

356
00:26:43,754 --> 00:26:49,234
buy and send contract there's a little nft which represents uh which is just like an extra to your

357
00:26:49,234 --> 00:26:53,774
to your lot you get it dropped into your wallet and that's like your login credentials right you

358
00:26:53,774 --> 00:26:59,734
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

359
00:26:59,734 --> 00:27:05,734
and sell contract as well but this is like your login credentials that's it so you the reason that

360
00:27:05,734 --> 00:27:11,654
your the name is so crypto heavy is that because you come from a lot of the people that are involved

361
00:27:11,654 --> 00:27:17,774
in it that your friends come from your group you're back in the day when you were yes i still

362
00:27:17,774 --> 00:27:22,374
have the biggest one of the biggest academies in germany you know where i teach people crypto but

363
00:27:22,374 --> 00:27:30,774
95 of our clients are middle class entrepreneurs in their 40s 50s you know most of them don't even

364
00:27:30,774 --> 00:27:35,814
know how to use crypto i had to teach them when they bought a lot right um of course some of them

365
00:27:35,814 --> 00:27:37,474
are also very crypto heavy and savvy.

366
00:27:38,594 --> 00:27:42,214
But most of them are coming from the normal business background.

367
00:27:43,434 --> 00:27:46,974
Now, I saw you, by the way, try and be careful not to bang that.

368
00:27:47,794 --> 00:27:52,454
I know you said you love the sound, but that's going to be a nightmare.

369
00:27:53,114 --> 00:27:57,034
I can probably clean it up, but it'll be a nightmare.

370
00:27:57,394 --> 00:27:59,914
You're literally adding like 45 minutes to my work.

371
00:28:00,414 --> 00:28:01,154
I'm sorry.

372
00:28:01,154 --> 00:28:08,954
um i watched i managed to see your whole presentation yes the other day which is great

373
00:28:08,954 --> 00:28:18,294
i mean um you know um name aside you are a special economic zone creating a free city

374
00:28:18,294 --> 00:28:26,314
business hub in a place i mean you are a free city project through and through and you are now

375
00:28:26,314 --> 00:28:35,854
building something i've seen you what is it 1.1 million tons of uh earth moved um yeah i mean

376
00:28:35,854 --> 00:28:41,474
it's happening man it's happening literally give us a quick lowdown from everyone that's listening

377
00:28:41,474 --> 00:28:50,274
you know the stage you're at now so what we did the last 18 months is um we prepared a ground

378
00:28:50,274 --> 00:28:55,234
And I had this great idea, which turned out not to be so great,

379
00:28:55,314 --> 00:28:57,354
because it was a lot of work, but now we did it,

380
00:28:57,394 --> 00:28:58,614
so we are pretty happy with it.

381
00:28:59,194 --> 00:29:01,274
I said, when we bought the plot,

382
00:29:02,054 --> 00:29:06,234
wouldn't it be awesome if everybody could kind of have like an ocean view,

383
00:29:06,374 --> 00:29:09,774
because you're not emigrating from Germany to look at your neighbor's house, right?

384
00:29:10,474 --> 00:29:15,134
And we talked a lot with our architects and all the engineers,

385
00:29:15,134 --> 00:29:19,294
and I said, wouldn't it be, because I was in Monaco back at that time, right?

386
00:29:19,294 --> 00:29:23,914
and Monaco is like a huge, you know, like this mountain.

387
00:29:24,594 --> 00:29:26,894
Yeah, yeah, yeah, that's a great word, exactly.

388
00:29:27,014 --> 00:29:29,694
And I said, I can't feel like recreate this for here.

389
00:29:30,374 --> 00:29:33,374
And then they looked at me like, how the fuck do you want to recreate it?

390
00:29:33,414 --> 00:29:36,734
And I said, I don't know, doing like artificial stages, you know,

391
00:29:36,814 --> 00:29:40,254
like terraces and like a big stair, you know.

392
00:29:40,954 --> 00:29:42,114
Then they looked at me, I'm sorry,

393
00:29:42,574 --> 00:29:46,934
then they looked at me like, you know, that's going to be a lot of work,

394
00:29:46,934 --> 00:29:47,874
you know, like a lot, a lot, a lot.

395
00:29:48,014 --> 00:29:48,754
And I said, yeah, I don't know.

396
00:29:48,754 --> 00:29:54,274
let's do it you know how much is that gonna cost us it's hard to say you know it's like but

397
00:29:54,274 --> 00:30:00,254
we could cut the machines here and we could do it and and and it's gonna be a lot of work but we

398
00:30:00,254 --> 00:30:06,154
could do it so that's what we did and it took not 12 but it took 18 months because we extended later

399
00:30:06,154 --> 00:30:13,714
and now we have basically a huge stair on 40 hectares with i think in total it's 42 different

400
00:30:13,714 --> 00:30:20,074
height levels you know you can choose from on 15 big main terrace levels and this is done now

401
00:30:20,074 --> 00:30:23,774
and now we're just starting with the walls you know it's now stones and

402
00:30:23,774 --> 00:30:31,054
cement and a lot of people coming in and working there blimey i know i saw the video

403
00:30:31,054 --> 00:30:39,474
the lot of drone shots it's a vast vast site and you bought more right yeah we had originally we

404
00:30:39,474 --> 00:30:46,534
had 12 hectares now it's 14 and we have buying options to or we lock down a lot of land

405
00:30:46,534 --> 00:30:53,274
in a circle around it just for in case you know that we're going to have like an industry zone

406
00:30:53,274 --> 00:31:00,874
and maybe an expansion zone later and also we try to buy the other half of it for our port you know

407
00:31:00,874 --> 00:31:05,654
and yeah a lot of a lot of negotiations i mean that was something else that i was surprised at

408
00:31:05,654 --> 00:31:12,274
you're actually carving out a port there it's a great project mate you're you know like as far as

409
00:31:12,274 --> 00:31:18,994
like you as an entrepreneur going this is like proper entrepreneurial endeavor i mean i'm a young

410
00:31:18,994 --> 00:31:23,554
guy i don't know shit yeah no no i have a lot of people around me who know their stuff you know and

411
00:31:23,554 --> 00:31:30,734
that's basically bringing the food i know right but but dude you have to be able to think about

412
00:31:30,734 --> 00:31:34,914
that thing like i was vic i was talking the last guy about the same thing it's like my mind doesn't

413
00:31:34,914 --> 00:31:41,514
work like that i would i'm the guy that thinks i could build that house someone else thinks i could

414
00:31:41,514 --> 00:31:48,954
build a city i can't think like that i just i i think in smaller steps than that because i think

415
00:31:48,954 --> 00:31:54,394
they're achievable if i said to you i'm going to make a city i'd be like too much that's like

416
00:31:54,394 --> 00:31:58,374
standing at the bottom of everest and looking at the top and going we're going there i'm like yeah

417
00:31:58,374 --> 00:32:04,894
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

418
00:32:04,894 --> 00:32:11,114
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

419
00:32:11,114 --> 00:32:17,514
for you but i think maybe that might be a function of your age you are young go-getter you know i'm

420
00:32:17,514 --> 00:32:25,814
older you know more chilled more i'd quite like to chill out a bit i think the wiser you get uh

421
00:32:25,814 --> 00:32:32,234
the more you value safety right yes i mean you you had a great career in the last 25 years you

422
00:32:32,234 --> 00:32:38,674
already proved yourself to everybody i'm a young guy you know um i like to do stuff and i like to

423
00:32:38,674 --> 00:32:43,594
sometimes you know put my head through the wall and make things happen which are deemed

424
00:32:43,594 --> 00:32:50,754
and and and possible you know not possible and i like to make things possible well you certainly

425
00:32:50,754 --> 00:32:55,074
are describe the port so that people understand it's not it's not just a little kind of

426
00:32:55,074 --> 00:32:58,954
So a few places to park your little boat, is it?

427
00:32:58,954 --> 00:33:04,334
Yeah, no, it's a port on around 12 hectares.

428
00:33:04,334 --> 00:33:08,954
We had a lot of luck, you know, we're having tons of luck with the project.

429
00:33:08,954 --> 00:33:12,854
I'm not really a Christian guy, I'm not a really spiritual guy, but sometimes I look

430
00:33:12,854 --> 00:33:16,274
to the stars and think the universe tends to love me, you know.

431
00:33:16,274 --> 00:33:19,954
This happened first when we found sweet water on our project.

432
00:33:19,992 --> 00:33:20,992
a lot of land because...

433
00:33:20,992 --> 00:33:21,472
Freshwater.

434
00:33:21,692 --> 00:33:23,452
Yeah, Margarita has a great water problem,

435
00:33:23,592 --> 00:33:26,692
so you always have to buy, you know, water trucks and everything.

436
00:33:27,432 --> 00:33:30,792
And before I was buying this big plant, you know,

437
00:33:30,852 --> 00:33:33,032
to get salt out of the salt water,

438
00:33:34,032 --> 00:33:36,772
I said, let's send a guy, you know, with some equipment

439
00:33:36,772 --> 00:33:38,352
and just check for it, you know.

440
00:33:38,412 --> 00:33:41,672
The probability is like, I don't know, 1% that we have watered there,

441
00:33:41,772 --> 00:33:44,552
but let's just check it out, you know, just to know it.

442
00:33:45,392 --> 00:33:48,332
And, yeah, as you know, the guy comes later a day and says,

443
00:33:48,332 --> 00:33:54,312
holy shit, there's like a big river under your plot of land going into the ocean.

444
00:33:54,912 --> 00:34:03,092
And if we dig in the entrance, there's probably a chance that we have not contaminated water there.

445
00:34:03,552 --> 00:34:09,812
And we sent it to the labs and the result was we could basically put it into a bottle and selling it

446
00:34:09,812 --> 00:34:13,632
because it's 0% salt, it's great minerals and everything.

447
00:34:13,992 --> 00:34:17,852
It originates from the big mountains of Margarita and replenishes.

448
00:34:17,852 --> 00:34:18,972
That's the biggest thing.

449
00:34:19,112 --> 00:34:22,252
We can basically get unlimited water supply from that.

450
00:34:22,592 --> 00:34:24,972
And that saved us around $1.5 million.

451
00:34:26,172 --> 00:34:28,972
And the other thing was, next to our plot of land,

452
00:34:29,072 --> 00:34:32,932
there was always this, it's called a salina in Spanish.

453
00:34:33,212 --> 00:34:38,572
This is an area where the ocean already flows in sometimes,

454
00:34:38,712 --> 00:34:40,652
depending on the season.

455
00:34:40,972 --> 00:34:45,272
So in summer, there's always like 10, 15 meters of water already coming in

456
00:34:45,272 --> 00:34:46,712
because it's basically at sea level.

457
00:34:46,712 --> 00:34:47,712
It's like sand.

458
00:34:47,852 --> 00:34:54,712
so I was seeing this for like a year and a half and this looks like the perfect place to build a

459
00:34:54,712 --> 00:35:01,112
port but obviously I don't know shit about building ports so but the idea was sleeping in my head for

460
00:35:01,112 --> 00:35:05,952
quite a while and then one night I was sitting with my business partner at a restaurant and he

461
00:35:05,952 --> 00:35:12,432
just casually tells me that back in the days he used to build ports and I was like you're shitting

462
00:35:12,432 --> 00:35:17,092
me right and it's like no no I did the port in Margarita back in the days in the 90s with my

463
00:35:17,092 --> 00:35:21,852
business partner i said you did the port in margarita you mean the one in pampatari was like

464
00:35:21,852 --> 00:35:28,332
yes i was like why don't you just speak to me you know and i was like okay is it would it be

465
00:35:28,332 --> 00:35:33,792
possible to build a port there and he was like yeah sure but it's gonna probably be pretty hard

466
00:35:33,792 --> 00:35:41,252
to get a permit right and i was like why is it hard to get a permit for a port a fully approved

467
00:35:41,252 --> 00:35:48,032
port on an island like Margarita is worth very very many many millions of dollars right and it's

468
00:35:48,032 --> 00:35:52,572
still Venezuela so you're gonna have a lot of backlash and a lot of people wanting a piece of

469
00:35:52,572 --> 00:36:01,892
the cake so I decided to buy it anyway and let's look what about all the permissions and everything

470
00:36:01,892 --> 00:36:09,572
and when we bought it I got this huge stash of paper right which usually comes with a plot of

471
00:36:09,572 --> 00:36:14,132
land and margarita the laws are pretty pretty sophisticated you for example you have to have

472
00:36:14,132 --> 00:36:17,812
the history of the last hundred years of the ownership of the plot of land so there's no

473
00:36:17,812 --> 00:36:23,272
shady business going on you know and everything so and when i looked through the papers i found an

474
00:36:23,272 --> 00:36:29,572
old papyrus style document like really old like you know this you know when you have like this

475
00:36:29,572 --> 00:36:35,172
really old paper with yellowing already you know and it's kind of fragile and i looked at it and

476
00:36:35,172 --> 00:36:37,912
It was like a almost hand-drawn thing.

477
00:36:38,272 --> 00:36:40,452
And I was turning it around, turning it around.

478
00:36:42,192 --> 00:36:44,052
Holy shit, that's a port, you know.

479
00:36:44,132 --> 00:36:46,072
It was actually a port already drawn.

480
00:36:46,232 --> 00:36:47,112
And then I investigated.

481
00:36:47,552 --> 00:36:51,712
There was already a port permitted at this piece of land in the 60s, you know.

482
00:36:51,972 --> 00:36:54,772
And this helped us a lot to get a permit again.

483
00:36:54,772 --> 00:36:58,672
Because if it's already been approved back in the day,

484
00:36:58,952 --> 00:37:01,692
why shouldn't it not be approved again, you know.

485
00:37:02,072 --> 00:37:03,452
Obviously, we made our studies.

486
00:37:03,452 --> 00:37:11,392
We had all the people with oxygen tanks and diving around and checking all the pieces.

487
00:37:11,572 --> 00:37:14,512
It was a 185-page long study.

488
00:37:15,612 --> 00:37:16,772
But yeah, it's approved now.

489
00:37:16,972 --> 00:37:20,632
So we can go starting next year, starting to digging out.

490
00:37:20,872 --> 00:37:23,672
Is that one of the first things you do?

491
00:37:24,032 --> 00:37:26,532
When you're building something this substantial,

492
00:37:28,132 --> 00:37:31,272
most people, I suppose, just think about the houses, right?

493
00:37:31,272 --> 00:37:37,912
but infrastructure wise what what do you i mean there's a massive undertaking what

494
00:37:37,912 --> 00:37:43,232
do you do you do when do you let people start building houses for example are you are you

495
00:37:43,232 --> 00:37:47,772
building all the houses or is there any autonomy of the people who are living in who bought the

496
00:37:47,772 --> 00:37:53,372
plots to do that people have two choices um they can build themselves as they want they can do

497
00:37:53,372 --> 00:37:58,892
their own designs get their own architects and do basically whatever they wish to you know on their

498
00:37:58,892 --> 00:38:06,852
four walls basically but we are trying to come up with house models which fit everybody's needs

499
00:38:06,852 --> 00:38:13,732
right we have six seven in the moment and we are kind of creating them with the feedback of the

500
00:38:13,732 --> 00:38:19,932
community so you know the typical german house has like i don't know two or three parking spaces

501
00:38:19,932 --> 00:38:25,952
you know a double garage two levels and maybe a terrace on the roof so that's exactly what we're

502
00:38:25,952 --> 00:38:31,292
trying to do, coming up with the house models and going back and forth with all the buyers

503
00:38:31,292 --> 00:38:36,672
of the plots, with the idea that we can build, I don't know, 30 times the model via Margarita,

504
00:38:36,792 --> 00:38:43,552
for example, or 20 times the via Uvarito or 15 times the via Almendron, where we can

505
00:38:43,552 --> 00:38:48,492
order materials, right, way cheaper, you know, it's basic economics.

506
00:38:48,632 --> 00:38:54,372
If I order 30 windows, I'm going to pay more than if I order 30,000 windows or 3,000 windows.

507
00:38:54,372 --> 00:39:00,572
and we just tried to get the prices down but everybody has three choices right and then

508
00:39:00,572 --> 00:39:07,132
talking about the port the first step is going to be dig down for four meters 50 on a 12 hectares

509
00:39:07,132 --> 00:39:14,672
plot of land this is going to be i don't know 10 12 big jumbo excavators you know just digging for

510
00:39:14,672 --> 00:39:21,132
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

511
00:39:21,132 --> 00:39:22,372
And then fill it back up again?

512
00:39:22,372 --> 00:39:27,292
No, basically you leave a strip of land intact and you start digging.

513
00:39:27,292 --> 00:39:33,132
And once you're done with all the walls, we have to create 6,000 cement stars, like this

514
00:39:33,132 --> 00:39:34,132
size.

515
00:39:34,132 --> 00:39:38,492
And you have like your model, you know, out of plastics or wood.

516
00:39:38,492 --> 00:39:44,412
And then you just create the stars on site, you know, we can maybe create 40, 50 a day,

517
00:39:44,412 --> 00:39:47,472
you know, with 2,000 kilograms of cement.

518
00:39:47,472 --> 00:39:49,452
And then you just build your wall with that.

519
00:39:49,572 --> 00:39:51,792
And once you're all done with the walls and the structures,

520
00:39:52,252 --> 00:39:55,432
you basically destroy the last strip of land still intact.

521
00:39:55,912 --> 00:39:56,812
And then the ocean is going to flow in.

522
00:39:56,812 --> 00:39:58,032
That's going to be a fun day, isn't it?

523
00:39:58,232 --> 00:39:59,132
Yeah, we're going to grab it with the drone.

524
00:39:59,132 --> 00:40:00,492
You should get some surfers in there.

525
00:40:00,672 --> 00:40:02,572
It's a bit like you might create a wave.

526
00:40:02,832 --> 00:40:03,232
You never know.

527
00:40:03,452 --> 00:40:07,792
I think it would be pretty dangerous because I think once you have the first,

528
00:40:07,852 --> 00:40:09,792
I don't know, breach of like 10 centimeters,

529
00:40:10,272 --> 00:40:13,352
the ocean is going to come in and carve and carve and carve and it's going to be like...

530
00:40:13,352 --> 00:40:13,712
Yeah.

531
00:40:13,712 --> 00:40:18,972
but you know like when you when you have a river coming into a beach that gets cut off to a lake

532
00:40:18,972 --> 00:40:24,872
exactly if you when it when it's flowing if it's flowing a bit later on not straight away it's

533
00:40:24,872 --> 00:40:29,312
going to be an absolute you could have a great wave there just for probably about 25 minutes

534
00:40:29,312 --> 00:40:34,112
i don't know or maybe even longer i don't know but no well you should do a publicity stand with

535
00:40:34,112 --> 00:40:40,752
a server from red bull or something yeah there you go what um what stage is that at then that the

536
00:40:40,752 --> 00:40:45,732
thought process and actually when you're starting and when do you think it will be finished you know

537
00:40:45,732 --> 00:40:52,172
that port side of it that's a interesting question because i mean the planning is all done more or

538
00:40:52,172 --> 00:40:57,532
less you know where we get the how's it called in english you know the things where you walk onto

539
00:40:57,532 --> 00:41:05,152
to your boat uh the uh it's a floating way yeah yeah yeah but you know what i mean yeah i know

540
00:41:05,152 --> 00:41:05,972
What are they called?

541
00:41:07,372 --> 00:41:09,152
Yeah, I can't even remember, dude.

542
00:41:09,312 --> 00:41:10,132
I've been talking too much.

543
00:41:10,132 --> 00:41:11,072
Whatever you're walking on.

544
00:41:11,252 --> 00:41:14,052
Yeah, the thing that you park your boat at that's floating on the surface.

545
00:41:15,232 --> 00:41:16,472
Key, the key.

546
00:41:17,072 --> 00:41:18,552
Q-U-A-Y.

547
00:41:19,352 --> 00:41:22,372
I mean, that doesn't necessarily mean, it's not necessarily a floating one.

548
00:41:22,712 --> 00:41:24,192
I keep thinking veranda, it's not.

549
00:41:24,312 --> 00:41:25,392
There is a word for it.

550
00:41:25,412 --> 00:41:26,872
We already talked to the manufacturers.

551
00:41:27,112 --> 00:41:28,152
We know how we get it.

552
00:41:28,152 --> 00:41:31,052
We know how to construct it.

553
00:41:31,132 --> 00:41:32,312
The permits is done.

554
00:41:32,312 --> 00:41:46,950
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

555
00:41:47,450 --> 00:41:49,250
And we do it bit by bit.

556
00:41:49,390 --> 00:41:56,050
But the thing is, as we have the seasons where the ocean is coming in and retracting after that,

557
00:41:56,350 --> 00:42:02,190
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.

558
00:42:02,190 --> 00:42:09,910
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

559
00:42:09,910 --> 00:42:16,150
start next year already maybe some miracle happens and some of your beautiful viewers is a hidden

560
00:42:16,150 --> 00:42:20,450
billionaire and wants to invest and calls me up great then we start next year if not we are

561
00:42:20,450 --> 00:42:26,810
probably going to start the year after that with the port so it so there's no so if you're someone

562
00:42:26,810 --> 00:42:29,730
who's got a plot, when can you start building?

563
00:42:29,990 --> 00:42:30,890
Oh, the houses is another.

564
00:42:31,250 --> 00:42:34,470
You can basically start the houses already, right?

565
00:42:34,950 --> 00:42:36,670
Because all the earth is done.

566
00:42:36,830 --> 00:42:38,890
What we do now is doing the walls.

567
00:42:38,890 --> 00:42:44,730
So, you know, our beautiful compacted stair kind of arrangement

568
00:42:44,730 --> 00:42:47,210
is not destroying itself when it rains, right?

569
00:42:47,630 --> 00:42:50,450
But after that, we are going to do all the asphalting and cementing

570
00:42:50,450 --> 00:42:51,550
and then people can start.

571
00:42:52,130 --> 00:42:53,230
It's going to be next year's summer.

572
00:42:53,230 --> 00:42:58,150
Are you imagining people are just going to stream in and start straight away?

573
00:42:58,650 --> 00:43:00,390
I mean, I don't know what the process is,

574
00:43:00,470 --> 00:43:05,070
but you've got all these people that have bought plots and the option to build.

575
00:43:06,130 --> 00:43:07,510
Like, are they raring to go?

576
00:43:07,830 --> 00:43:09,370
Are these people that are just investing?

577
00:43:09,670 --> 00:43:12,610
Are these people that are like second home so it's not, you know?

578
00:43:13,170 --> 00:43:15,910
You know, most of them are German, right?

579
00:43:17,450 --> 00:43:20,530
You know what's happening in Germany, right?

580
00:43:20,530 --> 00:43:26,990
We have people already in Margarita buying other houses or buying used real estate because they can't wait.

581
00:43:27,730 --> 00:43:33,090
Most of them are really pretty much eager to come and visit.

582
00:43:33,270 --> 00:43:44,870
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?

583
00:43:44,930 --> 00:43:47,810
It's called the moving tax basically.

584
00:43:47,810 --> 00:43:50,150
My wife just sent me a text.

585
00:43:50,790 --> 00:43:52,830
I just saw it in between interviews.

586
00:43:52,970 --> 00:43:57,430
It said Rachel Reeves planning a 20% business tax if you leave the UK.

587
00:43:57,810 --> 00:43:59,350
20% is still beautiful.

588
00:43:59,530 --> 00:44:00,630
You know what's happening in Germany.

589
00:44:00,910 --> 00:44:01,270
How much?

590
00:44:01,270 --> 00:44:04,190
When you're an entrepreneur and you want to move,

591
00:44:04,570 --> 00:44:08,250
they are going to treat you like you've actually sold your company.

592
00:44:08,890 --> 00:44:09,730
Even if you don't?

593
00:44:09,830 --> 00:44:10,530
Even if you don't.

594
00:44:10,670 --> 00:44:12,690
So let's have a hypothetical company.

595
00:44:12,810 --> 00:44:17,550
Let's say you make a million a year and 500,000 of that is profit, right?

596
00:44:17,810 --> 00:44:21,810
So they're going to treat you like you've sold this million dollar company per year.

597
00:44:21,930 --> 00:44:27,130
So you take it by five, more or less, that's what the tax office is going to do.

598
00:44:27,570 --> 00:44:32,790
So multiply by five, which is five million, and then they pay the German tax for it, which is almost close to 50%.

599
00:44:32,790 --> 00:44:37,670
So they want two and a half million dollars from you just for fucking leaving the country, right?

600
00:44:37,910 --> 00:44:43,870
There was back in the day under the Second World War, Hitler, it was called the Reichsfluchtsteuer,

601
00:44:43,970 --> 00:44:47,050
which is basically meaning leaving the Reich tax, right?

602
00:44:47,050 --> 00:44:52,670
this is the same shit again you know and who has 2.5 million liquid you're not having two and a half

603
00:44:52,670 --> 00:44:56,410
million liquid when when you have a company when you have a company which is netting you 500 000

604
00:44:56,410 --> 00:45:01,610
a year that's just not what it is right i think that's the point it stops you leaving of course

605
00:45:01,610 --> 00:45:10,950
that's to stop you leaving the and basically chain you to the country and instead of thinking about

606
00:45:10,950 --> 00:45:13,810
how could we better our system

607
00:45:13,810 --> 00:45:15,830
that all our rich entrepreneurs are not leaving.

608
00:45:16,670 --> 00:45:18,790
We're just trying to chain them onto the country.

609
00:45:19,570 --> 00:45:21,530
Do you think there'll ever be an about turn?

610
00:45:22,390 --> 00:45:24,430
You know, like Italy kind of did that, didn't they?

611
00:45:24,990 --> 00:45:28,910
They wooed back rich people, didn't they?

612
00:45:28,910 --> 00:45:29,290
I think it's too late.

613
00:45:29,570 --> 00:45:29,970
You reckon?

614
00:45:30,210 --> 00:45:31,230
I think it's too late.

615
00:45:31,470 --> 00:45:32,970
The investment's already happening

616
00:45:32,970 --> 00:45:37,450
in the foreigners' countries, right?

617
00:45:37,450 --> 00:45:41,030
you have all the foreigners coming.

618
00:45:41,570 --> 00:45:43,510
The Chinese are very strong now in Germany.

619
00:45:43,670 --> 00:45:46,110
I think they bought a lot of shares from Mercedes-Benz.

620
00:45:46,530 --> 00:45:49,610
Look at the Chinese, what great cars they're producing now.

621
00:45:49,950 --> 00:45:53,790
I actually got a Chinese car when I came to Prague here with six.

622
00:45:54,030 --> 00:45:55,490
They gave me a BYD.

623
00:45:56,130 --> 00:45:57,270
I was like, what the fuck is that?

624
00:45:57,510 --> 00:45:58,950
But I got into this car.

625
00:45:59,010 --> 00:46:00,010
It looks like a spaceship.

626
00:46:00,170 --> 00:46:03,030
It has a huge touchscreen and everything.

627
00:46:03,250 --> 00:46:04,730
And it does everything automatically.

628
00:46:05,150 --> 00:46:06,810
And you have tons of functions.

629
00:46:06,810 --> 00:46:09,170
and then I looked up the price, 37 grand,

630
00:46:09,270 --> 00:46:11,090
and it looks like an $80,000 Porsche.

631
00:46:11,490 --> 00:46:11,910
Wow.

632
00:46:12,190 --> 00:46:16,230
And I was like, man, this is not the Chinese anymore,

633
00:46:16,390 --> 00:46:17,270
copying everything.

634
00:46:17,390 --> 00:46:20,170
Of course, they took inspiration from Porsche, right?

635
00:46:20,750 --> 00:46:23,930
But they're doing it, and they're doing it for a great price now.

636
00:46:23,990 --> 00:46:28,130
And I think the German car industry is massively effed

637
00:46:28,130 --> 00:46:30,070
in the next 10, 15 years.

638
00:46:30,070 --> 00:46:33,870
The Germans are canceling their own best technology,

639
00:46:33,870 --> 00:46:42,230
the gasoline motor from 2030 it's basically cutting off your main leg for the climate you know

640
00:46:42,230 --> 00:46:49,270
jesus is that is that where a lot of this is coming from climate goals and it's all the co2

641
00:46:49,270 --> 00:46:56,370
you know the the the 0.04 percent in the air and the two percent of it is humanity's fault and from

642
00:46:56,370 --> 00:47:01,570
the two percent one point something percent is germany's fault you know like come on and that's

643
00:47:01,570 --> 00:47:08,130
why we are ruining ourselves like completely i don't know that's the best idea they just blew up

644
00:47:08,130 --> 00:47:14,190
their last atomic plant you know like a week ago in bayern you know and now we're buying the

645
00:47:14,190 --> 00:47:19,310
electricity from france for like triple the price and imagine how they are producing it exactly it's

646
00:47:19,310 --> 00:47:25,750
coming straight from nuclear again what what was going on now do you think is this is this just

647
00:47:25,750 --> 00:47:33,670
is this just low is there is compared is this a conspiracy or is this just people

648
00:47:33,670 --> 00:47:41,430
doing badly at their job like why why is this happening because um it seems like it's quite

649
00:47:41,430 --> 00:47:49,850
obvious that governments are broke and they're rinsing people slowly because they don't make

650
00:47:49,850 --> 00:47:57,770
any money they can only borrow or steal basically and as a result slowly but surely everyone is

651
00:47:57,770 --> 00:48:03,310
getting affected the the richer people are making a move first because that's how they operate

652
00:48:03,310 --> 00:48:11,830
anyway but in the end it's everyone and everyone's fucked but you can see it happening in slow motion

653
00:48:11,830 --> 00:48:19,630
so i i don't believe other people can't i don't believe someone in the the german parliament is

654
00:48:19,630 --> 00:48:24,090
sitting there going you know we've got this things are going pretty good you would be surprised how

655
00:48:24,090 --> 00:48:30,070
many sit there and think they're really the leftists yeah but did they like all right maybe

656
00:48:30,070 --> 00:48:33,650
they look at they're really into climate goals and they're like yeah we're doing really well

657
00:48:33,650 --> 00:48:39,470
but they still have to go home and buy some groceries and they still have to they still

658
00:48:39,470 --> 00:48:43,230
have to look at their their energy bill do you care when you're in the parliament and you're

659
00:48:43,230 --> 00:48:48,030
getting like i don't know 10 15 20 grand a month that's probably that's a good point actually they

660
00:48:48,030 --> 00:48:51,250
their jobs are safe and they get paid quite well, don't they?

661
00:48:51,790 --> 00:48:55,670
I mean, I had this discussion with a German in Venezuela like half a year ago,

662
00:48:55,750 --> 00:48:57,450
you know, like an old pensionist, you know,

663
00:48:57,930 --> 00:49:00,690
one of those which drink a lot of beer all day and don't do shit.

664
00:49:00,690 --> 00:49:05,810
And he was crying about that the crate of beer got one dollar more expensive.

665
00:49:05,970 --> 00:49:06,550
And I said, what the fuck?

666
00:49:07,270 --> 00:49:07,690
Who cares?

667
00:49:07,790 --> 00:49:09,150
And he said, yeah, Tim, but you're rich.

668
00:49:09,450 --> 00:49:10,290
I said, I'm not rich.

669
00:49:10,930 --> 00:49:14,010
I said, yeah, but you don't give a shit about what things cost, you know,

670
00:49:14,030 --> 00:49:14,950
in your everyday life.

671
00:49:15,250 --> 00:49:16,090
It's actually true.

672
00:49:16,090 --> 00:49:24,830
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?

673
00:49:25,230 --> 00:49:25,830
It's true.

674
00:49:25,950 --> 00:49:33,990
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?

675
00:49:35,290 --> 00:49:37,310
Do you reckon they get 10 grand a month?

676
00:49:37,890 --> 00:49:39,150
I think it's 10 or 11 or something.

677
00:49:39,150 --> 00:49:41,930
So 120 grand a year to be a European parliament.

678
00:49:41,930 --> 00:49:45,890
And I think once you've done your job for like two, three, four years, I'm not sure,

679
00:49:45,890 --> 00:49:49,610
but you get like this several thousand euros a month pension until you die.

680
00:49:49,610 --> 00:49:50,610
Wow.

681
00:49:50,610 --> 00:49:52,930
Yeah, this is all wrong, isn't it?

682
00:49:52,930 --> 00:49:54,930
Of course it's all wrong.

683
00:49:54,930 --> 00:50:10,068
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

684
00:50:10,068 --> 00:50:15,668
And whoever writes a comment now that this is something you can't do, Jesus fuck, you know.

685
00:50:15,768 --> 00:50:21,048
The German Chancellor Friedrich Merz, he had two or three weeks ago in a conference,

686
00:50:21,248 --> 00:50:23,668
he said that the city's image is changing.

687
00:50:23,668 --> 00:50:31,028
like just a neutral fact you know like and half of germany is protesting now right how could he say

688
00:50:31,028 --> 00:50:35,168
that that's a nazi and whatever they just said that the city's image is changing it's a neutral

689
00:50:35,168 --> 00:50:40,828
facture statement you know and now the germans are how are the germans still so brainwashed like

690
00:50:40,828 --> 00:50:48,448
oh you can't do that look at the city man look at the junkies look at all the all the knife attacks

691
00:50:48,448 --> 00:50:55,848
happening the violations the the 11 million uh muslims now in the country uh wanting sharia law

692
00:50:55,848 --> 00:51:01,248
obviously it's not everybody but there's people protesting in germany with those arabian sword

693
00:51:01,248 --> 00:51:06,848
flags that they want the sharia and people are supporting it and i never understand it you know

694
00:51:06,848 --> 00:51:13,388
the the most support they get from the blue-haired feminists right but in their world the blue-haired

695
00:51:13,388 --> 00:51:19,108
feminists are nothing it's not even women's rights so why do you support it i don't get it

696
00:51:19,108 --> 00:51:23,708
you know and the whole country is falling apart and nobody gives a shit about it i don't get it

697
00:51:23,708 --> 00:51:30,088
so why so why is it happening though what where is that it's either that it's not as bad as

698
00:51:30,088 --> 00:51:37,948
it's made out or there is this cognitive cognitive dissonance that is so off the scale

699
00:51:37,948 --> 00:51:46,428
but it's hard it is hard to understand because um how do you become that is ideological possession

700
00:51:46,428 --> 00:51:52,808
right is that it like your ideology is uh we you know immigration is good so you stop there

701
00:51:52,808 --> 00:52:00,288
so that means everything so and you feel that you feel sorry for someone rightly so who needs to

702
00:52:00,288 --> 00:52:06,708
flee their country to come in to to find a better life but then you don't distinguish between people

703
00:52:06,708 --> 00:52:07,748
that do that legitimately

704
00:52:07,748 --> 00:52:09,208
and people that do that illegitimately.

705
00:52:09,448 --> 00:52:09,768
Exactly.

706
00:52:10,068 --> 00:52:11,408
Immigration is good, actually.

707
00:52:11,648 --> 00:52:13,248
We need people which are skilled

708
00:52:13,248 --> 00:52:14,568
and having money and want to work.

709
00:52:14,968 --> 00:52:15,768
That's exactly why

710
00:52:15,768 --> 00:52:16,668
the Venezuelan government

711
00:52:16,668 --> 00:52:17,688
loves our project,

712
00:52:17,848 --> 00:52:19,548
because I'm bringing immigration

713
00:52:19,548 --> 00:52:20,508
skilled forces,

714
00:52:20,688 --> 00:52:21,588
and they are even rich,

715
00:52:21,668 --> 00:52:22,768
so even better, right?

716
00:52:23,308 --> 00:52:24,048
But in Germany,

717
00:52:24,048 --> 00:52:25,308
we're not doing the immigration

718
00:52:25,308 --> 00:52:26,468
with the skilled rich talent.

719
00:52:26,588 --> 00:52:27,528
We just open the doors

720
00:52:27,528 --> 00:52:28,748
and, hey, everybody come in,

721
00:52:28,808 --> 00:52:29,808
you know, no checks, nothing,

722
00:52:30,328 --> 00:52:32,228
since 2015, basically.

723
00:52:32,648 --> 00:52:33,308
I don't get it.

724
00:52:33,908 --> 00:52:34,928
Do you go back there much?

725
00:52:35,248 --> 00:52:36,628
Do you go back there much?

726
00:52:36,708 --> 00:52:42,288
Germany? Just for the events. When I'm coming to Germany, when I was landing in Prague,

727
00:52:42,468 --> 00:52:49,448
I was landing in Germany first in Düsseldorf. And I'm never happy landing there because this time,

728
00:52:49,728 --> 00:52:53,488
the first thing I saw when I landed in Düsseldorf at the big screen, you know,

729
00:52:53,548 --> 00:53:01,988
where you wait for your luggage. VW has a very big crisis, 25 billion euro loss, 15,000 jobs

730
00:53:01,988 --> 00:53:07,228
canceled you know and i was like oh shit i'm back in germany you know and you know and then you had

731
00:53:07,228 --> 00:53:12,128
the people of all the long faces and everything and why do i wait one minute for my package now

732
00:53:12,128 --> 00:53:17,228
i hate my life and i told her hey in venezuela we're happy if our package arrives you know

733
00:53:17,228 --> 00:53:23,928
chill and have a little chill but what about the kind of stuff like the other stuff you were

734
00:53:23,928 --> 00:53:28,248
talking about the general state of the place do you do you actually you genuinely notice that

735
00:53:28,248 --> 00:53:34,048
yeah every i'm every year i'm coming back i see it worse like actually like the potholes are

736
00:53:34,048 --> 00:53:39,548
growing you know the filth and the trash is growing the junkies are growing you know i hear

737
00:53:39,548 --> 00:53:47,448
every kind of language but except my own you know i was very surprised of prague i was very

738
00:53:47,448 --> 00:53:53,908
surprised of prague again it's clean it's organized it's safe we had a little trip with our

739
00:53:53,908 --> 00:53:55,488
conference attendees,

740
00:53:56,208 --> 00:53:58,768
we were out until 3, 4 a.m.

741
00:53:59,368 --> 00:54:00,408
This was feeling like

742
00:54:00,408 --> 00:54:02,048
Germany 20 years ago.

743
00:54:02,208 --> 00:54:04,588
We were at bars, 4 a.m.

744
00:54:04,928 --> 00:54:06,968
Nobody was stirring up trouble.

745
00:54:07,148 --> 00:54:08,108
Everybody was happy.

746
00:54:08,208 --> 00:54:09,648
It was a karaoke bar.

747
00:54:10,228 --> 00:54:11,628
Women were there alone,

748
00:54:11,848 --> 00:54:13,848
you know, not having any problems.

749
00:54:14,148 --> 00:54:14,528
Great.

750
00:54:14,528 --> 00:54:15,728
You see a lot of children

751
00:54:15,728 --> 00:54:17,008
walking around the city as well,

752
00:54:17,108 --> 00:54:17,288
don't you?

753
00:54:17,328 --> 00:54:17,988
It's really interesting.

754
00:54:18,488 --> 00:54:19,548
I agree with you there.

755
00:54:19,988 --> 00:54:21,008
Do you know the other thing

756
00:54:21,008 --> 00:54:21,808
that I've noticed

757
00:54:21,808 --> 00:54:23,508
is people dress well here.

758
00:54:23,508 --> 00:54:31,048
like when you go into a restaurant there's a coat rack covered in like proper coats you know what i

759
00:54:31,048 --> 00:54:36,208
mean not like you know like back home people wear all kinds of jackets puffer jackets this that yeah

760
00:54:36,208 --> 00:54:41,808
when you look at the coat racks here i know it's a simple little thing but they're all world coats

761
00:54:41,808 --> 00:54:50,508
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

762
00:54:50,508 --> 00:54:55,528
we used to be in the 80s 90s look at pictures from the 60s 70s how people were dressed awesome

763
00:54:55,528 --> 00:55:00,708
i know but that's not even like if i think back to the uk that's just badly dressed people that's

764
00:55:00,708 --> 00:55:05,168
nothing to do with immigration or this that the other people are not caring culture yeah they're

765
00:55:05,168 --> 00:55:10,308
not but why is that because why why did they lose their culture that i don't know it's just a mix up

766
00:55:10,308 --> 00:55:17,948
i think in your generation when you did something at home which was not quite cool with mom and dad

767
00:55:17,948 --> 00:55:24,128
you got a lot of backlash right and now today in the day you have like this laissez-faire parents

768
00:55:24,128 --> 00:55:28,588
you know like oh maximilian justus that's not a good thing you're doing we should talk about it

769
00:55:28,588 --> 00:55:33,488
two hours you know when i was doing something stupid when i was four years old i got a fucking

770
00:55:33,488 --> 00:55:39,968
slab you know like i stole something once in my life when i was five years old i stole a little

771
00:55:39,968 --> 00:55:48,548
ice cream spoon and i got the club of my life you know and she made me go back to the ice cream man

772
00:55:48,548 --> 00:55:54,428
and say sorry and it's never never gonna happening again and after that i never stole something in my

773
00:55:54,428 --> 00:56:00,508
life again you know um talking of that dressing up thing i have an interesting kind of observation

774
00:56:00,508 --> 00:56:05,028
about that i won't say who it is but if they're listening to this they might know and i don't mean

775
00:56:05,028 --> 00:56:10,768
in any ill way but it was interesting someone involved in the sort of free cities movement kind

776
00:56:10,768 --> 00:56:17,328
of um point mentioned that they you know we have a dress code at the conference and they were they

777
00:56:17,328 --> 00:56:23,948
were a bit scathing of the dress code they said look when i i visit politicians and that you know

778
00:56:23,948 --> 00:56:30,968
i wear a hoodie and it's and i've done deals at very high levels you know okay i agree so what

779
00:56:30,968 --> 00:56:36,848
in that sense but also so what it's like someone someone's it's like if someone had a wedding and

780
00:56:36,848 --> 00:56:42,588
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

781
00:56:42,588 --> 00:56:47,008
an interesting thing isn't it it's an interesting way to think about i i shouldn't need to dress up

782
00:56:47,008 --> 00:56:54,948
that attitude i find weird because that is that is something else that is you agree yeah yeah this

783
00:56:54,948 --> 00:57:00,468
is how i am why wouldn't you want to dress yes why you look good you look sharp you look but but

784
00:57:00,468 --> 00:57:06,768
not even that the the issue here is why should i dress up and the answer is because someone asked

785
00:57:06,768 --> 00:57:12,708
you basically like like i say i use the example of a of a wedding i would if you came to my wedding

786
00:57:12,708 --> 00:57:17,628
i'd say smart dress i might even say black tie i'd have 18 my 18th birthday back in the day was a

787
00:57:17,628 --> 00:57:22,388
black tie it was beautiful but if you turned up in a hoodie it would be it would be a bit

788
00:57:22,388 --> 00:57:28,508
disrespectful disrespectful and i would feel weird because everybody else is having a suit and i'm

789
00:57:28,508 --> 00:57:33,428
coming in i was feeling weird because i forgot my tie and when i was at the panel discussion

790
00:57:33,428 --> 00:57:38,608
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

791
00:57:38,608 --> 00:57:44,368
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

792
00:57:44,368 --> 00:57:49,728
can get a i get a bit of a get out of jail free card because i like short sleeves and you know

793
00:57:49,728 --> 00:57:56,048
um but no it's it's but yeah and you notice that walking around even coming home i was coming home

794
00:57:56,048 --> 00:57:57,608
went to 10.30 the other night.

795
00:57:58,168 --> 00:57:59,788
Some kids walking with their mom and dad.

796
00:58:00,208 --> 00:58:01,788
Even the kids had nice coats on.

797
00:58:02,048 --> 00:58:02,228
Yeah.

798
00:58:02,308 --> 00:58:03,288
Like, I'm surprised.

799
00:58:03,348 --> 00:58:04,548
And they were friendly kids.

800
00:58:04,728 --> 00:58:04,868
Yeah.

801
00:58:05,068 --> 00:58:07,968
I don't see any of the usual

802
00:58:07,968 --> 00:58:09,888
wah, wah, wah, wah, doing all.

803
00:58:10,268 --> 00:58:11,748
I wonder, so why do you think that is?

804
00:58:12,608 --> 00:58:13,928
You know, like, is it something,

805
00:58:14,168 --> 00:58:29,346
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

806
00:58:29,466 --> 00:58:32,226
of being proud of your country,

807
00:58:32,686 --> 00:58:36,606
the exact thing they got rid of in Germany, right?

808
00:58:37,026 --> 00:58:41,346
Because when I was in school, they told me I can't show my flag,

809
00:58:41,346 --> 00:58:44,466
I can't be happy about being a German.

810
00:58:44,466 --> 00:58:46,526
it's all Nazi stuff, you know.

811
00:58:47,046 --> 00:58:49,426
And when I came to Venezuela, I was so confused.

812
00:58:49,626 --> 00:58:51,666
Everybody has a Venezuelan flag at home.

813
00:58:52,106 --> 00:58:53,686
Everybody loves a national dish.

814
00:58:54,126 --> 00:58:57,766
They sing the national hymn in the radio at 8 a.m.

815
00:58:57,826 --> 00:59:00,466
There's the Venezuelan hymn coming on, you know, like the...

816
00:59:01,926 --> 00:59:03,106
But the Venezuelan one, right?

817
00:59:03,686 --> 00:59:06,386
I was like, why are those people all showing their flags, you know?

818
00:59:07,406 --> 00:59:08,826
But after a while, I get it, you know.

819
00:59:09,026 --> 00:59:12,146
They are proud to be a Venezuelan and there's nothing wrong with it.

820
00:59:12,146 --> 00:59:13,666
And for me, this was wrong.

821
00:59:13,766 --> 00:59:15,506
Being proud of your country is wrong

822
00:59:15,506 --> 00:59:18,546
because that's what they told me the last 27 years.

823
00:59:18,546 --> 00:59:19,986
But are you proud of your country?

824
00:59:20,406 --> 00:59:21,206
Not now.

825
00:59:22,246 --> 00:59:22,706
Not now.

826
00:59:22,786 --> 00:59:24,446
When I was a kid, I would have been proud.

827
00:59:24,526 --> 00:59:25,966
But in the moment, I'm not proud anymore.

828
00:59:26,786 --> 00:59:28,006
Because what do Germans have?

829
00:59:28,066 --> 00:59:30,766
They don't have any resources like the Venezuelans do, right?

830
00:59:30,786 --> 00:59:33,186
They have gold and oil and everything.

831
00:59:33,286 --> 00:59:36,666
What the German always had was culture and was ingenuity

832
00:59:36,666 --> 00:59:38,606
and they were good engineers, right?

833
00:59:38,666 --> 00:59:39,706
And they're building stuff.

834
00:59:39,706 --> 00:59:44,766
and it was basically the thing which made us what we did you know Mercedes-Benz and Porsche

835
00:59:44,766 --> 00:59:50,146
and doing all the technology and the name made in Germany still in the Latin American country

836
00:59:50,146 --> 00:59:55,446
somehow counts for something but we're losing that in the moment right made in Germany is not

837
00:59:55,446 --> 00:59:59,406
made in Germany anymore Germany now has bureaucracy and expensive products and

838
00:59:59,406 --> 01:00:06,526
new features in Mercedes cars nobody wants and it's all it's it's losing you know it's

839
01:00:06,526 --> 01:00:08,226
I'm not happy with it in the moment.

840
01:00:08,706 --> 01:00:11,566
So when you think back to CryptoCity then,

841
01:00:12,566 --> 01:00:16,486
what percentage do you think you'll have will be Germans there?

842
01:00:16,846 --> 01:00:17,386
Large?

843
01:00:18,846 --> 01:00:20,166
I think 80% maybe.

844
01:00:20,206 --> 01:00:20,486
80?

845
01:00:21,286 --> 01:00:23,146
So do you think they're German?

846
01:00:23,786 --> 01:00:25,646
These are old school people.

847
01:00:26,026 --> 01:00:28,526
These are heavily filtered old school German people,

848
01:00:28,666 --> 01:00:30,826
which I would happily call a friend everybody.

849
01:00:30,826 --> 01:00:31,346
Right.

850
01:00:31,626 --> 01:00:34,566
So there's going to be a bit more solidarity

851
01:00:34,566 --> 01:00:37,746
with the German meme, do you think?

852
01:00:37,766 --> 01:00:38,166
Yeah, yeah, yeah.

853
01:00:38,206 --> 01:00:38,726
No, everything.

854
01:00:38,946 --> 01:00:40,786
The people we have are great people,

855
01:00:40,966 --> 01:00:44,926
hard workers, ingenuous, smart people.

856
01:00:45,526 --> 01:00:47,746
How's the whole voting system going?

857
01:00:47,926 --> 01:00:49,666
I should, for anyone that didn't listen

858
01:00:49,666 --> 01:00:52,206
to our last conversation, it's fascinating.

859
01:00:52,546 --> 01:00:53,626
Let me tell them what happens.

860
01:00:53,726 --> 01:00:55,666
But basically, if you want to join this community,

861
01:00:55,666 --> 01:00:59,506
you basically have to go up against all the other people

862
01:00:59,506 --> 01:01:00,886
who are already in the community.

863
01:01:00,886 --> 01:01:03,766
So you have to present yourself online

864
01:01:03,766 --> 01:01:10,266
online and then secretly they all huddle around with the dow i take it and vote yes or no it's

865
01:01:10,266 --> 01:01:15,746
like what shall we let this person into the community i mean i just think that is a it's a

866
01:01:15,746 --> 01:01:20,006
hard thing yeah but especially with a large place like that because most people would say we just

867
01:01:20,006 --> 01:01:23,706
want as many people to to come here as possible because we've got to fill all these houses you

868
01:01:23,706 --> 01:01:30,026
know yeah it's a hard thing and i got a lot of hate for it i'm called an extremist nazi ultra rich

869
01:01:30,026 --> 01:01:31,166
a global community

870
01:01:31,166 --> 01:01:31,706
from who?

871
01:01:31,946 --> 01:01:32,046
yes

872
01:01:32,046 --> 01:01:33,766
a lot of online people

873
01:01:33,766 --> 01:01:34,786
oh not from the people

874
01:01:34,786 --> 01:01:35,886
that get rejected

875
01:01:35,886 --> 01:01:36,346
or whatever

876
01:01:36,346 --> 01:01:37,066
oh yeah

877
01:01:37,066 --> 01:01:38,026
that's another thing

878
01:01:38,026 --> 01:01:38,986
once they get rejected

879
01:01:38,986 --> 01:01:40,566
mostly they still come

880
01:01:40,566 --> 01:01:41,206
to Margarita

881
01:01:41,206 --> 01:01:42,306
and buy a house

882
01:01:42,306 --> 01:01:43,906
which is not something bad

883
01:01:43,906 --> 01:01:44,206
you know

884
01:01:44,206 --> 01:01:45,006
like I'm happy

885
01:01:45,006 --> 01:01:45,486
for everybody

886
01:01:45,486 --> 01:01:46,206
buying a house

887
01:01:46,206 --> 01:01:47,226
and putting in a dollar

888
01:01:47,226 --> 01:01:48,406
into the economy

889
01:01:48,406 --> 01:01:49,026
of Margarita

890
01:01:49,026 --> 01:01:51,246
but those are the same ones

891
01:01:51,246 --> 01:01:52,206
starting to hating

892
01:01:52,206 --> 01:01:52,826
then now

893
01:01:52,826 --> 01:01:53,086
you know

894
01:01:53,086 --> 01:01:53,946
it's all bullshit

895
01:01:53,946 --> 01:01:55,026
and it's not

896
01:01:55,026 --> 01:01:55,966
it's not advancing

897
01:01:55,966 --> 01:01:56,586
and blah

898
01:01:56,586 --> 01:01:57,826
and fuck you

899
01:01:57,826 --> 01:01:59,246
you're here because of me

900
01:01:59,246 --> 01:01:59,966
you're here because

901
01:01:59,966 --> 01:02:05,006
you saw my german tv documentary you were here because you looked at the construction site and

902
01:02:05,006 --> 01:02:10,766
you're just jealous now because it didn't get voted in but in the end of the day who am i gonna want

903
01:02:10,766 --> 01:02:16,366
to spend my time with in a world which gets crazier and crazier which get more which gets

904
01:02:16,366 --> 01:02:21,986
more globalists and more crazy about the day i want to having i want to be back in my tribe i

905
01:02:21,986 --> 01:02:27,426
want to have strong people which i can rely on which i can do business with which i know which

906
01:02:27,426 --> 01:02:33,026
have my bag and I have theirs that's exactly what I want to have and if we are building this place

907
01:02:33,026 --> 01:02:39,026
right now why would I fit it with people I don't know and I don't give a shit about everyone who's

908
01:02:39,026 --> 01:02:45,266
bought now is a guy or a woman or a man I've spent at least two three weeks of my time with in

909
01:02:45,266 --> 01:02:51,066
Margarita which I have seen on several events which have been voted and vouched for by their

910
01:02:51,066 --> 01:02:57,466
neighbors and friends which i know hey of course it's gonna be awesome maybe maybe i i have a slip

911
01:02:57,466 --> 01:03:04,306
up with one or two at 300 people right you can't know for sure that everybody's gonna show their

912
01:03:04,306 --> 01:03:09,246
true car or not gonna show their true colors and then put on a fake thing in 10 years you know what

913
01:03:09,246 --> 01:03:16,786
do i know but i think if the dna of the community is formed right now then the next generation and

914
01:03:16,786 --> 01:03:23,326
their kids maybe can preserve what we are doing right now maybe if we form this right now very

915
01:03:23,326 --> 01:03:29,866
hard and very very selected then I think it's it can be something which in yours for a lot of time

916
01:03:29,866 --> 01:03:36,346
it's a I mean that there's a that theory played out in the states if you think about it that kind

917
01:03:36,346 --> 01:03:43,826
of frontier attitude the Constitution everything you the way you described it last time which was

918
01:03:43,826 --> 01:03:45,926
very funny and I think very cool is

919
01:03:45,926 --> 01:03:47,806
you said that they

920
01:03:47,806 --> 01:03:49,986
just we're going to populate it with

921
01:03:49,986 --> 01:03:52,366
what you would call normal people from the 90s

922
01:03:52,366 --> 01:03:54,386
yeah normal people from the 90s

923
01:03:54,386 --> 01:03:55,746
I still use that phrase

924
01:03:55,746 --> 01:03:56,806
not

925
01:03:56,806 --> 01:03:59,466
people which went crazy

926
01:03:59,466 --> 01:04:01,986
I had a people I had a guy

927
01:04:01,986 --> 01:04:03,906
asking me I don't know if I told

928
01:04:03,906 --> 01:04:05,946
this already in the last episode or if this happened

929
01:04:05,946 --> 01:04:07,866
after our last episode I had a guy

930
01:04:07,866 --> 01:04:09,926
calling me up and said to him I'm interested in a lot

931
01:04:09,926 --> 01:04:11,426
but before we continue

932
01:04:11,426 --> 01:04:17,586
our interview I want to know if people are vaccinated there I said I don't know I'm not

933
01:04:17,586 --> 01:04:23,826
you know are you no of course I said why is it important to you and he told me because for him

934
01:04:23,826 --> 01:04:28,886
it was like an intelligence test you know and I said let's put it to the test I wrote in the group

935
01:04:28,886 --> 01:04:33,866
I called up some people are you vaccinated and the amount of backlash I got if I'm crazy and

936
01:04:33,866 --> 01:04:38,046
they would never do that and whatever was interesting so I had a correlation of ah

937
01:04:38,046 --> 01:04:43,706
you have a successful entrepreneur being frustrated with germany who wants to emigrate and is

938
01:04:43,706 --> 01:04:49,266
not being vaccinated thing you know i've just found it really interesting and no i mean the

939
01:04:49,266 --> 01:04:54,866
i mean especially if you're talking about the covid vaccination it was a massive we just talk

940
01:04:54,866 --> 01:04:59,506
about the vaccination of course they're vaccinated maybe for rabies back in the 90s i don't know

941
01:04:59,506 --> 01:05:06,086
Yeah, but that whole episode was a very, very interesting thing to behold.

942
01:05:06,766 --> 01:05:15,046
And I think if you were of a free mind, if you are the kind of person that does, you know, appreciate liberty,

943
01:05:15,046 --> 01:05:20,146
and you did resist, you did bloody well.

944
01:05:20,306 --> 01:05:21,766
I think you did really well.

945
01:05:21,766 --> 01:05:30,646
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.

946
01:05:30,646 --> 01:05:40,826
And if my experience is anything to go by, I wasn't bothered, but by luck, I went a certain way.

947
01:05:41,326 --> 01:05:43,606
I won't say which way because it's not important.

948
01:05:44,506 --> 01:05:47,766
But now I have gone a certain way.

949
01:05:47,986 --> 01:05:49,226
I've learned a lesson.

950
01:05:49,226 --> 01:05:54,966
and but it could have gone either way because i wasn't really thinking about it the only reason

951
01:05:54,966 --> 01:05:59,146
that i went the way i did in the end was because push came to shove and i was like hold a minute

952
01:05:59,146 --> 01:06:02,466
something weird's going on here now but in the beginning it was just like whatever

953
01:06:02,466 --> 01:06:09,046
it was when it was made into a thing and so now i'm eagle-eyed to look for the next version of

954
01:06:09,046 --> 01:06:13,406
that and i think that goes for it doesn't really matter which way you went on the vax

955
01:06:13,406 --> 01:06:16,826
for or against, as long as now you know,

956
01:06:16,826 --> 01:06:20,826
do you feel regret or do you feel good?

957
01:06:20,826 --> 01:06:23,326
Either way, you've learned your lesson.

958
01:06:23,326 --> 01:06:25,326
Because the next time it's going to be something else.

959
01:06:25,326 --> 01:06:27,666
It might not be a VAX, it might be something.

960
01:06:27,666 --> 01:06:29,326
Digital ID and CBDCs.

961
01:06:29,326 --> 01:06:30,326
Yes, it will.

962
01:06:30,326 --> 01:06:31,326
It's 100%.

963
01:06:31,326 --> 01:06:32,826
That's the next thing that's going to happen.

964
01:06:32,826 --> 01:06:34,646
But, okay, let's talk about that then.

965
01:06:34,646 --> 01:06:39,966
Because that's going to be a very, very, very difficult one to ignore.

966
01:06:39,984 --> 01:06:42,024
CBDC, I can see that happening.

967
01:06:42,384 --> 01:06:45,084
The only way it's going to be hard for me to resist a CBDC

968
01:06:45,084 --> 01:06:49,784
is when they require taxes in my country to be paid in the CBDC.

969
01:06:49,964 --> 01:06:51,844
And at that point, I may even be out of the country.

970
01:06:51,964 --> 01:06:52,804
I don't actually know.

971
01:06:54,044 --> 01:06:57,984
But digital ID is going to be very difficult in the end.

972
01:06:58,524 --> 01:07:03,384
And the funny thing is, in thinking and talking a lot about free city projects,

973
01:07:04,124 --> 01:07:07,704
digital ID by itself is not a bad thing.

974
01:07:07,884 --> 01:07:08,464
No, of course not.

975
01:07:08,484 --> 01:07:09,924
And in fact, you need it.

976
01:07:09,924 --> 01:07:11,184
I mean, Prospera's got digital ID.

977
01:07:11,424 --> 01:07:14,684
I have an incorporated company in Prospera.

978
01:07:14,784 --> 01:07:16,324
And as a result, I get an ID.

979
01:07:16,444 --> 01:07:18,984
If I want to go into Prospera, I have to show my ID card.

980
01:07:19,284 --> 01:07:20,524
You know, you need that.

981
01:07:21,784 --> 01:07:24,964
So, but so, and, you know, that's going to happen.

982
01:07:25,084 --> 01:07:29,764
And they've said in the UK, within the next three years, we're going to have it.

983
01:07:30,304 --> 01:07:31,664
And it's not going to be mandatory.

984
01:07:32,444 --> 01:07:34,044
But it's going to cost you £85.

985
01:07:34,604 --> 01:07:35,624
This is what they said anyway.

986
01:07:35,684 --> 01:07:38,804
It's going to cost you £85 to prove your identity when it's needed.

987
01:07:38,804 --> 01:07:45,404
you know which is just another way of saying yeah you've got to get this thing um but but the time

988
01:07:45,404 --> 01:07:50,664
will come where not having a digital id will make your life pretty miserable i think it's going to

989
01:07:50,664 --> 01:07:57,004
be so so so i'm i i haven't worked out what the hell my strategy is going to be yet with this

990
01:07:57,004 --> 01:08:01,244
because obviously i'm vehemently against a government the government the way the government

991
01:08:01,244 --> 01:08:07,044
is doing the digital id thing but i don't know what i'm going to do i'll be honest with you

992
01:08:07,044 --> 01:08:09,544
because it's going to affect travel.

993
01:08:09,684 --> 01:08:11,944
Yeah, but it's going to come all over the place, isn't it?

994
01:08:12,084 --> 01:08:16,504
I mean, like what happens when you can't enter the UK

995
01:08:16,504 --> 01:08:18,684
without a version of digital ID?

996
01:08:18,944 --> 01:08:21,204
Other countries are going to have to follow suit, aren't they?

997
01:08:21,584 --> 01:08:24,324
The national, the Venezuelan government's going to have to have one

998
01:08:24,324 --> 01:08:27,324
because they're going to have to want to integrate

999
01:08:27,324 --> 01:08:30,644
with the digital system in Europe for people,

1000
01:08:30,784 --> 01:08:33,124
tourists coming in and out and business and all this kind of stuff.

1001
01:08:33,124 --> 01:08:40,264
I don't and and and like I said earlier I also don't by its nature digital ID is not a bad thing

1002
01:08:40,264 --> 01:08:46,324
ID is good and if you build a place with a wall around it you need an ID system there's there's

1003
01:08:46,324 --> 01:08:55,384
very there's there's decentralized um you know versions of ID that aren't intrusive in existence

1004
01:08:55,384 --> 01:09:00,384
but they're pretty niche at the moment and I don't imagine them suddenly appearing you know

1005
01:09:00,384 --> 01:09:02,824
like in the next sort of like 20 years on mass,

1006
01:09:03,224 --> 01:09:06,164
most people are just going to fall into the digital ID thing.

1007
01:09:06,544 --> 01:09:10,384
And I am undecided about how I'm going to deal with this year.

1008
01:09:10,704 --> 01:09:14,504
A bit like I was when I started thinking about the vaccine actually,

1009
01:09:14,964 --> 01:09:17,444
because I may have not wanted it or I may have wanted it.

1010
01:09:17,544 --> 01:09:20,484
But when it came to it, there was someone telling me,

1011
01:09:20,584 --> 01:09:22,264
you can't travel with it without it.

1012
01:09:22,784 --> 01:09:25,504
That's an issue for someone like me and someone like you, you know,

1013
01:09:25,524 --> 01:09:26,264
we have to travel.

1014
01:09:27,184 --> 01:09:28,904
There's ways around it, obviously.

1015
01:09:28,904 --> 01:09:37,424
but with digital id there will be ways around it i am sure what they are i don't know um but but and

1016
01:09:37,424 --> 01:09:43,264
and and whether i want to do them or not but what i worry about is ending up in a world where

1017
01:09:43,264 --> 01:09:50,764
the non-digital id people or the non-state digital id people are are just isolated and

1018
01:09:50,764 --> 01:09:53,464
i don't know whether we want that i don't know what do you think

1019
01:09:53,464 --> 01:10:02,504
digital id in combination with cbdc's is going to be the downfall of everybody right

1020
01:10:02,504 --> 01:10:09,424
if you don't know what i'm talking about just think about a national co2 crisis where suddenly

1021
01:10:09,424 --> 01:10:16,564
you're only allowed to buy two kilograms of meat per month because they're producing so much

1022
01:10:16,564 --> 01:10:22,584
methane you know and oh sorry your co2 budget has been eliminated or you want to go to holiday and

1023
01:10:22,584 --> 01:10:25,324
because of the crisis you just can't go

1024
01:10:25,324 --> 01:10:27,444
because we already had one flight this year, right?

1025
01:10:27,984 --> 01:10:29,024
Sorry, Mr. Tim,

1026
01:10:29,564 --> 01:10:30,964
we cannot use your wallet

1027
01:10:30,964 --> 01:10:33,004
to pay for this flight, right?

1028
01:10:33,624 --> 01:10:35,304
And this is gonna be

1029
01:10:35,304 --> 01:10:37,184
basically the wet dream

1030
01:10:37,184 --> 01:10:39,164
of the Chinese social

1031
01:10:39,164 --> 01:10:40,484
credit score system

1032
01:10:40,484 --> 01:10:43,164
where you lose points

1033
01:10:43,164 --> 01:10:45,104
for a tweet against something.

1034
01:10:46,164 --> 01:10:47,104
For me,

1035
01:10:47,344 --> 01:10:49,204
I want to get as far away

1036
01:10:49,204 --> 01:10:51,104
as possible from that

1037
01:10:51,104 --> 01:10:54,884
and I think the continent of Latin America

1038
01:10:54,884 --> 01:10:59,124
being two or three decades behind

1039
01:10:59,124 --> 01:11:02,644
is going to be the place where I'm going to be

1040
01:11:02,644 --> 01:11:05,404
without all that at least two or three decades more

1041
01:11:05,404 --> 01:11:11,184
and maybe we can somehow survive without it down there

1042
01:11:11,184 --> 01:11:15,384
but let's see, I hope the public backlash of that

1043
01:11:15,384 --> 01:11:19,184
is going to stop it even more or slow it down or whatever

1044
01:11:19,184 --> 01:11:21,024
and if you are

1045
01:11:21,024 --> 01:11:23,004
cornered against

1046
01:11:23,004 --> 01:11:25,224
the wall and you can't do anything

1047
01:11:25,224 --> 01:11:26,984
about it, maybe you've got to go to a free city.

1048
01:11:28,024 --> 01:11:29,364
But even a free city

1049
01:11:29,364 --> 01:11:31,344
will, there'll be

1050
01:11:31,344 --> 01:11:32,964
like I say, there'll be digital ID.

1051
01:11:33,304 --> 01:11:35,144
There will be digital ID but in another form.

1052
01:11:36,084 --> 01:11:36,704
I don't know.

1053
01:11:37,604 --> 01:11:39,204
It will be another form. This is

1054
01:11:39,204 --> 01:11:40,424
the thing, I think this is

1055
01:11:40,424 --> 01:11:43,244
it's almost like we need, like you say, we need

1056
01:11:43,244 --> 01:11:44,824
30 years to

1057
01:11:44,824 --> 01:11:47,504
just freeze it to give people a chance

1058
01:11:47,504 --> 01:11:51,844
to sell the idea of a different version of digital ID.

1059
01:11:52,884 --> 01:11:56,964
Because I think, to what you said about the fact

1060
01:11:56,964 --> 01:12:00,244
that linking digital ID with CBDC is a disaster,

1061
01:12:00,524 --> 01:12:01,644
absolutely, I agree with you.

1062
01:12:02,284 --> 01:12:05,104
But we have a parallel system, fortunately.

1063
01:12:05,824 --> 01:12:08,544
And between you and me now, we can deal in Bitcoin

1064
01:12:08,544 --> 01:12:10,024
and no one knows anything about anything.

1065
01:12:10,324 --> 01:12:12,484
It doesn't matter whether we've got a digital ID or a CBDC.

1066
01:12:12,904 --> 01:12:14,624
It makes absolutely no difference.

1067
01:12:14,624 --> 01:12:21,984
obviously the on-ramps between Bitcoin and CBDC will probably get closed down in some shape or

1068
01:12:21,984 --> 01:12:27,424
form or just restricted. But that doesn't matter. Because once we're all transact, I mean, I already

1069
01:12:27,424 --> 01:12:33,544
transact in Bitcoin regularly with people, you know, so that will only get better and better and

1070
01:12:33,544 --> 01:12:49,080
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

1071
01:12:49,080 --> 01:12:53,920
because as everyone goes through that notion of understanding what Bitcoin is,

1072
01:12:54,760 --> 01:12:58,100
slowly but surely, it's an easy choice.

1073
01:12:58,520 --> 01:12:59,940
It's a no-brainer's choice.

1074
01:13:00,320 --> 01:13:03,180
I don't know how people are still not everybody into Bitcoin.

1075
01:13:03,320 --> 01:13:03,760
How the hell?

1076
01:13:04,200 --> 01:13:04,360
Yeah.

1077
01:13:04,360 --> 01:13:12,100
but the the other side of it which is you know the you know the the movement quotas and the the

1078
01:13:12,100 --> 01:13:19,660
social credit thing that is an issue because it's there's freedom in the digital world and it's

1079
01:13:19,660 --> 01:13:24,420
bitcoin but there isn't freedom in the physical world there's someone standing between you and a

1080
01:13:24,420 --> 01:13:30,560
train or a bit of technology that says no tim you can't get on the train you your credit score's too

1081
01:13:30,560 --> 01:13:36,340
low or the plane or even someone with a gun god forbid saying you can't come through that is

1082
01:13:36,340 --> 01:13:43,380
different and there is no there is no algorithmic solution to that other than you know like hacking

1083
01:13:43,380 --> 01:13:47,080
the system or something and i'm almost certain that's going to happen left right and center

1084
01:13:47,080 --> 01:13:53,500
however i don't want to be that guy i don't want to be traveling around the world and on fake ids

1085
01:13:53,500 --> 01:13:57,580
and fake whatevers, you know, that's not my style, you know.

1086
01:13:58,440 --> 01:14:01,600
I want to, yeah, I don't want that.

1087
01:14:02,280 --> 01:14:05,760
But I also don't want to be trapped in one corner of the world

1088
01:14:05,760 --> 01:14:08,760
where freedom lovers live, which might happen.

1089
01:14:09,640 --> 01:14:12,440
My dream is the parallel system,

1090
01:14:12,900 --> 01:14:14,860
but that's difficult in the physical world.

1091
01:14:16,480 --> 01:14:17,480
True, true.

1092
01:14:17,700 --> 01:14:21,060
I mean, it's a hard, hard question without a solution in the moment, right?

1093
01:14:21,060 --> 01:14:24,060
I would probably...

1094
01:14:24,060 --> 01:14:26,320
Well, you've got a pretty good strategy.

1095
01:14:26,860 --> 01:14:28,980
Your strategy is let's build somewhere nice,

1096
01:14:29,100 --> 01:14:31,120
ride it out and see what happens, isn't it?

1097
01:14:31,180 --> 01:14:31,380
Really?

1098
01:14:31,800 --> 01:14:33,680
That's kind of part of it, for sure.

1099
01:14:34,460 --> 01:14:35,860
Surround yourself with good people,

1100
01:14:36,340 --> 01:14:37,300
open strong businesses,

1101
01:14:37,700 --> 01:14:39,700
be financially very strong and influent

1102
01:14:39,700 --> 01:14:43,420
and hope that you kind of go through and ride it out.

1103
01:14:43,680 --> 01:14:45,560
And a lot of what goes on in a place like,

1104
01:14:45,640 --> 01:14:50,020
you know, Crypto City is going to be people discussing this.

1105
01:14:50,020 --> 01:14:56,320
yeah this how do we circumnavigate this how do we change this how do we whatever which is good

1106
01:14:56,320 --> 01:15:01,600
you know and i think that's you know i'm a big proponent of getting people like many people

1107
01:15:01,600 --> 01:15:07,160
together in one place it's a good idea because we are i think we're a minority quite a minority

1108
01:15:07,160 --> 01:15:13,260
and we all it's only like three days a year and in this three days a year you get so many contacts

1109
01:15:13,260 --> 01:15:15,320
and mind viruses and whatever, right?

1110
01:15:15,820 --> 01:15:18,140
Imagine that 24-7 with your own beach club.

1111
01:15:19,560 --> 01:15:21,860
Yeah, you know what is going to happen

1112
01:15:21,860 --> 01:15:22,920
when you have 300,

1113
01:15:23,000 --> 01:15:25,000
I always tell it in German in my speeches,

1114
01:15:25,620 --> 01:15:27,820
300 little Duracell batteries, right?

1115
01:15:27,820 --> 01:15:29,740
And all of those entrepreneurs being like,

1116
01:15:29,840 --> 01:15:32,540
and they sit together 24-7,

1117
01:15:32,680 --> 01:15:33,700
what the fuck is going to happen?

1118
01:15:33,900 --> 01:15:35,440
Obviously, there's going to be hundreds of companies,

1119
01:15:35,600 --> 01:15:37,500
there's going to be solutions to things

1120
01:15:37,500 --> 01:15:39,500
we're not even dreaming about of yet, right?

1121
01:15:40,280 --> 01:15:42,040
Having your port in front of your door,

1122
01:15:42,040 --> 01:15:46,720
you have a little boat you go to another island you do a weekend on kochi or kubawa you come back

1123
01:15:46,720 --> 01:15:51,080
you know you work on your business again then you have a short little trip to dubai because you need

1124
01:15:51,080 --> 01:15:56,380
to do some business there because the airport is five minutes from your home it's gonna be huge and

1125
01:15:56,380 --> 01:16:05,100
great you know what's your um like 20 second pitch of crypto city like you also said it a few times

1126
01:16:05,100 --> 01:16:10,240
say it say it now whatever it is what elevator pitch of crypto city yeah yeah but a really brief

1127
01:16:10,240 --> 01:16:16,620
one not like because i know but you like i was just thinking it is like you say something like

1128
01:16:16,620 --> 01:16:23,920
high net worth like liberty minded high high net worth or freedom minded or basically um what i

1129
01:16:23,920 --> 01:16:30,380
describe crypto city like really briefly it's uh 40 hectares of land in margarita island very far

1130
01:16:30,380 --> 01:16:36,000
away from europe where you have 300 high high level high net worth entrepreneurs living together

1131
01:16:36,000 --> 01:16:36,760
and doing business.

1132
01:16:37,200 --> 01:16:37,320
Yeah.

1133
01:16:37,400 --> 01:16:38,100
That's about it.

1134
01:16:38,920 --> 01:16:41,420
But the cultural component is important.

1135
01:16:41,780 --> 01:16:43,040
You don't seem to talk about that.

1136
01:16:43,640 --> 01:16:44,680
But that's, it's a massive,

1137
01:16:44,820 --> 01:16:46,380
not only is it important, I think,

1138
01:16:46,440 --> 01:16:47,840
in the fact that, you know,

1139
01:16:48,400 --> 01:16:49,700
that's what's going on,

1140
01:16:49,740 --> 01:16:51,720
but you have a bloody vetting process

1141
01:16:51,720 --> 01:16:53,880
specifically to vet people out who...

1142
01:16:53,880 --> 01:16:54,560
Hand-selected.

1143
01:16:54,740 --> 01:16:55,280
Right, okay.

1144
01:16:55,580 --> 01:16:56,800
But you never seem to mention that.

1145
01:16:56,860 --> 01:16:57,780
I don't know why that is.

1146
01:16:58,220 --> 01:16:59,180
I always mention it.

1147
01:16:59,260 --> 01:16:59,740
It's on the homepage.

1148
01:16:59,780 --> 01:17:01,620
No, but like there, that pitch there,

1149
01:17:01,760 --> 01:17:03,240
it was like high net worth individuals.

1150
01:17:03,240 --> 01:17:10,100
yours maybe it's because of my subconscious funnel structure subconscious funnel structure i want to

1151
01:17:10,100 --> 01:17:14,040
attract everybody have them on the phone you know all right and then i have a lot of people yeah

1152
01:17:14,040 --> 01:17:19,620
what i learned is um i have two neighbors actually who thought they were too small

1153
01:17:19,620 --> 01:17:26,080
to be a part of crypto city both multi-millionaires by the way but only having one that one has like

1154
01:17:26,080 --> 01:17:30,300
only 1.8 million and the other has only like two and you're like oh i thought i'm too small

1155
01:17:30,300 --> 01:17:31,740
no you're not

1156
01:17:31,740 --> 01:17:33,660
I'm not giving

1157
01:17:33,660 --> 01:17:37,060
any importance to your net worth

1158
01:17:37,060 --> 01:17:38,660
of course you should have

1159
01:17:38,660 --> 01:17:40,340
$2.50 in your pockets right

1160
01:17:40,340 --> 01:17:42,280
because you're going to buy a plot which is I don't know

1161
01:17:42,280 --> 01:17:44,240
maybe 100 grand and a house for like 250

1162
01:17:44,240 --> 01:17:47,020
so you should bring 3-400 grand

1163
01:17:47,020 --> 01:17:48,680
but then we have

1164
01:17:48,680 --> 01:17:50,180
a little bit of money to invest together

1165
01:17:50,180 --> 01:17:52,180
but as long as you're on the same values

1166
01:17:52,180 --> 01:17:54,120
on the same wealth length

1167
01:17:54,120 --> 01:17:55,340
and you're a great guy

1168
01:17:55,340 --> 01:17:58,020
and you're not exactly poor fine

1169
01:17:58,020 --> 01:18:00,200
that's all we need you know we have people from

1170
01:18:00,200 --> 01:18:02,940
from a million up until 500 million.

1171
01:18:03,440 --> 01:18:04,960
It's a mix to everything.

1172
01:18:05,580 --> 01:18:07,940
And you're going to have a boundary

1173
01:18:07,940 --> 01:18:10,500
and you're going to have services inside

1174
01:18:10,500 --> 01:18:14,960
that are kind of like a small city services and stuff.

1175
01:18:15,020 --> 01:18:15,860
Yeah, yeah, yeah, of course.

1176
01:18:16,100 --> 01:18:19,320
Restaurants and gardening and security service

1177
01:18:19,320 --> 01:18:21,720
and, you know, air condition, medical.

1178
01:18:22,840 --> 01:18:23,720
Yeah, it's a little city.

1179
01:18:23,800 --> 01:18:25,100
It's not a huge thing, you know.

1180
01:18:25,220 --> 01:18:26,060
40 hectares is big,

1181
01:18:26,140 --> 01:18:29,320
but it's not like an actual Frankfurt city or something.

1182
01:18:29,320 --> 01:18:32,200
but the infrastructure of Margarita is really good.

1183
01:18:32,200 --> 01:18:35,160
I mean, you have the huge malls, you have the clinics,

1184
01:18:35,160 --> 01:18:38,420
you can do brain surgery in Margarita if you want, it's really crazy.

1185
01:18:38,420 --> 01:18:50,836
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

1186
01:18:51,136 --> 01:18:53,876
It's not a rock somewhere where nothing's existing

1187
01:18:53,876 --> 01:18:54,796
and nothing's happening.

1188
01:18:56,616 --> 01:18:57,776
We'll wrap it up soon.

1189
01:18:57,876 --> 01:19:01,336
But before you go, let's talk about going forward,

1190
01:19:01,936 --> 01:19:06,316
timescales, the next sort of, I don't know, up to you,

1191
01:19:06,656 --> 01:19:09,296
year, two years, five years, whatever, months even.

1192
01:19:09,616 --> 01:19:17,156
I think up until December we're going to do waltz, the contingent waltz, right?

1193
01:19:17,276 --> 01:19:19,256
We are done with the terraces now, it's the waltz.

1194
01:19:19,836 --> 01:19:25,196
In Venezuela there's a really funny law I'm kind of not a really fan of.

1195
01:19:25,596 --> 01:19:28,776
In Margarita they put the hammer down on the 15th of December

1196
01:19:28,776 --> 01:19:33,296
and then they are like a month of freedom, right?

1197
01:19:33,316 --> 01:19:34,536
Christmas and everything.

1198
01:19:34,776 --> 01:19:37,856
And then the first two January weeks nobody's going to work on construction.

1199
01:19:37,856 --> 01:19:40,616
because last year I was at the typical

1200
01:19:40,616 --> 01:19:42,376
German, 2nd of January I was at

1201
01:19:42,376 --> 01:19:44,436
the site and I was like, where the hell is

1202
01:19:44,436 --> 01:19:44,936
everybody?

1203
01:19:45,836 --> 01:19:46,656
Let's go.

1204
01:19:49,416 --> 01:19:50,556
Nobody's going to come until

1205
01:19:50,556 --> 01:19:52,636
the 15th. 15th? Are you crazy?

1206
01:19:52,816 --> 01:19:54,656
Whatever. I think

1207
01:19:54,656 --> 01:19:56,516
boards until December

1208
01:19:56,516 --> 01:19:58,436
continuing in the first

1209
01:19:58,436 --> 01:20:00,636
quarter of the year

1210
01:20:00,636 --> 01:20:02,496
2026 and then

1211
01:20:02,496 --> 01:20:04,176
we're going to do asphalt and cement

1212
01:20:04,176 --> 01:20:05,256
and then around

1213
01:20:05,256 --> 01:20:07,616
autumn. Cement is

1214
01:20:07,616 --> 01:20:10,096
for the road, under the roads

1215
01:20:10,096 --> 01:20:10,976
or for the plots?

1216
01:20:12,416 --> 01:20:12,856
Roads.

1217
01:20:13,216 --> 01:20:15,116
Right, yeah, and then asphalt on top.

1218
01:20:15,136 --> 01:20:17,736
And then the plots themselves, they can

1219
01:20:17,736 --> 01:20:19,756
basically construct once we have done

1220
01:20:19,756 --> 01:20:21,856
the wards, right? So I think next summer, next autumn

1221
01:20:21,856 --> 01:20:23,096
we are going to start the first houses.

1222
01:20:23,776 --> 01:20:25,596
My business partner, my Venezuelan one

1223
01:20:25,596 --> 01:20:27,936
explained to me, Tim, there are three factors

1224
01:20:27,936 --> 01:20:29,996
influencing a construction

1225
01:20:29,996 --> 01:20:31,736
site and it's money, money

1226
01:20:31,736 --> 01:20:32,736
and then money, right?

1227
01:20:33,656 --> 01:20:35,176
Depending on the people, right?

1228
01:20:35,256 --> 01:20:38,576
If somebody pays up the entire house, obviously it's going to be faster, right?

1229
01:20:38,596 --> 01:20:42,556
But if you do it in milestones, which we normally do, you know, the foundation is a milestone,

1230
01:20:42,796 --> 01:20:47,836
and then the walls is a milestone, the roof is a milestone, the interior color is a milestone, whatever.

1231
01:20:48,796 --> 01:20:50,516
It's up to people's speeds, right?

1232
01:20:51,236 --> 01:20:56,236
Because you still have to somehow get the money to Venezuela first,

1233
01:20:56,236 --> 01:20:59,936
because, you know, it's all sanctioned and banking problems and blah,

1234
01:21:00,236 --> 01:21:03,596
and your bank is going to ask once you send the money,

1235
01:21:03,596 --> 01:21:05,896
where is it for, what is it for, you know,

1236
01:21:05,956 --> 01:21:07,336
and you can't exactly say,

1237
01:21:07,436 --> 01:21:09,236
even as well in the construction project,

1238
01:21:09,376 --> 01:21:10,836
because they are going to show you,

1239
01:21:11,216 --> 01:21:12,796
it's not going to happen, right?

1240
01:21:12,896 --> 01:21:13,076
Really?

1241
01:21:13,436 --> 01:21:15,276
Even if you want to spend it on a...

1242
01:21:15,936 --> 01:21:16,236
Why?

1243
01:21:17,256 --> 01:21:17,696
Sanctioned.

1244
01:21:18,056 --> 01:21:18,536
Is it?

1245
01:21:18,976 --> 01:21:20,916
Of course, it's sanctioned to death by the Americans.

1246
01:21:20,936 --> 01:21:21,796
I did not know.

1247
01:21:21,956 --> 01:21:22,876
I did not know that.

1248
01:21:22,936 --> 01:21:26,916
Since 2016, 17, that's why they are so in the crisis.

1249
01:21:27,196 --> 01:21:28,376
I did not know that.

1250
01:21:28,416 --> 01:21:29,056
What about Europe?

1251
01:21:30,056 --> 01:21:30,576
Is it sanctioned?

1252
01:21:30,636 --> 01:21:31,376
Do Europe sanction it?

1253
01:21:31,376 --> 01:21:33,956
Europe is having a fluctuating stance.

1254
01:21:35,116 --> 01:21:38,756
When they had them sanctioned at some point of time,

1255
01:21:38,856 --> 01:21:40,076
then they unsanctioned.

1256
01:21:40,436 --> 01:21:42,456
In the moment since the last elections,

1257
01:21:42,636 --> 01:21:44,216
they are on the sanctioning side again.

1258
01:21:45,796 --> 01:21:46,616
Bloody hell.

1259
01:21:47,096 --> 01:21:52,856
So, and you said earlier you were looking to raise for the port.

1260
01:21:54,776 --> 01:21:56,956
That's going to be interesting then, trying to get 30 million.

1261
01:21:56,956 --> 01:21:57,236
Bitcoin.

1262
01:21:57,816 --> 01:21:58,056
Oh.

1263
01:21:58,056 --> 01:22:03,836
that's exactly why we are gonna need bitcoin in the future and we're gonna need it even more than

1264
01:22:03,836 --> 01:22:09,476
we need it now once cbdc's are coming once total control is here the blockchain doesn't care if

1265
01:22:09,476 --> 01:22:16,536
you send 10 bucks or 10 000 bucks right and that's something which i am now most people buy bitcoin

1266
01:22:16,536 --> 01:22:22,336
because they want to have the gains right but fuck the gains it's nice but your liberty is really

1267
01:22:22,336 --> 01:22:28,136
the most important thing if you are sitting on a block of money in europe and you want to get it

1268
01:22:28,136 --> 01:22:32,176
out there's going to be a point in time in germany where they're going to disallow that

1269
01:22:32,176 --> 01:22:36,716
and they're going to tell you you have to get permission to send your money if i send

1270
01:22:36,716 --> 01:22:42,236
20 000 from a european account to america i already see this i already see the consequences

1271
01:22:42,236 --> 01:22:46,876
you know like proof of funds and where's it coming from and where's it going to and why and

1272
01:22:46,876 --> 01:22:52,316
do you have an invoice fuck you it's my money and if i want to send it to the prince of nigeria

1273
01:22:52,316 --> 01:22:53,996
you have to allow it to me, right?

1274
01:22:54,516 --> 01:22:56,356
No, it's all for scam protection and blah.

1275
01:22:56,416 --> 01:22:57,056
No, it's not.

1276
01:22:57,676 --> 01:22:59,856
You just want to know where my money is going to

1277
01:22:59,856 --> 01:23:00,776
and you want to plug it.

1278
01:23:01,176 --> 01:23:02,796
And it is only going to get worse.

1279
01:23:02,896 --> 01:23:04,076
And once it's a CBDC,

1280
01:23:05,776 --> 01:23:08,496
Jesus Christ, it's so easy.

1281
01:23:09,276 --> 01:23:11,416
I mean, at least there's a bit of friction

1282
01:23:11,416 --> 01:23:13,876
between banks and central banks and stuff at the moment.

1283
01:23:14,116 --> 01:23:14,736
But Jesus, CBDC.

1284
01:23:14,736 --> 01:23:16,856
With the pushover button, you're out of the system

1285
01:23:16,856 --> 01:23:18,356
because it's a bad tweet.

1286
01:23:18,356 --> 01:23:24,376
and if you think this is something crazy right now did you think it was possible to be locked

1287
01:23:24,376 --> 01:23:33,216
in your house for two years 10 years ago yes exactly he so okay positive positive positive

1288
01:23:33,216 --> 01:23:37,876
positive content it's all good for the algorithm youtube yes recommendation please thank you

1289
01:23:38,416 --> 01:23:42,476
no it's for me mate i'm positive i'm always the one blackpilling

1290
01:23:42,476 --> 01:23:47,736
because most people come in here with a really positive attitude and i have to push back on

1291
01:23:47,736 --> 01:23:58,556
things and i that's my part of my job but um so so walls until q1 roads until q3 and then start

1292
01:23:58,556 --> 01:24:03,536
building the houses wow that's the that's the plan maybe we're going to do a demo house before

1293
01:24:03,536 --> 01:24:08,236
because uh all the people are always crying about oh what about the houses what about the houses

1294
01:24:08,236 --> 01:24:13,196
yeah man maybe we should do the foundation before the houses right but maybe i'm going to do a demo

1295
01:24:13,196 --> 01:24:18,876
house just to shut them up you know well if you do one road in before you do all the other ones

1296
01:24:18,876 --> 01:24:24,316
is a probably a good idea isn't it it's kind of annoying because you know you have to connect the

1297
01:24:24,316 --> 01:24:29,816
roads and you're gonna need to make sure that you don't have the cracks in the cement and you should

1298
01:24:29,816 --> 01:24:35,756
do everything in one go you know if not you're gonna have cracks later but um maybe we're gonna

1299
01:24:35,756 --> 01:24:41,476
build a house on one plot without even any roads it's a hassle to get the stuff there but um

1300
01:24:41,476 --> 01:24:52,312
so be it show house well fantastic mate and congrats on um moving forward thank you you know it was a year

1301
01:24:52,312 --> 01:24:58,192
ago literally probably to the day that we spoke last and you what you said was happening then is

1302
01:24:58,192 --> 01:25:03,592
happened so you know you're following through which is always a good sign slimmer now i was

1303
01:25:03,592 --> 01:25:08,632
really fad in our last interview you were that's probably the stress yes you're gonna get a lot

1304
01:25:08,632 --> 01:25:13,512
thinner after this i hope so you imagine when you wait till you start building houses mate i've

1305
01:25:13,512 --> 01:25:18,872
you know i've built a house myself and i'm a really chilled out person and i got irate with

1306
01:25:18,872 --> 01:25:25,752
the builders now you times that by 300 i'm so happy that i have my business partner who's

1307
01:25:26,472 --> 01:25:30,312
40 50 years in construction because i asked the same question to him once

1308
01:25:31,352 --> 01:25:38,472
louis uh what is going to happen when we're going to build 100 houses

1309
01:25:38,472 --> 01:25:43,672
it's gonna be crazy it's gonna be i don't know 800 people on the construction site and all crazy

1310
01:25:43,672 --> 01:25:50,172
and he was just laughing and said made my biggest construction site had like 10 000 people working

1311
01:25:50,172 --> 01:25:56,132
together i'm doing this sleeping you know on my left cheek you know so chill you know it's gonna

1312
01:25:56,132 --> 01:26:02,632
yeah that's nice yep that is very nice well listen tim thanks for coming in again and good to see you

1313
01:26:02,632 --> 01:26:03,972
and I will see you.

1314
01:26:04,452 --> 01:26:06,792
Actually, I'm trying to plan a trip out,

1315
01:26:07,112 --> 01:26:08,852
inspired by Peter's trip out there.

1316
01:26:09,632 --> 01:26:13,292
I want to come to Central America next year

1317
01:26:13,292 --> 01:26:14,832
because there's a lot going on,

1318
01:26:15,232 --> 01:26:17,512
regardless of the fact that the conference

1319
01:26:17,512 --> 01:26:18,752
is going to be in Prosper next year.

1320
01:26:19,332 --> 01:26:20,392
But I want to come out.

1321
01:26:20,452 --> 01:26:21,712
I want to do Panama.

1322
01:26:21,892 --> 01:26:23,152
There's a lot of things to see there,

1323
01:26:23,332 --> 01:26:25,152
Costa Rica, you guys, you know.

1324
01:26:25,272 --> 01:26:27,992
So, yeah, hopefully it'll be sooner rather than later.

1325
01:26:28,412 --> 01:26:30,172
Do Margarita as the last,

1326
01:26:30,352 --> 01:26:31,832
because if you're coming first,

1327
01:26:31,832 --> 01:26:34,752
you're going to have bad experiences after all this

1328
01:26:34,752 --> 01:26:36,592
because Margarita is just the best, man.

1329
01:26:37,612 --> 01:26:40,732
What's the flight situation in and out of Margarita again?

1330
01:26:40,852 --> 01:26:42,672
In like Europe, connecting with Europe?

1331
01:26:42,672 --> 01:26:44,512
There's a funny direct flight from Moscow,

1332
01:26:44,792 --> 01:26:46,852
from the Russians to Margarita.

1333
01:26:47,032 --> 01:26:48,292
There's a Polish flight.

1334
01:26:48,392 --> 01:26:51,072
But you can't fly from Moscow to...

1335
01:26:51,072 --> 01:26:51,992
Margarita straight directly.

1336
01:26:51,992 --> 01:26:53,832
No, no, no, but you can't fly to Europe from Moscow

1337
01:26:53,832 --> 01:26:55,152
because of the war, right?

1338
01:26:55,392 --> 01:26:56,532
I think so. I don't know.

1339
01:26:56,792 --> 01:26:59,572
Well, I had an Aeroflot ticket.

1340
01:26:59,572 --> 01:27:03,352
just the just they just cancelled and didn't even give me the money back

1341
01:27:03,352 --> 01:27:07,192
funny enough to Mongolia from Moscow and yeah I've never been able to use it

1342
01:27:07,192 --> 01:27:11,092
yeah yeah you're always gonna be probably be with Madrid Spain so you go

1343
01:27:11,092 --> 01:27:14,932
to Madrid Spain and then you go to Venezuela and then how do you get from

1344
01:27:14,932 --> 01:27:19,132
is it crackers or is it go straight yeah but there's like eight flights a day to

1345
01:27:19,132 --> 01:27:25,972
Margarita it's just a half an hour hop you go to is it so it's it's Spain to

1346
01:27:25,972 --> 01:27:30,992
venezuela direct because i was thinking if i come in one way and come out the other way

1347
01:27:30,992 --> 01:27:37,492
yeah okay yeah would be possible and easy to stay places in margarita i take it oh i have a little

1348
01:27:37,492 --> 01:27:42,772
hotel now in last time i didn't have it but i have a posada now so you can have a free accommodation

1349
01:27:42,772 --> 01:27:47,772
oh you you bought a hotel or you no a posada what's that a posada is not a it's like not what

1350
01:27:47,772 --> 01:27:54,032
you imagine a hotel a posada is like several apartments in a u-shape with a big pole in the

1351
01:27:54,032 --> 01:28:00,532
middle right it's like a holiday house something like that finca finca yeah some yeah with several

1352
01:28:00,532 --> 01:28:05,952
apartments right okay cool nice one thanks mate and good luck with everything see you next time

1353
01:28:05,952 --> 01:28:09,672
and thank you next time press the bell don't forget to subscribe and everything right because

1354
01:28:09,672 --> 01:28:16,712
timothy is gonna have a million subscribers yes on the road to a million see you mates bye cheers

1355
01:28:24,032 --> 01:28:35,732
I'd like to take a couple of minutes just to tell you about what I think is one of the most

1356
01:28:35,732 --> 01:28:40,372
interesting real world freedom projects that we've come across recently. If you've been listening to

1357
01:28:40,372 --> 01:28:44,852
this podcast for a while, you'll know that I'm always looking for things that actually exist,

1358
01:28:44,852 --> 01:28:49,812
not the concepts, not the renderings, but real projects where people are already building the

1359
01:28:49,812 --> 01:28:55,012
future. And this brings me to the Reef Resort, developed by the seasteading company ArcPad,

1360
01:28:55,252 --> 01:28:59,912
founded, of course, by Mitchell Suchner, who, many of you will remember, was the winner of

1361
01:28:59,912 --> 01:29:05,652
the Innovation Award at the 2025 Free Cities Conference. The Reef Resort, as far as we're

1362
01:29:05,652 --> 01:29:11,432
aware, is the world's first operational seasteading resort. It's located just off the coast of Samal

1363
01:29:11,432 --> 01:29:17,132
Island in the Philippines, where ArcPad currently operates. 14 floating units available through

1364
01:29:17,132 --> 01:29:22,952
Airbnb and other platforms, a project that has already hosted thousands of guests in both their

1365
01:29:22,952 --> 01:29:28,272
accommodation and floating restaurant. Now, here's the development that will be especially interesting

1366
01:29:28,272 --> 01:29:35,012
to listeners of this podcast. ArcPad is planning a second reef resort, this time off the coast of

1367
01:29:35,012 --> 01:29:40,312
Prospera in Honduras, one of the most important Free Cities projects in the world, and construction

1368
01:29:40,312 --> 01:29:46,272
is intended to align with the 2026 Free Cities Conference. So this is where the opportunity

1369
01:29:46,272 --> 01:29:52,152
comes for you. You can now pre-purchase ownership in the Prospera Reef Resort. Ownership is available

1370
01:29:52,152 --> 01:29:57,372
either outright or through fractional shares, allowing you to purchase from as little as 1%

1371
01:29:57,372 --> 01:30:02,992
up to full ownership. Your ownership percentage determines your usage rights, your share of rental

1372
01:30:02,992 --> 01:30:08,412
income from the eco-resort operations and your voting power in property decisions. This also

1373
01:30:08,412 --> 01:30:13,812
gives you the opportunity, of course, to be part of a pioneering ocean-based development within the

1374
01:30:13,812 --> 01:30:20,192
Free Cities ecosystem. Full units at the Prospera site start from $95,000, but with fractional

1375
01:30:20,192 --> 01:30:25,032
ownership available, you can participate at whatever level suits you. If you'd like to

1376
01:30:25,032 --> 01:30:30,072
explore this opportunity, I've included a link in the show notes where you can register your interest

1377
01:30:30,072 --> 01:30:34,972
and access the pre-purchase information. If you're interested in Free Cities, Frontier Living,

1378
01:30:34,972 --> 01:30:40,692
and the future of ocean-based communities, then this is a chance to get involved at the ground

1379
01:30:40,692 --> 01:30:47,272
floor. Seasteading is no longer just an idea. It's happening and now it's coming to prospera.