Bitcoin Mining in Paraguay

Peter Young joins me to discuss the development of autonomous administrative areas around the world called ‘free cities’, where new types of governance can be offered to citizens outside the control of existing states, and how this project correlates with Bitcoin. 

Peter is the managing director of the Free Cities Foundation. 

// GUEST // 
Twitter: https://twitter.com/petermiyoung 
Website: https://free-cities.org/ 
Conference: https://libertyinourlifetime.org/

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// OUTLINE // 
00:00 - Coming up 
00:32 - Intro 
02:05 - Helping Lightning Startups with In Wolf's Clothing 
02:51 - Introducing Peter Young 
03:29 - Professional Background, Bitcoin Journey, and Founding of Free Cities 
04:53 - The Idea Behind the Free Cities 
05:51 - Distinctive Features of a Free Private City 
09:23 - How Did We Deviate from the Ideal City Model? 
10:53 - The Real World Prospects of the Free Cities 
13:47 - Próspera: A Private City in Development 
15:23 - Maximize Your Profits with Gold Investment Letter 
16:19 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 
17:16 - Take Control of Your Healthcare with CrowdHealth 
18:17 - The Unique Legal System of Próspera 
21:09 - The Process of Immigrating and Working in Próspera 
23:04 - The Population of the Free Cities 
25:26 - Bitcoin and the Free Cities Movement 
28:32 - The Monetary Policy 
30:44 - What Bitcoiners are Thinking about the Free Cities 
31:48 - What’s in it for the Government 
33:24 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 
34:15 - Hold Bitcoin in the Most Secure Custody Model with Casa 
35:04 - The Prospect of Bitcoin Mining 
37:08 - Restrictions 
39:37 - The Legal Structure for Political Protection 
42:27 - The Legal Battle Between Próspera and Honduras Government 
43:43 - How the World with Free Cities Would Look Like 
46:40 - The Thesis of the Sovereign Individual 
48:24 - Where to Find Peter on the Internet

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