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.
// 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