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Hello, everybody. My name is Daniel Prince, and I'm the host of the Once Bitten podcast.

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This is a podcast focused on Bitcoin. It's my mission to interview as many people as I can

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around the different aspects of Bitcoin and help people understand exactly what Bitcoin could mean

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for them and for their families and for their future. I hope you enjoy the show. Thank you so

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much for listening. Hello everybody and welcome to this episode of the Once Bitten podcast.

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Joining me today from El Salvador is Chimbera back on the show. Great to have you back brother

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and his partner Lexi who have put together a great company to help people who are looking to go and

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explore El Salvador and that could just be from tours to looking around to getting to know the

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area all the way up to buying a property they are there to help you they've set up the whole suite

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of services that they can offer to you as people on the ground with local knowledge because obviously

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chimbera is from el salvador grew up there his whole life um this is the one-stop shop for you

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to plug into if you are planning a trip to el salvador we are guilty we have not been and

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it's been yeah far too long and for whatever reason we just we can't make it work for us to

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get there at the moment uh with timings with everything else and too many excuses whatever

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but yeah it's a big miss on our bucket list to get over there but i do know that when we do get

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over there we will be plugging in with chimbera and lexi and they can show us the best places to

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go the best bars the restaurants the cafes and like i said all the way up if you're thinking

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about moving out there and you want some guidance on property they've got you so sit back relax

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enjoy this one with Jim Berra and Lexi and I'm sure you're going to find something of value out

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of this before we get into the show though quick shout out to the show sponsors thank you relay

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Go and follow them on Twitter and check out what they're doing.

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paywithflash.com is the easiest way for you to plug that in.

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That's brought to you by Chief Monkey and his team over at Plebium.Market doing great, great work.

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And if you're in the US, go and check out The Circle P.

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That's brought to you by Dave Bennett.

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Have you listened to Dave's episodes?

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He's been on a couple of times.

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We talked about fungi, Arbuscular mycorrhizal, and how they form the marketplace in the earth underneath the trees.

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And it was crazy, a brilliant episode.

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and we did a Forest Walker episode as well.

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A great idea of his.

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Go and check out his podcast,

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Bitcoin and.

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Go find it on Fountain.

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If you're not listening on Fountain,

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you should be,

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but Dave releases a show

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pretty much on the daily.

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He's been around for so long.

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He's full of signal.

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He reads the news that you can use.

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So get over to Bitcoin and

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and go follow Dave.

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Bubble.fm.

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B-U-B-B-L.fm.

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Start curating your podcasts.

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I've had Kaz on the show.

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Go back, just type Kaz, K-A-Z in the fountain search,

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and you will go and find that episode.

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You can start using their tools to curate every single Bitcoin podcast out there

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to the topics that you want to hear.

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So that's bubble, B-U-B-B-L dot F-M.

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Finally, Orange Pill app growing like a weed.

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Almost 17,000 users.

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There's going to be, come the end of this year, 20, 25,000 users.

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when you download that app you can open it up wherever you're traveling you can find your local

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events your local bitcoiners you can even find places that are accepting bitcoin get connected

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get to riga as well that's coming up use the code bit in a checkout get a 10 discount and if you

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can't make riga get to helsinki these links are in the show notes meanwhile here's lexi and chimbera

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all right we're recording guys we got lexi and uh huaman otherwise known as uh chimbera

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and I said Roman in the French style

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it should be Roman, shouldn't it?

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I gotta roll the R with my tongue.

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Je m'appelle

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Roman, Roman.

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We're multilingual

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here.

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Before we started, Chimbera

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we were talking about when you last came on the show

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and that was

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the 1st of July

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2021.

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Wow.

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Four years ago.

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A long time ago, I used to be young and pink.

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Now I'm heavy and old.

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Yeah, and a dad.

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We're going to need three episodes to cover everything that's happened between then and now.

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Absolutely.

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And the price of Bitcoin, what do you think?

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Can you guys guess what it was?

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1st of July 2021

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because I price stamp each episode

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I think it was around 15k

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any idea Lexi

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2021

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1st July

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20

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33,250 dollars

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wow

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yeah

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yeah

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I think it was just a year prior that Chimber was saying,

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Lexi, you have to get onto this thing, Bitcoin.

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You need to learn more about it.

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I think it was $3,000 just a year prior or something, right?

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Yeah.

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Man, and here we are today.

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What, like 110?

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And the funny thing is people are complaining now, Daniel.

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Like, Bitcoin is just 110, you know?

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Yeah.

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Absolutely.

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I'm too late.

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I'm too late.

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And the people that have been in Bitcoin say, oh, man, like, why did this Bitcoin go so slow?

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You know, it's so funny.

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Exactly.

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All right.

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So, Lauren, what are you going to you're going to lead off the question.

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So in 2021.

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So, yeah.

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Last time when Chimbera answered your first question, you would have been, yeah, 10.

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Yeah.

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She's she's a little bit taller now, mate, as you.

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Yeah.

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As you will find out.

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Are you coming to Prague or are you coming to Riga?

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No, yeah, this year I will not be in Prague, but Mike will go to Riga this year.

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Okay, cool.

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Yeah, we have so many things here in El Sabo and some family trips that it's going to be hard to go to all the Bitcoin conference.

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I'm guessing for you guys it's the same.

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and but we're gonna be in lugano i hope i will see i will see you guys there okay cool and we still

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we still need to come to el salvador i was gonna say el salvador's next on our list isn't it

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the list just keeps getting jumbled just getting longer longer and more jumbled yeah yeah there's

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no it's no one two three four it's just a big jumbled mess of a list no 100 i think is

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you gotta put it in the in your in your list and put a date you know or put a price in bitcoin i

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don't know if they can reach out to this price we all go to all savannah you know but when you you

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have the uh not a party the conference in november is that right adopting yeah adopting bitcoin

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and then in january there is going to be the plan b forum in el sabbador so two opportunities choose

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november or january yeah lauren still wants the purposes

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do you remember chimbera telling you about the juices

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we we did have some bitcoin racing we went to go and support bitcoin racing in silverstone at the

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end of the the season the season before last and they hired an el salvadoran um hapusa stand to come

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and give out refreshments yeah because they have the el salvador flag on the top of their car

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and the embassy there, they closely support the team.

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And they come across to El Salvador and race.

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They race on the track there because I know El Salvador,

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they love over there, they love their motorsports.

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Who knew until Bitcoin Racing started a team?

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Yeah, yeah, exactly.

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Good, cool guys.

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I always enjoy when I saw them.

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Yeah.

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Okay, Lauren, questions?

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What do you wish to see in the next 10 years in El Salvador?

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And that's to both of you.

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Yeah.

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Why don't you answer that first?

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You can go first.

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What I want to see in El Salvador in the next 10 years.

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Well, I think we're already seeing a lot of things that we were wishing, you know,

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that happened in the past.

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We're seeing our country racing, shining in many ways, leading the way in many aspects.

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And I see now our people the Salvadorian people feeling proud for the first time about our country and dreaming having hope having the freedom

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And this is, of course, thanks to President Bukele, that is a great leader and doing an amazing job for putting El Salvador in the map.

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And so for me, in the next 10 years, I will love to see our country or that our people will not have to leave our country to looking for better opportunities, you know.

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And we're already seeing that. But I think in the next year, El Salvador will be that country where you will be able to find a good job. You will be able to start your company. You will be able to have success.

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you know, success. And, and that is for us, one of the biggest, which and, and, and dream,

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you know, that our people will have already had, but I think it's, it's, it's in the process to

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just getting better and better and better. And yeah, we don't, people will want to move to El

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Salvador, you know, and it's already happening, right? Like we're already seeing like a lot of

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Salvadorians that born in the USA looking to get back or Salvadorians that move to abroad,

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abroad to the United States in particular, to coming back, investing in real estate,

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buying a house, having a plan for retirement. You know, it's so beautiful when you see

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Salvadorians that had 20, 30 years that they left. And for the first time, they're like, wow, we were

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thinking that we're going to retire soon in the United States and we want to get back, you know.

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And so that is beautiful. And I think, I hope El Salvador in 10 years will be that country that

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will provide all these opportunities and dreams and hope for us, but also for people around the

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world that we wanted to come and live here you know and lexi before before you respond perhaps

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for a little bit of context if you wouldn't mind uh filling in for the listeners how long you've

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been there while you were attracted to el salvador uh your relationship with uh roman and um what

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you yeah ultimately what you're hoping for for the next 10 years yeah i've been in el salvador for

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almost six years now. I came originally in 2019, in August of 2019. And I came just for a surf trip,

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a solo surf trip, just for three days originally. And I stayed at Palo Verde here.

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And I fell in love with the country even in just those three days, like what I experienced of it,

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like the people. I came back again for three weeks in December of 2020. And that's when I met

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Roman on the beach. He approached me on the beach. I was reading a book about,

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I don't know, manifestation and here this guy sits next to me on the beach. And anyway,

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long story short, however many years later, we have our business together. So we run our

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business together. And obviously, we're also partners. So we have a one and a half year old

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son. So a lot has changed in the last six years, both in terms of where the country is, but also

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for us, you know, in our personal lives. And I think to speak, you know, Chimbera talked about

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what he hopes to see in the next 10 years with the country at large, which I would echo.

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I would say personally, you know, as somebody who has a growing family here,

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I would love to see more services, options for education, hospitals on the coast.

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This would be something, you know, that I would really love to see because, you know, we have a

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son for us. We're trying to figure out what we're going to do for his education. And I would just

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I would love to have closer access to those things here.

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So I think that that's coming.

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I would love to see continued collaboration, connections.

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You know, we have a lot of clients that are starting businesses here,

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and I'm really excited to see those services grow.

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And everything that will happen in the next 10 years,

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I think we're already seeing the foundation set.

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So that would be my take.

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All right. Very cool.

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And any follow-up questions, Lauren?

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not that i can think of right now no don't think so no okay cool well you can hang around if you

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want or you gotta shoot off um i think i might go outside it's really nice and sunny okay

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you'll get some rays sorry well that was a very that was a very good question so thank you

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yeah exactly since moving back to england it's nice to sit out in the sun when you get it yeah

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yeah lauren and i'm already told you this at the first time but i'm gonna say it

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you gotta come here i know that's what i've been asking he says yeah we'll go we'll go like

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Yeah, but will we actually?

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It's not like I don't want to, you know.

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You know what will be cool for you?

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You can come and do like an internship with us here at Bitcoin Beach

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and helping with education, helping with the kids, teaching Bitcoin.

230
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We're going to have a conversation with your dad about that.

231
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Oh, amazing.

232
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Later.

233
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That sounds very cool.

234
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Learn some Spanish, learn how to surf.

235
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Yeah, exactly.

236
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your summer camp could be here

237
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can they ride horses along the beach

238
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we can do everything you want

239
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it's possible here

240
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Chimbera will always find a way

241
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I'll tell you that

242
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okay cool

243
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thanks for your question

244
00:17:56,932 --> 00:17:58,672
thank you for answering

245
00:17:58,672 --> 00:17:59,952
bye bye

246
00:17:59,952 --> 00:18:02,052
thank you

247
00:18:02,052 --> 00:18:03,712
alright guys

248
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let's get into it

249
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Let's figure out what it is.

250
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You mentioned the business, Lexi.

251
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Do you want to go into what it is you guys have started and why?

252
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Because an entrepreneur, by definition, sees a problem and tries to solve it.

253
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So what did you see and what have you put in place to solve and help?

254
00:18:29,152 --> 00:18:32,032
Yeah, maybe I'll give an introduction to our company.

255
00:18:32,032 --> 00:18:42,872
And Chimber, I think it would be great for you to speak to how and why we started the company and a little bit of your, you know, how that sort of piggybacked on your involvement with Bitcoin Beach.

256
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So, yeah, our company is Good Life El Salvador.

257
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We started it four or five years ago.

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I kind of forget.

259
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Everything feels a little bit like a blur.

260
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But we're a real estate company.

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You know, we are traditional brokers here.

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But the real estate market in El Salvador is really unique, right?

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It's very different than in the United States or Canada.

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And so we've developed some specific products and services to help our clients specifically

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get to know the market here, get familiar with El Salvador, and advise them in the best

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way possible based on their real estate goals.

267
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So we're really excited because we opened up an office in El Vente a couple of months

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ago.

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That's where I'm actually sitting right now.

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And our company has been growing.

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I think we really have created, we've created a great brand, but we've created a lot of really strong relationships.

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Like a lot of our clients have become close friends.

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A lot of our clients are Bitcoiners.

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So I feel like we're more of a family than just a transactional real estate brokerage, which is really special and a unique place to be.

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So, yeah, that's a little bit about, you know, our company.

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And Chimber, maybe you can speak to why and how we started it.

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Yeah.

278
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Yeah. As you know, Daniel, I'm one of the co-founder of Bitcoin Beach. And when Bitcoin

279
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become a legal tender here in El Salvador, a lot of people start approaching me, like

280
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asking for help, you know, and I have been helping friends even when I was even 14, 15 years. I

281
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I remember like surfer friends that used to come here and say like, hey, I might want to buy something.

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Help me find something.

283
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So I even back in the days, I helped friends to, you know, find properties.

284
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And there were families, right?

285
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Families that have been here for 20 years now.

286
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so but what i what we see is that all this interesting in real estate but the real estate

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market here in el sabado is it's not like quite developing like lexi explaining and a lot of

288
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people were taking advantage of that as well you know trying to sell properties with overpricers

289
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like creating this expectation on people that those properties could be a good investment

290
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for that price, for that higher price, you know, because if you're new to a country that you don't

291
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know and you just see that expectation, right, it's easier to take advantage of that. But then

292
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there is the real price, you know? And so, and you know, as a Bitcoiner, we hate third parts.

293
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That's the reality. And I see real estate companies as a third part. But the mindset of a Bitcoiner

294
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allowed us to create like a unique business model that,

295
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okay, if Bitcoiners doesn't matter or they don't care to pay,

296
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but you got to add value to the equation.

297
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You got to like, if I'm going to pay you,

298
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what is the value that I'm receiving in return?

299
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You know, value for value, right?

300
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and so that's where we we start like consulting with the some of the first clients you know like

301
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what you wanted what's your dream here in El Salvador how it looked like for you to investing

302
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in real estate what's your budget and we're gonna see what is available in the market probably what

303
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you probably what you expect what you want probably don't even exist here in El Salvador you know

304
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But we're going to make sure that it's the closest one and the best opportunity that you can find for your budget and the location and base it on your expectation and your dream about El Salvador.

305
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And that had been really interesting, you know, and really like accepted by many clients like now are friends.

306
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So we're investing with them and a lot of the clients have been, you know, feeling like, OK, this is not just like or this is another thing that came to my mind now.

307
00:23:16,152 --> 00:23:20,372
Like a lot of clients call us and say, oh, what can I buy now?

308
00:23:20,512 --> 00:23:36,084
Tell me what can I buy I ready and we like no you need to come here first You need to come and see how El Salvador look like you know and where is the best place for you to be And that kind of like okay yeah

309
00:23:36,084 --> 00:23:41,164
thank you. I was super excited to do it, but I think this is right. You know, kind of guiding

310
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people, educating people about the real estate market here in El Salvador and creating that

311
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value and that relationship long-term relationship that our clients were like okay these guys don't

312
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don't just want to sell me everything but they want me understanding and that i feel safe

313
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constable and that i understand what i'm doing in el sabato you know and that's that's where we

314
00:24:06,624 --> 00:24:15,744
have been focused and so far is so good you know so it sounds like a classic story uh a little gold

315
00:24:15,744 --> 00:24:23,484
rush appears and people move in to take advantage of those that are looking to to relocate or just

316
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purely invest and speculate uh so you get the cowboys come out and start just throwing random

317
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numbers in the air possibly even selling the property multiple times and then disappearing

318
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once commission has taken are they the kind of horror stories that you guys were hearing

319
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100 yeah you actually you call them coyotes coyotes okay right so that that was and and even

320
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even some people and in buying properties that didn't have titles you know like that that they

321
00:24:56,444 --> 00:25:03,144
they just base it on you know it's about trust right real estate is about trust and it's a

322
00:25:03,144 --> 00:25:11,284
like bitcoin it's about trust and i in some in some ways we have been feeling like

323
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with this responsible of exciting but also responsible like if someone want investing

324
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money in our country we should treat them in the best way you know it's about honesty it's about

325
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principles, it's about values,

326
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you know, and

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that responsible, that

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dream, you know,

329
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when we started the project and we will see

330
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Bitcoiners from all over the world

331
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wanting to move here, it's also like

332
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we got to make sure that

333
00:25:41,084 --> 00:25:42,984
they come here and that they're

334
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happy and that they buy

335
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at the price that they deserve,

336
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you know what I mean? And that

337
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is the value that we

338
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I will say funding

339
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is the foundation of

340
00:25:55,084 --> 00:26:01,524
for a company you know yeah i i totally get it i mean shouldering the responsibility of

341
00:26:01,524 --> 00:26:08,184
because if it were not for bitcoin beach if it were not for that project el zonte would still be

342
00:26:08,184 --> 00:26:14,284
unknown nobody would uh there wouldn't be bitcoiners in particular flocking down there

343
00:26:14,284 --> 00:26:18,124
and uh there wouldn't be a real estate boon and

344
00:26:18,124 --> 00:26:26,584
with that obviously comes challenges because so you create something and then the knock-on effect

345
00:26:26,584 --> 00:26:34,604
is this but that knock-on effect is being manipulated by outsiders that are trying to

346
00:26:34,604 --> 00:26:40,624
come in and make money off the of the back of that success which that doesn't that's that just

347
00:26:40,624 --> 00:26:46,664
feels really icky so you know i'm glad that you you saw those people were any were there any horror

348
00:26:46,664 --> 00:26:53,684
stories, Lexi, that you remember in particular for, you know, people from the US or even Europe

349
00:26:53,684 --> 00:26:58,384
that are coming looking to buy and they just got the bad advice and, you know, money was lost?

350
00:26:59,324 --> 00:27:05,924
I think, you know, I wouldn't say that I can speak to specific horror stories in that sense,

351
00:27:06,044 --> 00:27:11,204
but I would say we have, because of the nature of the market here, we've had had experiences that

352
00:27:11,204 --> 00:27:15,424
we've had to do a lot of problem solving, like creative thinking outside of the box, you know,

353
00:27:15,424 --> 00:27:20,384
like, okay, for example, we've had a client come to us and say, Oh, I got wrapped up in this piece

354
00:27:20,384 --> 00:27:26,664
of property, even something that we weren't maybe involved in, in, in the beginning. And we've been

355
00:27:26,664 --> 00:27:33,564
able to, in a few cases, help them sort that out, right? So, so I think we've been able to add a lot

356
00:27:33,564 --> 00:27:37,984
of value in that sense. And that's been that has been something that's happened a few times. And

357
00:27:37,984 --> 00:27:43,524
then, like I said, even with clients or properties that we've worked on, I always say real estate is

358
00:27:43,524 --> 00:27:47,644
a bit of an adventure we can do everything in our power to control the situation but sometimes

359
00:27:47,644 --> 00:27:53,384
there's things that that are out of our control that come along and so um so we've had uh we've

360
00:27:53,384 --> 00:27:58,384
had some you know six month long processes or things like this but we're always usually able

361
00:27:58,384 --> 00:28:10,404
to find a solution okay and what's um but i i no no i i know a friend of mine that he he he bought

362
00:28:10,404 --> 00:28:18,744
the property and and he he bought the property he give the money to the person that's selling the

363
00:28:18,744 --> 00:28:24,404
property and then he was cleaning the property one day putting the fan around the property

364
00:28:24,404 --> 00:28:30,364
and a car just stopped in front of the property saying like what are you doing in my property

365
00:28:30,364 --> 00:28:40,304
you know that was like uh and it's a little bit funny because for me it's a little bit funny

366
00:28:40,304 --> 00:28:45,624
because the guy that bought the property was even like a lawyer you know like my friend was a lawyer

367
00:28:45,624 --> 00:28:54,564
but he but he like he was acting as a client you know he's like okay if he if if the seller is i

368
00:28:54,564 --> 00:28:58,624
I trust this person, you know? And it was a big battle.

369
00:28:58,624 --> 00:29:03,884
Like he went in court. Finally, they, they, he,

370
00:29:04,384 --> 00:29:09,704
he fixed the issues, you know, they, they, they, they, they,

371
00:29:09,804 --> 00:29:14,944
they find a solution, but it was a really bad experience for him, you know?

372
00:29:15,464 --> 00:29:19,564
And I, when I saw those things, I'm like, like,

373
00:29:19,564 --> 00:29:27,444
I'm like, no, why this is need to happen? You know, like, this is just like, honest, you know,

374
00:29:27,444 --> 00:29:36,084
like making sure that, um, we do the due diligence, making sure that all lawyers do their work,

375
00:29:36,084 --> 00:29:44,184
making sure that when our clients give money to, to, to the seller, we make sure a hundred percent

376
00:29:44,184 --> 00:29:49,744
that the property is ready to be transferred to the new owners, you know, and his parties

377
00:29:49,744 --> 00:29:57,624
have been involved, you know, with in the last years. And now it's, it's better, I will say.

378
00:29:58,084 --> 00:30:03,264
Yeah. Well, and I think, you know, back, Chimbera's had more experiences like that than I have,

379
00:30:03,324 --> 00:30:07,284
because I've only been here for, you know, six years. But I would say as the prices go up in

380
00:30:07,284 --> 00:30:11,764
real estate, you get, you know, sophisticated buyers, you have to level up, right? So now we

381
00:30:11,764 --> 00:30:16,344
are seeing the market mature. It's still not the same as US Canada. We don't have an MLS. We don't

382
00:30:16,344 --> 00:30:22,404
have a lot of the same regulations, but buyers demand more. They want to have a really strong

383
00:30:22,404 --> 00:30:26,244
understanding of what they need to do for the due diligence process, these kinds of things.

384
00:30:26,244 --> 00:30:32,064
I think we're actually seeing less of what Chimbera mentioned happening years ago. We're

385
00:30:32,064 --> 00:30:35,604
seeing now other agencies that also have professionalism. I think there's healthy

386
00:30:35,604 --> 00:30:40,424
competition here, which is good for everybody. We collaborate with other agencies and you're seeing

387
00:30:40,424 --> 00:30:43,684
less of this kind of thing happened.

388
00:30:44,684 --> 00:30:49,764
But it's also, Daniel, it's also happened that there are a lot of people that thinking,

389
00:30:50,084 --> 00:30:53,264
oh, there is not an MLS, there is not regulation on real estate.

390
00:30:53,524 --> 00:30:57,444
I just can go in and do it my own, in my own, you know.

391
00:30:57,444 --> 00:31:04,384
And then these are those people that many times get caught on something like that, you

392
00:31:04,384 --> 00:31:11,824
know, because they, they met with someone, you know, when those deals look super appealing,

393
00:31:12,044 --> 00:31:18,424
super good, you know, it's always like something, it can be something behind, you know, and

394
00:31:18,424 --> 00:31:23,104
that's why we ask our clients like, hey, the excitement is good, but we gotta make sure

395
00:31:23,104 --> 00:31:31,244
like we do the proper diligence, let's make our lawyers work, let's get this extra step,

396
00:31:31,244 --> 00:31:40,524
you know and just making sure and i i can i can i i remember one of four um one of our

397
00:31:40,524 --> 00:31:46,444
clients in the beginning he he moved here he lived here but i remember we find this

398
00:31:46,444 --> 00:31:53,484
beachfront property for him and he was super exciting he was like this is where i'm looking

399
00:31:53,484 --> 00:32:00,764
i want to move i want to move forward today i'm like nah let's wait let's let let let us go to

400
00:32:00,764 --> 00:32:05,044
go to the mayor office. I'm going to go next week with the lawyer. I'm going to make sure that this

401
00:32:05,044 --> 00:32:12,824
is, and I remember I went and I attended the meeting and then I get, I understand that the

402
00:32:12,824 --> 00:32:19,404
property have a lot of issues, you know, that they have been trying to solve and that the seller was

403
00:32:19,404 --> 00:32:27,804
not telling us, you know, all of this. And then it was, it was quite a difficult deal, you know,

404
00:32:27,804 --> 00:32:37,383
but that didn't see, it have many things in the back, problems, issues that you will be dealing with.

405
00:32:38,104 --> 00:32:48,684
And that for someone that is moving here, I was like, you're moving to El Saber to have all these type of issues, headaches,

406
00:32:48,684 --> 00:32:52,364
and you're in the position that you can decide to buy in another place.

407
00:32:53,064 --> 00:32:54,844
I'm like, I don't think so.

408
00:32:54,883 --> 00:32:55,784
You're here for this.

409
00:32:55,784 --> 00:33:03,464
And I remember having this conversation with our client and telling him like, man, we're not buying this property.

410
00:33:03,724 --> 00:33:05,024
Like, we're not going to buy it.

411
00:33:05,064 --> 00:33:06,624
And he's like, why?

412
00:33:06,764 --> 00:33:07,664
I want it.

413
00:33:07,944 --> 00:33:08,883
I want to do it.

414
00:33:08,944 --> 00:33:16,084
And he didn't understand because he was like, how much was the price?

415
00:33:16,084 --> 00:33:20,164
But for us, it was like, it was more than $300,000.

416
00:33:20,164 --> 00:33:29,104
like the price of the property for us was a good commission you know and he didn't understand that

417
00:33:29,104 --> 00:33:36,004
why we were renouncing to getting our commission you know and finally we convinced him to not buy

418
00:33:36,004 --> 00:33:43,504
the property and that also put us in a better you know relationship in a better like uh trust you

419
00:33:43,504 --> 00:33:49,184
know and he had been buying and purchasing everything with us since since since there you

420
00:33:49,184 --> 00:33:53,544
No, but I think I'll, oh, can I add something?

421
00:33:53,924 --> 00:33:54,244
Please do.

422
00:33:54,924 --> 00:33:58,464
I think one thing, so Chimber is talking about the, you know,

423
00:33:58,504 --> 00:34:01,804
the legal issues and some other things behind properties that you can find

424
00:34:01,804 --> 00:34:01,984
here.

425
00:34:02,044 --> 00:34:06,404
But I also think it's about being really honest about simple things.

426
00:34:06,404 --> 00:34:09,324
For example, here in El Salvador,

427
00:34:09,524 --> 00:34:11,564
a lot of the beaches are rocky in the rainy season.

428
00:34:12,584 --> 00:34:14,344
So you can come here in the,

429
00:34:14,344 --> 00:34:18,464
in the high season and everything looks totally sandy and beautiful.

430
00:34:19,184 --> 00:34:24,444
And if you weren't honest with your clients saying, okay, so this is what it looks like now,

431
00:34:24,484 --> 00:34:26,984
you need to know in the rainy season that there are rocks on the beach. And

432
00:34:26,984 --> 00:34:31,184
these are things that I think a lot of people would leave out just to get the sale.

433
00:34:31,924 --> 00:34:35,544
So I think all of these, like even small things like that are really important. And that's why we

434
00:34:35,544 --> 00:34:39,504
try and make sure that we have the full story about a property that our clients are super

435
00:34:39,504 --> 00:34:44,124
aware of what they're purchasing, not just on the legal side of it, but also on the lifestyle side.

436
00:34:44,124 --> 00:34:50,404
do you find most people want that beachfront is that still kind of what they're they're really

437
00:34:50,404 --> 00:34:55,224
coming for like the the pie-eyed bitcoiner that's living somewhere else and is sick of their

438
00:34:55,224 --> 00:35:01,044
government and they see what's going on and oh if i invest then maybe i get a passport or a visa i

439
00:35:01,044 --> 00:35:17,956
can remember what whether that changed now uh maybe we can touch on that um and that why they just keen to to like dive both feet in without really giving it too much extra thought um i think that people are interested in beachfront still

440
00:35:17,956 --> 00:35:23,356
definitely uh there's there's high demand but now we're seeing people diversify a bit more

441
00:35:23,356 --> 00:35:26,916
throughout the country because there's so many beautiful parts of el salvador so we have a lot

442
00:35:26,916 --> 00:35:34,315
of people that are interested in coffee farms or being at higher altitudes where you know it's a

443
00:35:34,315 --> 00:35:39,376
definitely have families relocating entirely they're looking at san salvador because they

444
00:35:39,376 --> 00:35:43,936
want to put their kids in school we have people interested in more of an ocean view where they're

445
00:35:43,936 --> 00:35:49,635
outside of the the tourist you know development they want to be close enough but you know right

446
00:35:49,635 --> 00:35:54,956
outside so there's people looking at a lot of different options now not just oceanfront but i

447
00:35:54,956 --> 00:35:59,535
do think initially that was like that's always where the interest builds right especially right

448
00:35:59,535 --> 00:36:10,916
on the surf. And what about, obviously, there's pushback. Joe did a good kind of updated video of

449
00:36:10,916 --> 00:36:16,275
life in El Salvador because he's been going a lot of times. And I know he's close with you guys at

450
00:36:16,275 --> 00:36:22,315
Bitcoin Beach. Joe Nakamoto, shout out, does great work. And part of that video was saying,

451
00:36:23,035 --> 00:36:28,615
you know, the concern could be that the locals are, you know, not too happy that the prices are

452
00:36:28,615 --> 00:36:31,995
being pushed up and it's out of reach of the locals.

453
00:36:32,515 --> 00:36:36,055
How does that look actually on the ground?

454
00:36:36,495 --> 00:36:37,936
Is that an actual problem?

455
00:36:38,376 --> 00:36:43,755
And how is that being addressed or even spoken about locally?

456
00:36:45,735 --> 00:36:48,035
That is a good question.

457
00:36:48,035 --> 00:36:52,615
And actually, it's one of the things that everyone worry about it, right?

458
00:36:52,715 --> 00:36:56,436
That is developments bring good and bad.

459
00:36:56,436 --> 00:37:03,135
but that is the sad and exciting story everywhere, you know?

460
00:37:04,275 --> 00:37:07,035
And El Salvador is not different from there.

461
00:37:07,696 --> 00:37:14,595
But the thing is, even with all the negative that you could find,

462
00:37:15,135 --> 00:37:20,215
this is the best time that locals ever had in history,

463
00:37:20,456 --> 00:37:22,475
in the history of El Salvador, you know?

464
00:37:22,856 --> 00:37:25,815
So in some ways, it's a good problem to have, right?

465
00:37:25,815 --> 00:37:30,335
because with developed came more opportunities, you know.

466
00:37:30,735 --> 00:37:35,356
And of course, it's easy to put things out of context, you know,

467
00:37:35,396 --> 00:37:43,155
because you've got to understand the history also of where we come from

468
00:37:43,155 --> 00:37:44,675
and where we are now.

469
00:37:45,255 --> 00:37:49,635
For example, I grew up here in El Sonte,

470
00:37:49,635 --> 00:37:59,015
and the locals the locals that born in El Sante that owns beachfront properties are zero

471
00:37:59,015 --> 00:38:06,475
you know like all the the locals that owns property from the highway to the beach were like

472
00:38:06,475 --> 00:38:14,095
three four five maybe three maybe and so the story of El Sante was that much of the locals

473
00:38:14,095 --> 00:38:19,795
were caretakers for the properties, you know,

474
00:38:19,835 --> 00:38:24,675
because all these properties were owned by families from San Salvador

475
00:38:24,675 --> 00:38:27,015
that have their second house here on the beach,

476
00:38:27,396 --> 00:38:29,055
and they used to come on the weekend,

477
00:38:29,936 --> 00:38:34,456
and then during the week the local family live in a beautiful place

478
00:38:34,456 --> 00:38:37,795
that they have a place to live, they don't pay electricity,

479
00:38:38,095 --> 00:38:41,155
they don't pay water, and plus they have a salary

480
00:38:41,155 --> 00:38:43,315
because for being the caretaker, you know.

481
00:38:43,315 --> 00:38:45,835
And back in the days, that was a good job.

482
00:38:45,995 --> 00:38:48,715
You know, my grandfather did that for 60 years.

483
00:38:48,876 --> 00:39:00,376
You know, the thing that changed that my grandfather, he could buy properties if he wanted.

484
00:39:00,995 --> 00:39:06,396
But he didn't think, you know, on one day El Sante will be El Sante.

485
00:39:07,315 --> 00:39:09,916
And so he didn't buy property.

486
00:39:10,095 --> 00:39:12,196
My parents was hard for them.

487
00:39:12,196 --> 00:39:23,456
And now for us, we couldn't buy beachfront properties, but we couldn't buy maybe in the first line across to the highway, you know.

488
00:39:24,015 --> 00:39:35,936
And many families that now own property here in El Sonte are those families that see, okay, the opportunity to buy properties here for the locals already passed.

489
00:39:35,936 --> 00:39:44,635
It's not now, you know, where how people try to like saying like, oh, the new projects that are happening in El Santa are not built for locals.

490
00:39:44,995 --> 00:39:50,416
Like we knew it, but we knew it from many, many, many years.

491
00:39:50,555 --> 00:39:57,255
You know, the opportunity for the locals were across to the highway, you know, and many locals have properties there.

492
00:39:57,255 --> 00:40:10,876
So one of the things that is happening is with the tourism and more business and more hotels and the families, for instance, sold their properties here.

493
00:40:11,075 --> 00:40:16,675
And then you want to say, hey, I don't need a caretaker anymore because this is going to be a hotel.

494
00:40:16,835 --> 00:40:17,896
This is going to be a restaurant.

495
00:40:18,055 --> 00:40:19,175
This is going to be an Airbnb.

496
00:40:19,175 --> 00:40:28,995
be, you know, and those families are the ones that have been, let's say, getting in the middle,

497
00:40:29,215 --> 00:40:35,655
you know, it happened to me, right, it happened to many of our friends that that's, that's having

498
00:40:35,655 --> 00:40:44,655
the reality, sad reality, and it's, but for many families that have been also like a wake-up call

499
00:40:44,655 --> 00:40:48,995
and say like, wow, if I don't change now things,

500
00:40:49,755 --> 00:40:56,795
my kids, my next generations will have to go more back and back and back, you know?

501
00:40:57,315 --> 00:41:02,015
So what I'm trying to say, Daniel, is like,

502
00:41:03,295 --> 00:41:07,175
yes, Develop have been increasing the price in land.

503
00:41:08,215 --> 00:41:09,295
It's happening.

504
00:41:09,635 --> 00:41:14,255
But also have been bringing like a lot of opportunities, you know?

505
00:41:14,255 --> 00:41:19,215
now the locals can work in and make a salary that allows,

506
00:41:19,555 --> 00:41:22,476
allowed us to live here. You know what I mean?

507
00:41:22,476 --> 00:41:24,595
And this is huge, you know,

508
00:41:24,675 --> 00:41:29,255
and many times we always say this,

509
00:41:29,396 --> 00:41:34,695
that a lot of time that complain about what's happening here now are,

510
00:41:34,695 --> 00:41:41,675
are, are usually expats that used to live here,

511
00:41:41,675 --> 00:41:46,876
that they used to go to work to Canada, to USA for three, four months.

512
00:41:46,876 --> 00:41:50,775
And then they used to come back here and living here, surfing every day, don't do nothing.

513
00:41:50,775 --> 00:41:54,155
And the price were really cheap, you know.

514
00:41:54,155 --> 00:42:02,735
And now that Del Sante is changing, that change, the prices of living, the house, the rent, for example, is a problem.

515
00:42:02,856 --> 00:42:06,416
And they say, now I cannot just go and work in there three months and be here.

516
00:42:06,416 --> 00:42:12,575
I'm like, well, because that was a perfect lifestyle for you, but not for the locals.

517
00:42:12,795 --> 00:42:13,715
You know what it means.

518
00:42:14,635 --> 00:42:23,575
And, but it's a mix, you know, it's, of course, we all wish that develop, when develop came

519
00:42:23,575 --> 00:42:30,956
are more integrating with the, with the need also what the community need, you know, more,

520
00:42:31,175 --> 00:42:32,615
more sustainable.

521
00:42:33,155 --> 00:42:35,315
That's, I think that's the word, more sustainable.

522
00:42:35,315 --> 00:42:36,675
and

523
00:42:36,675 --> 00:42:40,295
yeah I think that's why

524
00:42:40,295 --> 00:42:42,515
many organizations

525
00:42:42,515 --> 00:42:43,675
many

526
00:42:43,675 --> 00:42:48,515
projects trying to support

527
00:42:48,515 --> 00:42:50,515
and empower the locals

528
00:42:50,515 --> 00:42:52,476
to have those opportunities

529
00:42:52,476 --> 00:42:54,356
you know is one of the reasons why we

530
00:42:54,356 --> 00:42:56,595
in Bitcoin Beach we're teaching

531
00:42:56,595 --> 00:42:58,476
English, we're teaching computer classes

532
00:42:58,476 --> 00:43:00,575
we have a scholarship

533
00:43:00,575 --> 00:43:02,595
for college, we have

534
00:43:02,595 --> 00:43:04,555
courses, different courses

535
00:43:04,555 --> 00:43:10,695
and different areas, kind of like preparing the locals for, you know,

536
00:43:10,795 --> 00:43:13,755
having better opportunities and having the skills and knowledge

537
00:43:13,755 --> 00:43:16,515
to be part of what's happening.

538
00:43:17,255 --> 00:43:18,575
Yeah, very cool.

539
00:43:18,956 --> 00:43:22,396
So let's walk through a scenario.

540
00:43:23,015 --> 00:43:26,916
Somebody has been there before, a Bitcoiner, has been to El Zante before,

541
00:43:27,215 --> 00:43:29,655
fallen in love with it, taken the family back,

542
00:43:29,655 --> 00:43:37,396
now is truly considering, hmm, maybe I should part with a little bit of my Bitcoin and invest

543
00:43:37,396 --> 00:43:44,115
in a property and perhaps explore living over there six to nine months of the year or full time.

544
00:43:45,175 --> 00:43:53,315
What would that process kind of look like on your end? Would I go to the website first and start

545
00:43:53,315 --> 00:43:58,695
looking at viewing properties or have a call? Just talk us through so everybody's completely

546
00:43:58,695 --> 00:44:06,456
you up to date on on what this looks like do you want me to take this yeah yeah okay uh and then

547
00:44:06,456 --> 00:44:14,635
you can add on so i i'm i'm big on process process so this is a good question for me um

548
00:44:14,635 --> 00:44:21,095
yeah so basically we always have a a consultation call and the first thing i always ask and chimber

549
00:44:21,095 --> 00:44:26,755
asks is what are your real estate goals are you looking to relocate your family like you said in

550
00:44:26,755 --> 00:44:30,695
this case, that would be the case. Are you looking for a vacation property? You want to spend half the

551
00:44:30,695 --> 00:44:34,916
year here? What are your real estate goals in your most ideal scenario? So that's the first thing that

552
00:44:34,916 --> 00:44:39,555
we talk about on that consultation call. And then it's really important to understand, have you been

553
00:44:39,555 --> 00:44:45,275
to El Salvador before or have you not? Because, and in this case, this person has been here,

554
00:44:45,675 --> 00:44:51,015
but it's really important for them to visit the country. That has to be number one, whether it's

555
00:44:51,015 --> 00:44:57,615
for fun, adventure, just getting, you know, touring the country, um, or looking at real

556
00:44:57,615 --> 00:44:58,595
estate from the get go.

557
00:44:58,595 --> 00:45:02,416
But it's important for people to come here and see what El Salvador has to offer.

558
00:45:02,715 --> 00:45:07,356
So this is going to, I don't mean to this, I don't mean for this to be a pitch, but this

559
00:45:07,356 --> 00:45:12,035
is truly what we, what we would prescribe to these clients would say, listen, we have,

560
00:45:12,275 --> 00:45:13,015
we have two options.

561
00:45:13,015 --> 00:45:17,775
We have something called a private discovery tour trip, and we have something called a

562
00:45:17,775 --> 00:45:18,856
group discovery trip.

563
00:45:18,856 --> 00:45:23,695
And we created these to really introduce people to the real estate market specifically.

564
00:45:23,916 --> 00:45:27,775
So even if you've been to El Salvador before, we would really recommend this.

565
00:45:28,535 --> 00:45:31,515
The group trips are five days, all inclusive.

566
00:45:31,835 --> 00:45:38,295
We rent a house here in El Zante and we do four full days of a deep dive into real estate.

567
00:45:38,416 --> 00:45:43,595
So workshops with a lawyer, architect, civil engineer, accountant.

568
00:45:43,595 --> 00:45:48,995
we go and look at real estate opportunities broadly, right?

569
00:45:49,035 --> 00:45:51,035
We go and see like, here's an ocean view property.

570
00:45:51,155 --> 00:45:52,376
Here's a development that's happening.

571
00:45:52,835 --> 00:45:54,456
Here's some of the best gated communities.

572
00:45:54,456 --> 00:45:57,755
And we do that in the area of El Zante,

573
00:45:57,936 --> 00:46:00,635
but we also do that in San Salvador.

574
00:46:00,896 --> 00:46:03,876
So we give a really holistic view.

575
00:46:04,275 --> 00:46:06,376
Now we also do this in a private capacity.

576
00:46:06,575 --> 00:46:07,695
So if somebody were to say,

577
00:46:08,396 --> 00:46:10,275
hey, group thing doesn't really work for me.

578
00:46:10,376 --> 00:46:11,396
I need to come on my own schedule.

579
00:46:11,535 --> 00:46:12,896
I want to come with my family.

580
00:46:12,896 --> 00:46:18,055
then we've also created private itineraries and and in that case for example we can go look at

581
00:46:18,055 --> 00:46:22,495
schools or we can add in some things that maybe aren't included in the group so if somebody comes

582
00:46:22,495 --> 00:46:26,715
here they love El Salvador they go back they're really thinking about relocating their family here

583
00:46:26,715 --> 00:46:37,315
that is 100% what I would recommend that sounds cool that just sounds like a great holiday yeah

584
00:46:37,315 --> 00:46:39,315
just to come and hang with you guys.

585
00:46:39,315 --> 00:46:41,315
People love it.

586
00:46:41,315 --> 00:46:43,315
People love it, Daniel,

587
00:46:43,315 --> 00:46:45,315
because everyone is

588
00:46:45,315 --> 00:46:47,315
interesting to understand what's

589
00:46:47,315 --> 00:46:49,315
happening here in El Salvador, you know?

590
00:46:49,315 --> 00:46:52,396
And a lot of people that are interesting

591
00:46:52,447 --> 00:46:59,707
are moving here or investing here, you know, they don't want to come and feel depression of,

592
00:47:00,167 --> 00:47:04,807
oh, I'm going to lose the time of these guys, but I'm not ready to buy. I don't know when I'm going

593
00:47:04,807 --> 00:47:11,847
to be ready, but I still want to understand if El Salvador is for me, you know? So that,

594
00:47:12,047 --> 00:47:19,167
those five days, the discovering trips allowed people to come without depression. It's a mix of

595
00:47:19,167 --> 00:47:24,987
real estate fund, deep into the culture of El Salvador, networking with people that have been

596
00:47:24,987 --> 00:47:31,707
investing here already or moving here already, you know, and give people this knowledge, these

597
00:47:31,707 --> 00:47:36,727
connections, you know, that most of the people when they're when they're leave after these five

598
00:47:36,727 --> 00:47:43,727
days, they say, now I understand. Now I want investing, but now I know what is for me, you know,

599
00:47:43,727 --> 00:47:50,867
and that is beautiful when you see people like living and saying like guys thank you this is

600
00:47:50,867 --> 00:47:57,467
what i was looking for the first step to come and understanding like how the system works how

601
00:47:57,467 --> 00:48:04,847
uh where is everything located or people that are even worried they can find american food here

602
00:48:04,847 --> 00:48:13,427
you know what i mean so how the health care system is or like families like schools or

603
00:48:13,427 --> 00:48:17,107
how the layout of the country is

604
00:48:17,107 --> 00:48:19,887
or back into your question,

605
00:48:20,027 --> 00:48:20,467
like everyone,

606
00:48:22,847 --> 00:48:25,727
oh no, I want my dream beachfront property.

607
00:48:26,047 --> 00:48:27,587
But when they come here and they see,

608
00:48:27,947 --> 00:48:29,887
well, actually El Saber is really small

609
00:48:29,887 --> 00:48:33,507
that I can be just 20 minutes away from El Sante

610
00:48:33,507 --> 00:48:35,667
and pay one third

611
00:48:35,667 --> 00:48:38,567
what I'm going to pay in El Sante maybe.

612
00:48:39,207 --> 00:48:41,567
And I'm happy because it's more cooler.

613
00:48:41,567 --> 00:48:43,047
It's more like quiet.

614
00:48:43,267 --> 00:48:47,787
But don't think people understand here in the ground, you know.

615
00:48:48,087 --> 00:48:49,467
And it's beautiful.

616
00:48:49,687 --> 00:48:57,807
Many, I will say, what is the percentage, actually, of these people that came that have been buying actually after the discovering trip?

617
00:48:58,747 --> 00:48:59,967
I would say a good amount.

618
00:49:00,307 --> 00:49:03,947
But, you know, it's not like, but it's not our goal necessarily with that to sell people.

619
00:49:04,187 --> 00:49:05,767
I mean, of course, we want people to buy with us.

620
00:49:05,827 --> 00:49:09,847
But like that is just to introduce people to what's happening here.

621
00:49:09,847 --> 00:49:15,407
and i noticed as well i've just been uh clicking around uh on the site whilst you're just um

622
00:49:15,407 --> 00:49:22,387
explaining what what you do you also have land for sale so that's another interesting thing for

623
00:49:22,387 --> 00:49:28,687
for somebody to consider if they just wanted to buy the land and then build uh from new uh

624
00:49:28,687 --> 00:49:35,507
the property that they actually you know want yeah no there's there's that's why that's why

625
00:49:35,507 --> 00:49:40,207
that's why we always ask like in your ideal world you know what would be your real estate goals here

626
00:49:40,207 --> 00:49:44,287
is it having your you know building your dream home from scratch because we have a lot of

627
00:49:44,287 --> 00:49:48,367
opportunities here a lot of people have been interested in the pre-construction developments

628
00:49:48,367 --> 00:49:55,667
because this the the supply in El Salvador didn't really catch up with the demand and so you know a

629
00:49:55,667 --> 00:50:00,247
lot of people coming from the U.S. or Canada I mean that's a majority of our clients they're looking

630
00:50:00,247 --> 00:50:07,347
for something that's newer modern construction maybe not not an older style home that you would

631
00:50:07,347 --> 00:50:10,947
find in El Salvador so those have been really popular but yeah if somebody wanted to purchase

632
00:50:10,947 --> 00:50:16,807
land we have larger pieces of land smaller there's there's a lot of actually subdivisions

633
00:50:16,807 --> 00:50:20,567
where people could buy like a smaller plot as part of a larger project and still build from

634
00:50:20,567 --> 00:50:25,627
scratch so during the trip we also that's why we have an architect civil engineer so people can have

635
00:50:25,627 --> 00:50:30,327
their questions answered in that regard like what really would go into buying and building

636
00:50:30,327 --> 00:50:38,867
and the developments uh they look very much like a condominium style uh layout totally yeah and

637
00:50:38,867 --> 00:50:44,467
you know there's there's different kind of styles here you know like depending on the developer

638
00:50:44,467 --> 00:50:50,847
that's doing the project so i have my preferences of which ones i i like um i would say bamboo is a

639
00:50:50,847 --> 00:50:57,507
great great example of of builders there are developers who are doing very cool projects here

640
00:50:57,507 --> 00:51:05,127
um but yeah there's there's different options and what are the prices like that's obviously

641
00:51:05,127 --> 00:51:10,227
going to be on the forefront of most people's minds how much uh bitcoin are they going to have

642
00:51:10,227 --> 00:51:17,627
to part with and does that tie in with some kind of visa or passport opportunity what what's the

643
00:51:17,627 --> 00:51:25,767
the latest on that so prices prices vary dramatically very dramatically depending on

644
00:51:25,767 --> 00:51:31,107
where in El Salvador El Zante is probably the most expensive and here I would say an average

645
00:51:31,107 --> 00:51:37,707
price among all of the projects so I'm talking pre-construction development purely um around

646
00:51:37,707 --> 00:51:43,847
four thousand dollars per square meter that's about four hundred dollars a square foot roughly

647
00:51:43,847 --> 00:51:49,827
um but in in other parts of the country you can find options for for less than that

648
00:51:49,827 --> 00:51:57,507
so that that will give people an idea of the pricing um but yeah go ahead no but no but we

649
00:51:57,507 --> 00:52:03,467
see we see apartments for people that just want to know the number how much it costs oh yeah

650
00:52:03,467 --> 00:52:17,307
no we see even here in el santa apartments started at 215 000 250 300 350 up to

651
00:52:17,307 --> 00:52:24,747
i don't know a 900 000 for for uh you know like three bedroom yeah

652
00:52:24,747 --> 00:52:31,947
but the other thing is you know like where do you where in the world can you buy oceanfront

653
00:52:31,947 --> 00:52:40,407
property like that you know even for that price so i think yeah i think you know the prices are

654
00:52:40,407 --> 00:52:46,167
are high i guess in some people's mind but um you're getting something right directly in front

655
00:52:46,167 --> 00:52:52,727
of the ocean too a lot of times yeah and the and the new construction projects have been appealing

656
00:52:52,727 --> 00:53:01,087
to many people is one is because it's bitcoin beach daniel it's like uh for a lot of bitcoiners

657
00:53:01,087 --> 00:53:04,127
that have been like, this is the grand zero, right?

658
00:53:04,247 --> 00:53:07,387
Like this place will go down in history

659
00:53:07,387 --> 00:53:12,027
as being the grand zero for Bitcoin, right?

660
00:53:12,687 --> 00:53:17,287
But it's also, Alessante always have been special,

661
00:53:17,527 --> 00:53:19,127
even before Bitcoin, you know,

662
00:53:19,187 --> 00:53:21,087
having this unique town,

663
00:53:21,247 --> 00:53:23,807
this like little surfing town

664
00:53:23,807 --> 00:53:27,387
where it's a perfect mix between expats and locals,

665
00:53:27,707 --> 00:53:29,907
you know, community by, right?

666
00:53:29,907 --> 00:53:37,747
not parties, not discos, no bars. And those are filters that a lot of families have been having

667
00:53:37,747 --> 00:53:44,647
and also dreaming to have a property here in El Sonte, you know. So when those projects,

668
00:53:44,767 --> 00:53:50,407
the condominiums project came out, a lot of people were just, they already had the decision,

669
00:53:50,407 --> 00:54:00,227
you know, that they will buy something here. And it's really, really appealing to many people

670
00:54:00,227 --> 00:54:05,947
because they're like, they come to enjoy it because a lot of families, a lot of people

671
00:54:05,947 --> 00:54:10,947
that are investing here, it's a plan B for them, right? They already know they're not going to be

672
00:54:10,947 --> 00:54:17,507
here full time, but they want to have a plan B. They want to come, enjoy it, close the door

673
00:54:17,507 --> 00:54:23,947
and leave, you know, and next day the apartments start renting and generating like income, rental

674
00:54:23,947 --> 00:54:30,867
incomes, that, that change when you have a house and you need to, you know, having a caretaker,

675
00:54:30,867 --> 00:54:35,347
maybe dealing with the pool, dealing with the garden, dealing with all the headaches that is

676
00:54:35,347 --> 00:54:41,407
having a house, you know, but if you never have been having a house on the beach, you will experience

677
00:54:41,407 --> 00:54:49,287
that maintenance here, I think everywhere, it's just like, it's okay because also like here is like,

678
00:54:49,907 --> 00:54:56,907
I don't know, like having, like, this is one of the things that people that live here,

679
00:54:56,907 --> 00:55:04,207
you can allow yourself to have help, you know, like a guard or a pool guy, a maining guy,

680
00:55:04,347 --> 00:55:10,187
it's not going to cost like, it's not that expensive compared to Europe or United States and Canada,

681
00:55:10,187 --> 00:55:16,187
you know so but still headaches you know so when people say no i'm going with the condo because

682
00:55:16,187 --> 00:55:23,947
for me that that fit perfect you know yeah 100 so and and is there still a scheme in place where

683
00:55:23,947 --> 00:55:36,387
people can get some kind of golden visa for the uh go ahead lex no i just as as far as i'm aware

684
00:55:36,387 --> 00:55:42,387
there's nothing investment like for example if you invest in real estate you know you're able to get

685
00:55:42,387 --> 00:55:48,907
this type of visa um but there is a freedom visa i think that's still an option right

686
00:55:48,907 --> 00:55:56,607
adopting bitcoin yeah the adopting bitcoin program still in place uh basically you you buy the

687
00:55:56,607 --> 00:56:06,787
Salvadorian passport for a million dollars and then for investment you can what much of the people

688
00:56:06,787 --> 00:56:14,947
does is that they create a company and you know you don't have to buy a property with an entity

689
00:56:14,947 --> 00:56:20,667
but a lot of people go through that when they want to like you know get residence opening bank

690
00:56:20,667 --> 00:56:27,907
accounts but what we do for for everyone that will listen or what we tell our clients like

691
00:56:27,907 --> 00:56:34,347
what we do is like if you have a specific question because there are different type of visas that you

692
00:56:34,347 --> 00:56:42,167
can apply for investments right retirement like moving here as an as a being as an investor you

693
00:56:42,167 --> 00:56:48,167
know or you buy the passport so there are different ways what we do is that we're connecting them with

694
00:56:48,167 --> 00:57:03,073
one of the lawyers that we work and they go really deep into what is the best type of visa for them to apply because it different for everyone So back to the properties where do you guys find them

695
00:57:03,193 --> 00:57:06,553
Obviously, you have to have a steady stream of properties coming through

696
00:57:06,553 --> 00:57:10,233
to have on offer for when people are coming to you for your services.

697
00:57:10,733 --> 00:57:13,593
Who's listing the properties with you or the land?

698
00:57:14,573 --> 00:57:18,073
Well, okay, one thing I'll say is that we do have our own listings.

699
00:57:18,073 --> 00:57:22,373
We do direct with the seller, but we really focus on the client.

700
00:57:24,873 --> 00:57:28,593
So when I'm saying, you know, helping, helping clients understand what they're looking for,

701
00:57:28,613 --> 00:57:29,653
a lot of people will come to us.

702
00:57:29,693 --> 00:57:32,673
They might see a property on our website and say, I'm interested in that.

703
00:57:32,713 --> 00:57:33,013
Right.

704
00:57:33,113 --> 00:57:37,753
We get on a, we get on a phone call and ultimately we go back to, okay, maybe you're interested

705
00:57:37,753 --> 00:57:40,053
in that, but actually you'd be open to other opportunities.

706
00:57:40,133 --> 00:57:44,333
And, and then once they, they come here, visit and have a specific understanding of,

707
00:57:44,333 --> 00:57:49,533
of really what they want. Like, for example, okay, I know that I want a house in this gated

708
00:57:49,533 --> 00:57:56,793
community in San Salvador, we have a Rolodex basically of contacts that we that we would

709
00:57:56,793 --> 00:58:01,613
get in touch with to make sure that we're finding the right property that fits their needs. So a lot

710
00:58:01,613 --> 00:58:08,093
of times it works in that way. But then, you know, yeah, I mean, we've been building our contact list

711
00:58:08,093 --> 00:58:13,233
and there knows knows everybody here. So that's, you know, now people will actually come to us and

712
00:58:13,233 --> 00:58:17,153
say, hey, I want to list my property in San Diego Beach, like, and, you know, we'll work

713
00:58:17,153 --> 00:58:21,113
with them to do that. If it's, if we think it's something that we can genuinely, so.

714
00:58:22,473 --> 00:58:29,233
Yeah, many, many times we call hunting, we go hunting for properties, you know, for

715
00:58:29,233 --> 00:58:37,913
knowing what the, what the clients want, you know, but, and that including properties that

716
00:58:37,913 --> 00:58:43,853
are enough for sale they're not in the market you know but if we know what the clients want in in

717
00:58:43,853 --> 00:58:51,633
that area and budget is we go knocking doors and trying to find what is the best opportunities that

718
00:58:51,633 --> 00:59:00,613
we can find there for that specific client right and but like lexi say it took two years to kind

719
00:59:00,613 --> 00:59:07,773
of create a network that it feels so good when someone just show up to your office and say guys

720
00:59:07,773 --> 00:59:14,513
I watch you or I have been followed you and I'm, I'm, I'm, I'm, I'm interesting on selling my

721
00:59:14,513 --> 00:59:22,013
property. Can you help me? It's like a big release, you know? But we also, you know, we, we work with

722
00:59:22,013 --> 00:59:26,553
other agents. We have, there are some other great agents, not just us, you know? And so, and each

723
00:59:26,553 --> 00:59:31,773
agent has their own network. So I'll give you an example. We had an agent call us with a, that had

724
00:59:31,773 --> 00:59:35,313
a, some sellers they were representing directly. And they said, Hey, we were going to sell the

725
00:59:35,313 --> 00:59:40,053
house this this came this happened so you know we're putting it back on the market but not not

726
00:59:40,053 --> 00:59:43,773
publicly so could you guys you know if you guys have any clients that might be interested in this

727
00:59:43,773 --> 00:59:49,713
let us know and and we might have a buyer for that house so i think you know that's also a another way

728
00:59:49,713 --> 00:59:57,413
is just working with other agents here yeah perfect all right is there anything i've missed

729
00:59:57,413 --> 01:00:03,993
with regards to you know property and uh in el salvador what's the what's the current feel

730
01:00:03,993 --> 01:00:12,733
um excitement i think people are still super excited about what's happening here i i always

731
01:00:12,733 --> 01:00:18,493
like i say this but i still am totally shocked kind of every time we do a bitcoin transaction

732
01:00:18,493 --> 01:00:24,633
how simple it is buying real estate with bitcoin like especially if both parties want to just do

733
01:00:24,633 --> 01:00:32,193
like a wallet to wallet transaction so that's really cool to see happen um but yeah i think

734
01:00:32,193 --> 01:00:36,253
there's i think there's still a lot of progress to be made here but it's it's it's an exciting

735
01:00:36,253 --> 01:00:42,093
market and it's still a great you know place to invest so can if somebody wants to buy like 100

736
01:00:42,093 --> 01:00:46,973
they can buy in bitcoin like you would sit in the middle and make that transaction or if it's just

737
01:00:46,973 --> 01:00:52,653
yeah literally buyer to seller as well even if the you know the best transactions with bitcoin

738
01:00:52,653 --> 01:00:55,753
are the ones where the buyer where the buyer wants to use bitcoin and the seller wants to

739
01:00:55,753 --> 01:01:00,573
receive bitcoin but in the case where most oftentimes if we have one party who doesn't

740
01:01:00,573 --> 01:01:04,673
want to receive bitcoin it's usually or want to transact with bitcoin it's usually the seller

741
01:01:04,673 --> 01:01:09,593
in which case we have partners that we work with to make the transaction happen so if a buyer wants

742
01:01:09,593 --> 01:01:17,853
to pay with bitcoin we usually can always make that happen for them very cool very very cool

743
01:01:17,853 --> 01:01:24,453
okay all right well i'll move on and i'll move on daniel this is this is just adding something

744
01:01:24,453 --> 01:01:28,513
is that we, as a Bitcoiner,

745
01:01:29,013 --> 01:01:31,633
we know that nothing is better than Bitcoin, right?

746
01:01:31,733 --> 01:01:35,353
Nothing will beat Bitcoin, you know, long term.

747
01:01:35,953 --> 01:01:39,313
But it's also like what we're seeing now is like,

748
01:01:39,473 --> 01:01:43,813
for example, a client of us just purchased a hotel here

749
01:01:43,813 --> 01:01:47,393
in Surcey City 1 in the cost.

750
01:01:47,913 --> 01:01:50,993
And he found a great solution, you know?

751
01:01:50,993 --> 01:01:53,253
He borrowed money against his Bitcoin, you know?

752
01:01:53,253 --> 01:02:03,393
I know it's a risky thing to do, but also there is now an opportunity.

753
01:02:03,733 --> 01:02:14,193
And what we're seeing more is Bitcoiners trying to find that way, that no one want to really sell Bitcoin.

754
01:02:14,793 --> 01:02:20,153
And this is another thing that we have been stopping some of our clients when they say like,

755
01:02:20,153 --> 01:02:26,173
hey, I want to buy real estate, but I will sell my Bitcoin. I'm like, don't do that. Just wait,

756
01:02:26,533 --> 01:02:34,253
maybe wait, and you will be able to at least sell less Bitcoin in the next few years. If it's not a

757
01:02:34,253 --> 01:02:41,153
need that you have now, don't sell it. But it's an auction. I just want to mention it here because

758
01:02:41,153 --> 01:02:49,693
I'm seeing more and more of this, you know, like companies providing like some loans opportunities

759
01:02:49,693 --> 01:02:53,653
for people and using Bitcoin as a collateral.

760
01:02:55,553 --> 01:02:57,033
Yeah, times are changing.

761
01:02:57,233 --> 01:02:57,993
That is for sure.

762
01:02:58,493 --> 01:02:59,313
But like you said,

763
01:02:59,753 --> 01:03:02,573
people have to go in eyes wide open into that

764
01:03:02,573 --> 01:03:06,973
because if they're loaning their Bitcoin out

765
01:03:06,973 --> 01:03:09,373
and then getting fiat and then they buy the property,

766
01:03:09,373 --> 01:03:11,033
but then the Bitcoin price changes

767
01:03:11,033 --> 01:03:13,133
and then they get liquidated on that

768
01:03:13,133 --> 01:03:17,653
and then they're holding like a big debt to repay

769
01:03:17,653 --> 01:03:22,253
and the property and lost the Bitcoin.

770
01:03:22,953 --> 01:03:26,673
So it's, yeah, early days in these markets.

771
01:03:27,693 --> 01:03:29,953
It's like...

772
01:03:29,953 --> 01:03:36,533
Just lost you, Roman.

773
01:03:37,353 --> 01:03:38,313
Do I still have you, Lexi?

774
01:03:39,433 --> 01:03:39,913
Yes.

775
01:03:40,193 --> 01:03:40,653
Yeah, yeah, yeah.

776
01:03:40,773 --> 01:03:41,933
Yeah, we just lost him there.

777
01:03:43,293 --> 01:03:44,553
He'll come back in.

778
01:03:45,193 --> 01:03:46,553
I'm sure he'll come back, yeah.

779
01:03:46,553 --> 01:03:57,913
No, but this is also why I was going to say one of the reasons that pre-construction projects have been also really interesting for Bitcoiners is because there's usually a construction timeline.

780
01:03:58,233 --> 01:04:04,673
So you lock in a certain price of the condo, but usually 50% of the payment isn't due until the apartments are finished.

781
01:04:04,673 --> 01:04:14,053
So, for example, one of the projects here that's going to be done in the next six months, a lot of Bitcoiners used Bitcoin.

782
01:04:14,053 --> 01:04:16,553
and now the price of Bitcoin is much higher

783
01:04:16,553 --> 01:04:18,393
than when they originally bought into the project.

784
01:04:18,533 --> 01:04:20,673
So that's been like an advantage.

785
01:04:21,253 --> 01:04:22,573
Sorry, Trevor, you cut off.

786
01:04:24,433 --> 01:04:25,173
Are you there?

787
01:04:26,013 --> 01:04:26,193
Yeah.

788
01:04:26,393 --> 01:04:27,353
Can you hear me now?

789
01:04:27,653 --> 01:04:27,873
Yeah.

790
01:04:29,493 --> 01:04:31,333
Yeah, now I forget what I was saying.

791
01:04:32,353 --> 01:04:35,433
We were talking about how early it is to loan against your Bitcoin

792
01:04:35,433 --> 01:04:38,033
and Lexi was just saying some of the properties

793
01:04:38,033 --> 01:04:41,213
like the condos, for example, they go in stages.

794
01:04:41,213 --> 01:04:53,793
So that's another thing to consider for if you're buying like a two or three bedroom apartment in a condo, you put X down now and then X down at a certain completion level.

795
01:04:53,913 --> 01:04:59,793
That's usually how it works, isn't it? And then the final payment might be in 18 months time from now.

796
01:04:59,873 --> 01:05:05,093
So if you're timing that nicely, yeah, you're paying less and less Bitcoin over time.

797
01:05:05,313 --> 01:05:08,213
If you're timing that the other way around, you're...

798
01:05:08,213 --> 01:05:10,073
Yeah, that's true.

799
01:05:10,073 --> 01:05:12,133
I know, 100%.

800
01:05:12,133 --> 01:05:19,233
And what I was completing, it was that it's a big risk,

801
01:05:19,653 --> 01:05:24,173
but I'm seeing more and more Bitcoiners open to that.

802
01:05:24,673 --> 01:05:26,893
But my personal advice is like,

803
01:05:27,093 --> 01:05:30,833
if you're doing that with all the Bitcoin that you have, don't do it.

804
01:05:31,613 --> 01:05:36,313
But a lot of people that are doing that,

805
01:05:36,313 --> 01:05:42,453
they're doing with a small percentage of what they have and they feel comfortable that they

806
01:05:42,453 --> 01:05:49,033
if they need to put more Bitcoin, add more Bitcoin to the collateral, they will be able to do it,

807
01:05:49,053 --> 01:05:57,293
you know. But it's interesting because I remember just like two years ago, two, three years ago,

808
01:05:57,433 --> 01:06:04,793
I was not in on the table, you know. Bitcoiners will say, no, I'm not selling my Bitcoin. I'm not

809
01:06:04,793 --> 01:06:11,393
lending to anyone but now it's kind of like opening to to that you know and it's also like

810
01:06:11,393 --> 01:06:22,293
you know like having a house i think uh i think in both ways i think you don't need a house

811
01:06:22,293 --> 01:06:29,313
like i respect that that's that mindset that people say why you're gonna own a house you can

812
01:06:29,313 --> 01:06:36,713
always rent it you know and i'm i i like that idea but i also feel like for a lot of clients

813
01:06:36,713 --> 01:06:42,633
of us saying like hey i understand bitcoin is is the best investment but i need a house for my

814
01:06:42,633 --> 01:06:52,033
family i i want that secure that my kids will have a place that they can call home you know and and i

815
01:06:52,033 --> 01:07:05,918
i understand both side right yeah and it different for everybody uh and everybody on on their own journey obviously But are you able to help help people find long rentals as well If somebody wants to just come and live there for a year or two

816
01:07:05,918 --> 01:07:09,398
and do the real deep dive, you can find rentals as well.

817
01:07:09,398 --> 01:07:15,078
Yeah, actually, and that's something that we told people.

818
01:07:15,338 --> 01:07:19,738
Some people already know that they're real estate investors

819
01:07:19,738 --> 01:07:24,498
and they just want to be part of what's happening here in El Salvador

820
01:07:24,498 --> 01:07:27,098
and they don't need time to thinking about it, you know,

821
01:07:27,098 --> 01:07:30,878
because they're seeing from an investing perspective

822
01:07:30,878 --> 01:07:33,658
because the market is going to grow, right?

823
01:07:33,738 --> 01:07:36,158
The market in the USA is already high.

824
01:07:36,258 --> 01:07:37,978
I don't know how much higher it will go,

825
01:07:38,358 --> 01:07:43,558
but the market of El Salvador is just like getting up and up, up.

826
01:07:43,958 --> 01:07:46,798
So a lot of people just come here.

827
01:07:47,318 --> 01:07:48,178
They don't need time.

828
01:07:48,298 --> 01:07:52,578
They're like, no, I prefer to have money in a piece of real estate in El Salvador

829
01:07:52,578 --> 01:07:56,718
that haven't sitting in the bank or having a piece of real estate in the USA right now.

830
01:07:57,798 --> 01:08:01,158
But for a lot of clients, families, we advise that.

831
01:08:01,278 --> 01:08:05,978
We say, guys, if you're looking to relocate here, if you're looking to come and see,

832
01:08:06,618 --> 01:08:08,058
you don't need to buy immediately.

833
01:08:08,278 --> 01:08:09,758
Come and leave like six months.

834
01:08:09,938 --> 01:08:12,038
Come here for a year, you know?

835
01:08:12,198 --> 01:08:18,378
And then when you're ready, we're going to find exactly what you want, you know?

836
01:08:18,378 --> 01:08:20,978
And in that case, we help.

837
01:08:20,978 --> 01:08:26,058
We help families. We have been helping families to find long-term rentals.

838
01:08:27,498 --> 01:08:28,598
It's an auction.

839
01:08:29,358 --> 01:08:32,118
Low-time preference real estate agents.

840
01:08:33,178 --> 01:08:37,058
This is what we need.

841
01:08:38,438 --> 01:08:46,178
Again, Bitcoin touches a sector and just turns the whole ethos of that sector on its head.

842
01:08:46,178 --> 01:08:48,998
because usually it's just smash, smash, smash,

843
01:08:49,118 --> 01:08:50,398
get the sellers through the door,

844
01:08:50,498 --> 01:08:51,738
get the buyers through the door,

845
01:08:51,898 --> 01:08:52,798
just get everything,

846
01:08:52,998 --> 01:08:54,458
grease the wheels as much as you can,

847
01:08:54,918 --> 01:08:56,398
get that sign sealed and delivered

848
01:08:56,398 --> 01:08:58,458
and get my commission by the end of the month

849
01:08:58,458 --> 01:09:00,038
because I've got to meet my KPIs.

850
01:09:00,418 --> 01:09:02,518
That's a real estate agent's life.

851
01:09:02,698 --> 01:09:04,378
That's the hamster wheel.

852
01:09:05,178 --> 01:09:08,658
And it's just so, it suits no one.

853
01:09:08,738 --> 01:09:09,798
That's lose, lose, lose.

854
01:09:10,058 --> 01:09:11,858
The seller loses, the buyer loses,

855
01:09:12,258 --> 01:09:14,258
and the real estate agent loses their soul.

856
01:09:14,258 --> 01:09:25,758
like that's awful and you know we hear this before from us that i i i we hear this from clients like

857
01:09:25,758 --> 01:09:31,418
but why you don't push us to buy i mean it's like because you gotta be you gotta understand what

858
01:09:31,418 --> 01:09:37,078
you're doing you know but well you're gonna be my neighbors i'm gonna you're gonna be my new

859
01:09:37,078 --> 01:09:42,238
friends you're gonna like you know why would i you know give you ill advice because you're

860
01:09:42,238 --> 01:09:48,318
imagine ruining your integrity and your reputation on just like pushing a commission sales deal

861
01:09:48,318 --> 01:09:54,218
through like you don't but i will say i will say daniel when there is a good opportunity

862
01:09:54,218 --> 01:10:00,198
now that you're going to miss out on we will push it we'll push it like when we get a new

863
01:10:00,198 --> 01:10:04,218
development we know it's going to sell and we call our clients and we say listen you need to

864
01:10:04,218 --> 01:10:12,138
secure this now the prices will go up the the top floor units will go then listen to us then listen

865
01:10:12,138 --> 01:10:20,978
We have everyone that have been purchased through us or have been in the real estate discovering trip.

866
01:10:21,458 --> 01:10:35,998
They go to the, we have something that we call the Good Life Club that basically are all the investors, people that we put all together in a group that they can meet each other, that they can talk about their journeys, you know.

867
01:10:35,998 --> 01:10:48,598
And it's so beautiful to see people having access and getting engaging in the communication, you know, or the people saying like, hey, guys, I'm doing this in El Salvador.

868
01:10:48,758 --> 01:10:49,978
Okay, I'm doing this.

869
01:10:50,058 --> 01:10:50,838
How can I help?

870
01:10:51,018 --> 01:10:52,738
You know, it's so beautiful to see that.

871
01:10:52,738 --> 01:11:05,858
And that's where a lot of the good opportunities that Lex is talking, it goes to them first because it's a relationship, you know.

872
01:11:05,858 --> 01:11:10,338
It's like we don't need to convince our clients that are part of the Good Life Club.

873
01:11:10,618 --> 01:11:13,778
They already know El Salvador is a great opportunity to invest in.

874
01:11:14,118 --> 01:11:18,858
They already have a sense of what is a good price or what is not a good price.

875
01:11:19,258 --> 01:11:22,058
That is one of the things that many times I say,

876
01:11:22,058 --> 01:11:27,678
and this is one of the questions that I get very often, and people love my answer.

877
01:11:28,178 --> 01:11:31,478
It's like when they see a listing, they come to me and say,

878
01:11:31,898 --> 01:11:33,598
Chimbera, what do you think about the price?

879
01:11:33,598 --> 01:11:43,478
I'm like I'm like I think it's too high I think it's too high but you gotta you gotta understanding

880
01:11:43,478 --> 01:11:49,338
that if that is what you want if that is the property in the cliff that you want if that is

881
01:11:49,338 --> 01:11:54,218
the view that you want no one is making more properties like that you know those are like

882
01:11:54,218 --> 01:11:58,618
bitcoin so you gotta make sure that you understand that but in the end of the day

883
01:11:58,618 --> 01:12:00,478
is your decision.

884
01:12:00,758 --> 01:12:03,918
I cannot tell you it is a good price.

885
01:12:04,318 --> 01:12:06,758
To me, many times I tell my clients,

886
01:12:06,838 --> 01:12:10,078
I think it's a little bit higher than what it is.

887
01:12:10,678 --> 01:12:15,478
Or I advise them, I always say,

888
01:12:15,778 --> 01:12:17,438
what will be your offer?

889
01:12:17,578 --> 01:12:20,078
And they tell me like, I don't know, for a hundred.

890
01:12:20,238 --> 01:12:22,998
I'm like, let's start with 350 and see what they say.

891
01:12:22,998 --> 01:12:25,798
And many times we make our clients save money

892
01:12:25,798 --> 01:12:29,618
because the seller will accepting a lower offer, you know?

893
01:12:29,738 --> 01:12:33,078
But that is something that you need to work in

894
01:12:33,078 --> 01:12:34,818
with someone that you trust, you know?

895
01:12:35,398 --> 01:12:39,318
And that is like, I always say,

896
01:12:39,458 --> 01:12:41,018
that's why it's like Bitcoin, you know?

897
01:12:41,858 --> 01:12:44,138
You've got to hang out with the people that you trust

898
01:12:44,138 --> 01:12:47,598
and you don't need to see your back all the time, you know?

899
01:12:48,178 --> 01:12:50,078
And you bridge the language barrier as well.

900
01:12:50,078 --> 01:12:52,558
And that's always an off-putting thing

901
01:12:52,558 --> 01:12:55,518
for people that can't speak Spanish or read Spanish,

902
01:12:55,518 --> 01:12:58,718
You know, you've got to sign documents and this, that and the other thing.

903
01:12:59,358 --> 01:13:09,618
So that's always good to know that you've got somebody on the ground that is local and and also mixed with an expatriate view as well with with yours, Lexi.

904
01:13:09,698 --> 01:13:12,578
So, yeah, it's kind of the perfect dream team.

905
01:13:12,578 --> 01:13:17,838
But I'll wrap it up and ask you the final question.

906
01:13:19,178 --> 01:13:25,058
And if you had one last orange pill left to give to somebody, who would you give it to and why?

907
01:13:25,518 --> 01:13:34,358
that's a that's a that's a hard question

908
01:13:34,358 --> 01:13:45,698
um you want to go like i can answer it okay okay i feel like i can answer in this way because

909
01:13:45,698 --> 01:13:52,918
i would can i take the pill and i would i would i would i would chop it up and i would get it

910
01:13:52,918 --> 01:13:59,418
give it to everybody on my team yeah it's your pill right like okay okay okay because you know

911
01:13:59,418 --> 01:14:05,918
i don't know if that's cheating but i would like i think that it for me i want everybody on my team

912
01:14:05,918 --> 01:14:10,298
like we have a growing team at good life and i really want everybody to truly understand

913
01:14:10,298 --> 01:14:17,718
why bitcoin is important and how it can empower them you know and so for example if if somebody

914
01:14:17,718 --> 01:14:22,858
is more interested in learning about bitcoin or would want to receive their salary in bitcoin

915
01:14:22,858 --> 01:14:27,738
you know like that's that's something that that we would be totally open to and i i think we try and

916
01:14:27,738 --> 01:14:31,798
give opportunities for people to learn more about bitcoin but for me i would love like

917
01:14:31,798 --> 01:14:37,258
the whole good life team to really be orange filled that would be my answer

918
01:14:37,258 --> 01:14:41,638
we already did it to my to my families i would it would have been my family but yeah

919
01:14:41,638 --> 01:14:49,098
perfect jimbera yeah for me uh daniel i'm

920
01:14:49,098 --> 01:15:05,958
I will give to all the people that were working in the communities, in the Bitcoin circular economies, that they understand Bitcoin before.

921
01:15:05,958 --> 01:15:35,938
You know, I like this. I like Dorsey. Jack Dorsey is one of my biggest, like, big, like, you know, Bitcoiners like that. I really like in the way that he thinks, you know, that he say that he would love to see that poor people understanding Bitcoin before, before all the governments, before all the billionaires and millionaires, institutions that were

922
01:15:35,938 --> 01:15:41,578
we're seeing now getting into Bitcoin because every time it's going to be more harder and harder

923
01:15:41,578 --> 01:15:52,858
to, I'm talking for the people that never had access to nothing, right? And those are the people

924
01:15:52,858 --> 01:16:00,498
that we dedicate time to educate every day and trying to, you know, bring, giving them that pill

925
01:16:00,498 --> 01:16:05,858
because it's unneeded because the harder thing is that sometimes they don't see that they need it

926
01:16:05,858 --> 01:16:12,858
And that's when they needed the moss, you know, so I will need many pills, you know.

927
01:16:14,558 --> 01:16:21,838
I just want to say we had a meeting with somebody who came into our office in Salvadorian looking to sell some properties with us.

928
01:16:21,838 --> 01:16:45,098
And it was really cool because he shared his personal story and why, without getting into too many details, basically realizing that Bitcoin is his life insurance policy, like for his kids and his family and how, you know, he really wants to, he would prefer, oh, he's open to, I mean, I think he would prefer Bitcoin for payment for the properties that they want to sell.

929
01:16:45,098 --> 01:16:52,238
And it came from such a genuine experience of why Bitcoin became his life insurance policy.

930
01:16:52,238 --> 01:16:58,658
And you could just tell that he really understood it, believed in it, and wanted to pass it down

931
01:16:58,658 --> 01:17:11,703
to his children And that was super cool to see you know because he also didn get into Bitcoin until maybe about a year ago he said So that something that clearly came through Bitcoin adoption here in El Salvador and all the grassroots efforts of Bitcoin Beach

932
01:17:12,323 --> 01:17:16,863
So, you know, I love to see those stories and hear people talk about Bitcoin in that way.

933
01:17:17,823 --> 01:17:21,043
Yeah, very cool. Well, it's excellent what you're doing.

934
01:17:21,163 --> 01:17:24,703
Well done for setting this up and helping people.

935
01:17:24,703 --> 01:17:30,763
uh what's the best way for them to reach out and connect if somebody listening wants to you know

936
01:17:30,763 --> 01:17:37,063
further this and and perhaps get out and meet you guys so all of our contact information is on our

937
01:17:37,063 --> 01:17:46,303
website you can find us on x good life sv um you can find us on whatsapp telegram but yeah all of

938
01:17:46,303 --> 01:17:51,463
our contact information is on our website so that's the easiest way to probably find out how to get in

939
01:17:51,463 --> 01:17:57,583
touch all right excellent any closing thoughts from either of you before we shut it down

940
01:17:57,583 --> 01:18:04,623
i would love to see you and your family here yes soon

941
01:18:04,623 --> 01:18:15,703
i know brother i know i know i i think daniel what's happening here in osaba is really unique

942
01:18:15,703 --> 01:18:28,223
it's uh it's uh really inspiring and i think people should come and see it you know either if

943
01:18:28,223 --> 01:18:34,563
you don't we're looking to move or relocate because we understand alzabar is not for everyone

944
01:18:34,563 --> 01:18:41,943
it will not be for everyone but it's a place to see at least once you know to understanding how

945
01:18:41,943 --> 01:18:50,563
exciting sometimes things is and how that energy that you feel when things are moving forward to

946
01:18:50,563 --> 01:18:56,703
through a better future you know when people in the street smile when you're talking with people

947
01:18:56,703 --> 01:19:01,983
and the conversations are like hey i'm building this what are you doing how we can collaborate

948
01:19:01,983 --> 01:19:07,203
you know in the bitcoin meetups like you know people getting exciting people talking about

949
01:19:07,203 --> 01:19:11,843
everything and not being scared that I'm going to say something and I'm going to offend someone.

950
01:19:12,663 --> 01:19:18,843
Here, El Saber is the place that you can have tough conversations. And there is always a line

951
01:19:18,843 --> 01:19:25,323
of respect, you know, but we can experience that freedom, you know, and that I think is

952
01:19:25,323 --> 01:19:32,123
what a lot of people feel exciting when they come here and, and, and liberate and say like,

953
01:19:32,123 --> 01:19:33,783
what a

954
01:19:33,783 --> 01:19:34,903
what a release

955
01:19:34,903 --> 01:19:35,403
you know

956
01:19:35,403 --> 01:19:36,403
let me enjoy

957
01:19:36,403 --> 01:19:37,383
the sun

958
01:19:37,383 --> 01:19:38,183
let me enjoy

959
01:19:38,183 --> 01:19:38,863
the food

960
01:19:38,863 --> 01:19:39,443
and these

961
01:19:39,443 --> 01:19:40,203
you know

962
01:19:40,203 --> 01:19:40,663
that

963
01:19:40,663 --> 01:19:42,643
I also

964
01:19:42,643 --> 01:19:44,123
saw many people

965
01:19:44,123 --> 01:19:45,103
that came here

966
01:19:45,103 --> 01:19:45,463
without

967
01:19:45,463 --> 01:19:46,863
any expectation

968
01:19:46,863 --> 01:19:47,783
but

969
01:19:47,783 --> 01:19:48,803
El Salvador

970
01:19:48,803 --> 01:19:49,643
got them

971
01:19:49,643 --> 01:19:50,803
and never left

972
01:19:50,803 --> 01:19:51,223
you know

973
01:19:51,223 --> 01:19:51,923
or started

974
01:19:51,923 --> 01:19:53,523
coming back

975
01:19:53,523 --> 01:19:54,203
more often

976
01:19:54,203 --> 01:19:54,563
you know

977
01:19:54,563 --> 01:19:54,883
so

978
01:19:54,883 --> 01:19:56,223
make your

979
01:19:56,223 --> 01:19:56,863
make

980
01:19:56,863 --> 01:19:58,283
make you a favor

981
01:19:58,283 --> 01:19:58,963
come to

982
01:19:58,963 --> 01:20:00,903
experience this

983
01:20:00,903 --> 01:20:01,263
you know

984
01:20:01,263 --> 01:20:01,703
yes

985
01:20:01,703 --> 01:20:05,843
for sure and then you'll never leave and then you'll never leave yeah exactly

986
01:20:05,843 --> 01:20:16,443
and and i'm pretty sure mike will be really happy that you can um use his podcast studio because it's

987
01:20:16,443 --> 01:20:22,803
amazing you will love it i i'm very jealous of his podcast studio i i've watched uh many

988
01:20:22,803 --> 01:20:28,023
interviews and yeah he's got a beautiful setup yeah he's done uh he's done very well i'm just

989
01:20:28,023 --> 01:20:35,703
still uh a pleb you know in my uh in my spare room no you're and you know i think he's gonna

990
01:20:35,703 --> 01:20:41,923
retire soon so we're we're gonna be looking for someone to to take over the podcast he he already

991
01:20:41,923 --> 01:20:48,623
mentioned it to me like be ready i'm like i don't know i don't know that you know like i i i love to

992
01:20:48,623 --> 01:20:56,823
do the other things but i don't think so i'm a good interviewing podcaster you know but you could

993
01:20:56,823 --> 01:21:03,983
do a great job well thank you very much so if people want to find you it's goodlifeelsalvador.com

994
01:21:03,983 --> 01:21:09,083
that's the website and i'll put it in the book yep i'll put it in the show notes for everybody

995
01:21:09,083 --> 01:21:13,203
thanks for everything you're doing you guys and thank you so much for coming on the show and

996
01:21:13,203 --> 01:21:19,103
giving up your time and um yeah helping bitcoiners when uh when they're looking for help the most

997
01:21:19,103 --> 01:21:24,723
uh and that is moving countries you do i mean we've done that many times and to have a soft

998
01:21:24,723 --> 01:21:29,663
landing is so key and especially if you've got people that you trust on the other side looking

999
01:21:29,663 --> 01:21:34,763
out for you so you've you've definitely created something that there's going to be more and more

1000
01:21:34,763 --> 01:21:41,463
of a need for as more people get attracted to to the area and um and to your company so well done

1001
01:21:41,463 --> 01:21:47,383
thanks so much for having us this was a really great conversation okay thank you guys take care

1002
01:21:47,383 --> 01:21:51,183
Well, I hope you enjoyed that one.

1003
01:21:51,183 --> 01:21:53,983
Guys, please reach out to Chimbera and Lexi.

1004
01:21:53,983 --> 01:21:59,883
If you are going across to El Salvador, just to go check it out, just for a holiday.

1005
01:21:59,883 --> 01:22:06,183
If you're going to go and get to one of the conferences, there's going to be two in November.

1006
01:22:06,183 --> 01:22:09,983
There's AdoptinBitcoin that's going to be going on, which we talked about at the beginning

1007
01:22:09,983 --> 01:22:10,983
here.

1008
01:22:10,983 --> 01:22:16,323
There's another one going on in Berlin, which is another town in El Salvador that is uber

1009
01:22:16,323 --> 01:22:20,683
Bitcoin friendly. You've got a couple of Bitcoiners over there doing some great things,

1010
01:22:20,763 --> 01:22:27,103
great initiatives. And then you got the other one in January. So you've got some choices.

1011
01:22:28,063 --> 01:22:32,543
And another thing that crossed my mind, for those of you that are listening,

1012
01:22:33,223 --> 01:22:38,683
that live in countries where Bitcoiners are moving to your area, Paraguay, for example,

1013
01:22:38,683 --> 01:22:44,683
that is another country that's seen a lot of Bitcoiners attracted to. Madeira,

1014
01:22:44,683 --> 01:22:48,483
here in Europe, which is a small Portuguese island.

1015
01:22:49,023 --> 01:22:53,823
Another place, Costa Rica, Guatemala has a big Bitcoin community.

1016
01:22:55,843 --> 01:23:01,363
Consider reaching out to Lexi and Chimbera and just picking their brains.

1017
01:23:02,043 --> 01:23:06,163
Like, what do we need to do to set up the same kind of thing that you've set up?

1018
01:23:06,163 --> 01:23:11,603
Get collaborating because there's something there for sure, 100%.

1019
01:23:11,603 --> 01:23:15,103
And it could even be maybe you live near Bitcoin Park in Tennessee.

1020
01:23:15,823 --> 01:23:17,363
And Bitcoin is going through there all the time.

1021
01:23:17,443 --> 01:23:17,883
Or Austin.

1022
01:23:18,163 --> 01:23:20,143
People are going to visit Austin all the time.

1023
01:23:20,463 --> 01:23:21,103
Bitcoin Commons.

1024
01:23:21,463 --> 01:23:24,423
Is there somebody there that is offering that soft landing?

1025
01:23:24,823 --> 01:23:26,043
Like, here you go.

1026
01:23:26,403 --> 01:23:27,143
I'm here.

1027
01:23:27,443 --> 01:23:29,183
I can tell you the best places to rent.

1028
01:23:29,363 --> 01:23:30,983
You can rent here, there, and everywhere.

1029
01:23:31,323 --> 01:23:32,263
Maybe some in Bitcoin.

1030
01:23:33,123 --> 01:23:34,883
These are the best restaurants.

1031
01:23:35,543 --> 01:23:38,683
These are the best places that you can go and spend your Bitcoin.

1032
01:23:39,183 --> 01:23:40,383
Support these local businesses.

1033
01:23:41,603 --> 01:23:43,903
Meetups, you name it.

1034
01:23:44,123 --> 01:23:46,483
It's so important.

1035
01:23:47,823 --> 01:23:50,343
It just ups your travel game so much.

1036
01:23:50,423 --> 01:23:52,323
And this is what I love about Orange Pill App.

1037
01:23:52,503 --> 01:23:55,043
And this is why I shill the hell out of Orange Pill App.

1038
01:23:55,543 --> 01:24:00,323
Yes, I have been part of the team there with Mateo from pretty much the very beginning.

1039
01:24:01,023 --> 01:24:03,923
Because I knew the need was there.

1040
01:24:03,923 --> 01:24:09,123
I knew the need was to be able to open an app when you're traveling and just find your tribe.

1041
01:24:09,123 --> 01:24:13,363
and the more and more people I meet and talk to about Orange Pill app

1042
01:24:13,363 --> 01:24:16,623
are having just the most incredible experiences.

1043
01:24:16,803 --> 01:24:18,703
They get to where they're headed to.

1044
01:24:19,003 --> 01:24:20,463
They could even be on a family holiday.

1045
01:24:20,743 --> 01:24:21,783
I've done this myself.

1046
01:24:22,003 --> 01:24:24,683
On a family holiday, I just open the app

1047
01:24:24,683 --> 01:24:28,163
and within five to ten miles, there's a Bitcoiner.

1048
01:24:29,003 --> 01:24:30,523
And I can just sneak you a message,

1049
01:24:30,843 --> 01:24:33,243
say, listen, I'm going to have two hours free this afternoon.

1050
01:24:33,383 --> 01:24:34,283
Do you want to go grab a coffee?

1051
01:24:34,903 --> 01:24:36,303
And I get my Bitcoin fix.

1052
01:24:36,303 --> 01:24:41,983
you you guys i know you're in the car listening to this with your family and you're all probably

1053
01:24:41,983 --> 01:24:47,383
smiling right now or getting side-eyed by the wife like this is the best way and then you you

1054
01:24:47,383 --> 01:24:52,983
find out so much about the local area and all of a sudden you come back with all the best restaurant

1055
01:24:52,983 --> 01:25:00,703
advice you know that the places to avoid uh the the secret things to do the best things to do

1056
01:25:00,703 --> 01:25:07,263
within like the city or the best secret beaches or the best mountain hikes or the best ski runs

1057
01:25:07,263 --> 01:25:14,023
wherever you are right it's it's it just works on so many different levels and yeah happy to share

1058
01:25:14,023 --> 01:25:24,123
that there are now there have been two uh successful romances on orange pill app and it did start out

1059
01:25:24,123 --> 01:25:30,063
as a bit of a joke that it's going to be the worst dating app ever designed but yeah two two couples

1060
01:25:30,063 --> 01:25:38,003
have found each other and got engaged and getting married and that's flourishing bitcoin and bitcoin

1061
01:25:38,003 --> 01:25:43,423
families and it's just great to see so yeah get it get into the link in the show notes orange pill

1062
01:25:43,423 --> 01:25:47,763
app there's a referral link there and you'll get a thousand sats when you download the app and then

1063
01:25:47,763 --> 01:25:53,303
you can start you know slinging sats around with your wallet uh yeah it's great fun get over there

1064
01:25:53,303 --> 01:25:58,403
check it out paywithflash.com i said at the beginning these guys have made something very

1065
01:25:58,403 --> 01:26:03,903
simple for you to use to accept bitcoin for your goods and services plebeian.market is another

1066
01:26:03,903 --> 01:26:10,343
place for you to go and visit stack your sats with relay and swan bitbox is the place for you to

1067
01:26:10,343 --> 01:26:17,923
self-custody bubble b-u-b-b-l.fm go and check that out curate your podcasts curate your 40 hours per

1068
01:26:17,923 --> 01:26:23,823
week make sure you're getting the news that you can use and go listen to dave bennett's show

1069
01:26:23,823 --> 01:26:29,563
Dave Bennett has been in the Bitcoin scene for many, many a year.

1070
01:26:29,743 --> 01:26:32,463
He's released over a thousand episodes.

1071
01:26:32,663 --> 01:26:33,943
He's almost daily.

1072
01:26:33,943 --> 01:26:42,363
He reads everything that he can find on Bitcoin and then breaks it down in a really excellent podcast that should be part of your 40 hours per week.

1073
01:26:42,823 --> 01:26:44,863
Dave has been a guest on this show a couple of times.

1074
01:26:45,003 --> 01:26:46,163
Just go back and look for it.

1075
01:26:46,163 --> 01:26:48,583
Nanya Bidness is his avatar.

1076
01:26:48,863 --> 01:26:55,903
That's at N-U-N-Y-A Bidness, B-I-D-N-E-S-S.

1077
01:26:56,203 --> 01:26:57,503
Thank you everybody for listening.

1078
01:26:57,663 --> 01:26:58,863
Really appreciate it.

1079
01:26:59,243 --> 01:27:00,383
Look forward to the next one.

1080
01:27:00,963 --> 01:27:03,943
Take care, stack safe, stay away from those treasuries

1081
01:27:03,943 --> 01:27:06,023
and self-custody your Bitcoin.