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What’s it really like living in a modern-day freedom community?
In this episode, we sit down with Patrick Hiebert to unpack the vision behind luxury off-grid communities that grow their own food, aim to lower the cost of living, and use Bitcoin as part of everyday life. We get into freedom, self-sufficiency, Bitcoin circular economies, and why more people are starting to look for alternatives outside the mainstream system.
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Imagine buying a home in a community where it's not just the low cost of living. It is
no cost of living, free electricity, free water, and free food. And they even mind bitcoin to help pay
for home owner association fees or body culprit fees as we know them in Australia. And imagine that
these developments were being done worldwide. Not by some rinky-dink little outfit,
where you turn up for a presentation of someone sitting there with a tambourine with flowers in
their hair. A publicly traded US company that is selling these estates out to people from the West
who are simply sick of it. People who are from the business world, from the bitcoin world,
people who are free thinkers, anti-vaxxers who've got money, want real good homes in these kinds
of environments. Well, that is what our guest today does for a living, his name is Patrick. He is
the CEO and founder of a publicly traded American company that is building these communities all
over the world. I went and saw their project here in Panama, which is 99 percent sold out now. We
talked about his next one, which is a 500 home subdivision lot in Costa Rica. It's an incredible
interview. You're going to love it. And I think, you know, guys, there's some really cool stuff
happening out there in the world. This is one of those case studies. If you enjoy the content,
please do me one small favor and hit the subscribe button because that's what enables me to get guests
like Patrick onto the show. You're going to enjoy it. And also, if you want to check out Pat's
developments and what they're doing at Ortrus and Veritas villages, there's a link below. And you can
go check it out. Thanks for watching. See you on the other side. Patrick, welcome to the show.
So good to have you with us. Thank you very much Adam. It's great to be here.
I was commenting off camera on that spectacular view behind you. I think a lot of people around
the world probably wondering where that is. Where are you today? I'm in our headquartered office in
Panama City, Panama. And as I was saying, you'll see birds flying by because it's a real
backdrop. It's alive. Give me the tour of Panama City back there. I love it. I love it.
They're just a context guys. I met at one of their company's projects here in Panama. And I got
a say. I've been thinking about it a lot since I left. I think what you're doing is absolutely
remarkable. And you hear about these things, but it's not until you actually walk the ground and
meet the people that you see that it is actually real. And there are people out there
like you that are creating these communities and doing these remarkable things. So before we dive
into it, what I'd love to just give our listeners is just your background because I think your story
is fascinating of how you, what inspired you to get into this business, the Ultras Group
and co-found it and create it. So what's your background, Pat?
Well, originally I was in a computer science and started some software companies up in Canada.
And I was just programming computer software for energy industry companies, oil and gas companies.
And I was lucky enough to found a couple of those companies and sell them when they were still
worth something back in the .com era. And because of that, I was able to kind of travel the world
with my young kids and ended up here in Latin America and really loved Latin America. But before
moving down here, my son and I, when my daughters were a little older, it was just my son and I
decided to go live on a boat and sail around the Pacific Northwest area around Vancouver Island
and Canada, Seattle region up there. Beautiful, beautiful area for sailing, tongues and thousands
islands to stop at and everything. But what I really liked about it, we lived on a boat for almost
a couple of years, I guess, but what I really liked about it, there were lots of things I liked about it.
One was if you didn't like your neighbors, you could just pull up anchor and change location.
We were creating our own powers, we were catching our own food or growing our own food,
creating our own potable water with reverse osmosis and that sort of thing out of the salt water.
And it just was a great life. And so we were there for a while and then realized, this would be
fun to do on land. And so I wanted to create a self-sustainable communities that are just
basically unplugged from government control and just started doing that about 20 years ago.
And it's been an evolution, right? We came down to Nicaragua first, one of the countries,
I'm in Panama now, but Nicaragua is the first place we built a community. And it's just a bit like
a kid in the candy store because the property values were so inexpensive compared to where I
was in Vancouver Island area, which is kind of like the Bay Area and California, just super inflated
prices. So we bought these big tract of land and basically started creating communities.
I didn't know if people would be interested in them, but we were very libertarian-minded.
We created freedom-oriented communities. And then to make a long story short, it was very
evolutionary over time. But once COVID hit, we really kind of kicked it up a notch and had a lot
more interest than we expected. It was kind of originally for family and friends. And because I was a
software guy in the past, I just threw up a website and whatnot, well, maybe other people will be
interested too. Turns out a lot of us are out there that are kind of like freedom, don't like
authoritarian governments. And you know that the political divisiveness, especially in the US,
Canada's terrible too, in lots of Europe. So if you're on one side, you don't have family
gatherings with somebody on the other side. And it's just got crazy. And COVID was a real eye
opener for a lot of people. So that's kind of really is what ramped it up at that point.
So over those years, I was just looking on your website. You've built in projects in the
Karagua, Panama too, in Panama, I think now Costa Rica, Belize, Honduras and El Salvador.
And I think for a lot of listeners, you were talking about the demise of Canada and the US and
the problems Australia where a lot of our audience is the same. New Zealand, these people woke up.
I'd say a minority of people were awake before COVID, but COVID woke a lot of people up and
people realised, oh my god, our government actually don't have our best interests at heart.
And I think Australians, Canadians are quite similar in that they are trustee and they're kind.
And they, but now they're like hang on a sec. And like, and when I went out to your development
here in Panama, I didn't know what to expect. Tony from the Bitcoin way had told me it's
really cool, but that's far from actually seeing like it's 95% sold out. And how many lots are up
there just just out of interest around a hundred, but I think we're looking at expanding.
We're working on expanding the community. It's basically sold out now. I think there's
after the weekend, it was two or three lots at most left. So it's been it's been very popular.
And like you said, I think the commonwealth countries are like a race to the bottom who can be the
most ridiculous with carbon taxes and wealth taxes and exit taxes. The UK is just reading a stat,
the UK lots of over 15,000 people in 2025 because of the wealth tax, high net worth and
and you know, millionaires were basically leaving. And those guys are paying a lot of taxes and
they're creating a lot of jobs. So I don't know what that says for the future of the UK and all
of our countries. Canada, Australia, New Zealand, very similar in the way they're thinking for sure.
Did you find like my response and reaction is quite common like when when I'm at home in the
comfort of Australia and living, you know, in what we all believe is the comfortable good life.
But then you coming out to like somewhere like a Veritas village and for those of you want to
see what we're talking about, there's two websites. One is Ultras Group, which is basically the
parents are publicly traded company. The Patrick is the co-founder of and CEO chairman. And then there's
Veritas villages, which is the actual, you know, communities that you can go and check them out.
I was just looking at the Nicaragia one just before and I was like, oh my god, like there's beach
front homes there and they're stunning. But is the response fairly common when I went up there?
I didn't know what to expect. But as I met, I think it's your wife on the way in and I was chatting
with her and she's lovely and the place is lovely and then I see the electric van, you know,
connected over cars because of both. Yeah, all kinds of car guys, we didn't realize until we were there.
But is it fairly common that like you see people who are coming from the west just go, oh my god,
like this is an incredible alternative where you've got this fully, something you said was like,
we've got a Bitcoin mind running here with this making money for the community. We're growing
all our own food, you know, and you openly said, if you're a lefty, you're probably not going to
fit in here. No, that's right. You open about it. I mean, like I said, I'm libertarian. I'm not
right or left. I'm just trying to be logical and, you know, I can't stand mainstream media today,
especially in, you know, like like Canada or Australia, it's just, I was up in Canada not too long
ago and I was watching a TV and the airport and the news was playing and I'm looking around like,
is anybody else hearing how ridiculous this stuff is? Like the news reports are all radically
leftists stuff and it was like, you know, all about, you know, we should become more socialists
like and more communist like and it's like, guys, this has been tried before. It doesn't work,
you know, I don't know what else to tell you. But yeah, you know, yeah, we're, I mean, we don't,
you know, we're not gatekeepers of who can live in the communities, but most of the time if you're,
you know, if you're woke, frankly, you're just not going to like them. I'm pretty blunt about that
because a lot of us are fairly like-minded. We like to sit around and talk about anything we want,
we don't like to be censored, we don't like to be canceled, you know, you know, it's got to the
point where you can't go to your own family gatherings or whatever because, you know, with you,
you didn't wear a mask during COVID or you didn't want to get vaccinated, then you weren't allowed
to come over and not just all that stuff was, it's been ridiculous. So we're just kind of a logical
place, like you said, where we like to be self-sufficient. We don't like the authoritarian government
kind of approach, you know, Canada's a poster child of that, you know, that's the one I know best
being Canadian, right? But we see it in Germany, France, Australia, New Zealand, all over the US as well.
So it's, I don't think we're very radically minded. It used to be the liberal approach that was kind
of low taxes and in open-mindedness, but that's not the case anymore. So I think the left is
gone so far left that it kind of makes interests far right now. Exactly. That's exactly what's happened.
I mean, I'm considered right wing in my mind. I haven't changed at all since I was a kid,
I've been right down the middle as far as I'm concerned. I don't like far right, I don't like far
left, but I certainly don't feel like I changed much, but the left is pulled everything over that
directions. What would it be like if you could move to a country where your income tax on all
money generated outside of that country was zero, zero not only on income, but also capital gains
on every asset that sits outside of that country? Well, that's the reality for people who make Panama
their home. Now, Panama is in Central America. It is on New York, Eastern American time zone.
It is a phenomenal place that is safe. It has attracted entrepreneurs and investors from all
over the world and I recently relocated here using the services of the team at the Bitcoin way.
Now, I first worked with these guys to help me understand and organize my financial security
through Bitcoin's self-custody and they were so detailed, so professional that I used them to also
help me with my immigration to Panama. They only assist with one country in the world and that is
Panama. Here you get no tax on income outside of the country, no capital gains tax if you trade
shares or crypto or any of those things. You can open a bank account that has checking savings
and a Bitcoin bank account. Imagine that. It's quite amazing. If you want to learn more about getting
a plan A, a plan B or a plan C residency, all of which they can explain to you on a free call,
click on the link below this video. You can get a free 30 minute call. If you want to relocate your
life to a more tax-friendly environment and you don't have to be here permanently either, in fact,
you can be here for as little as one day in every two years. With that said, click on the link,
check it out and let's get back to the video. I'd like to hear it in your words,
like the vision for the village that I saw. It blew me away that you guys have got your own
food sustainability. You've got your own fish. You're going to be growing on site. You're so happy
upon, like walk us through, like for somebody who's trying to imagine life in a Veritas village,
like the one that I've visited, what's it going to be like when it's complete? There's somehow,
I think there's 15 homes already, either built or under construction now, but a whole lot more
coming in the next two to three years as they come out of the ground. What will it be like there?
When you turn up, try to describe people where it is relative to Panama City and what the environment,
what will be happening inside of that village when it's complete. The problem with radio is we
can't show you our new box packed with a KFC snack or five nuggets fries and a drink for just seven
dollars. So you'll just have to trust us when we say the crispy golden fried breading will make
your mouth water. You'll have to trust us when we say this is a ridiculous amount of chicken
for such a small price. And you'll have to really trust us when we insist that yes, it really is
only seven dollars. Seven dollar box feast from KFC, trust us, it's finger lick and good.
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Microsoft.com slash and 365 co-pilot. Well, it's basically, well, the Coronado community that you
saw Beratav's village Coronado is about an hour and a few minutes west of Panama City. So you're
still close to the, you know, a big city, but it really feels like you're out, you know, in the
forest and the jungle right when you're out there when you're walking around. It's been Coronado,
the town of Coronado is in a real expat center. There's people from all over the world that live
there. So you're 10 minutes away from, you know, grocery stores, hardware stores, malls,
movie theaters, everything you want. And then some beautiful nature with mountains and hiking and
lagoons and things like that. Layation. Yeah, the beach, you're only 15 minutes away from a
beautiful Pacific beaches. And so life is pretty normal. I mean, you know, assuming nothing,
you know, the next COVID doesn't happen. It's pretty much a normal life, but it's a great plan B
and certainly become a plan A for a lot of people from all over the world now. I think I was
probably mentioning to you that I showed the community to 10 different couples in a role,
and they were all from 10 different countries around the world. And in different age groups in
their 20s, 30s with young babies in their 30s and 40s with teenagers, you know, and then some
people that are retiring, wide demographic, that changed during COVID, too. Our previous communities
were more retirement oriented, but it was now COVID kind of proved to people, a lot of people,
at least that you can work from home, depending on what your job is. And if you can work from home,
you can kind of choose where your home is. You don't have to be in Detroit, Michigan, or something,
you can move to a nice tropical community. But, but the, you know, the communities are great. We
have four of them, like you said, now in existence and we're building more. I was just in Argentina
and El Salvador, literally just they've got home from Salvador. So we're looking at expanding
all the time. And it's just, you know, it's not the radical, like it's not a hippie village or
whatever it's, we make luxury off-grid communities. And, you know, you saw some of the homes are
large and, you know, on smash and like in summer, smaller tiny homes, it's a real mix. But the people
are kind of like-minded, you know, just logical people that are tired of mainstream media and
political divisiveness. And so they just, it's nice to get together at places like the Welcome
Center or the restaurants in our communities, have a glass of wine or beer or whatever and talk
with people, you know, that are just kind of normal people. And it's just nice that, you know,
you can say whatever you want to say. I'm not going to get judged or canceled. And so it's just
out of the way we grew up where if you disagree with somebody, that's fine. We all, you know,
agreed to disagree sometimes. But it's not the, you know, such angst among people these days. So,
for me, I grew up in a small farming town in community and in Canada, Ferries or Canada. And then,
to me, it's a lot like living there. We're going to have a school on site as well. So people,
you know, kid, imagine the kids where you walked around there. Imagine, you know, go down to the
creed catch minnows and butterflies or whatever. That's your field trips as a kid. And you're
you're growing up in a school that's not woke. So you're probably learning a lot of actual things
like math and English and English, you know, instead of, you know, how to protest. And so it's just,
it's just a really nice place to live. And then it's been super popular. Like when we introduced it,
we didn't know. It was just going to be kind of people that we knew of in the world that were like,
kind of like minded. But it's been super so popular that, you know, they're selling up. We have a good
problem to have as a lack of inventory because we can't expand them fast enough. But life is just,
it's just a nice life to have. Like we used to have without, you know, so Pat, I guess what I
was getting at is like inside of these villages, you've got like, you know, these fist ponds,
you've got like forests, like how does it actually function? If somebody buys into the community,
who tends to these gardens, are they paying for the food or is everybody chipping in like what's
actual day-to-day life like there and those sort of respects? Because one thing you said was like,
your goal is to make it as close to free to live there as possible. Exactly. That's been the whole
plan from the beginning. And there's two costs that we can't really avoid. One is the property taxes,
which is very minimal and in Central and South America. So it's very little, but still exists.
And the other one is the HOA fees, homeowner association fees, which we try to keep as minimal as
possible too, because employing people in this region is also very inexpensive. So the HOA fees
tend to be very low. But we're also doing some fun things with like mying Bitcoin from excess solar
power and that helped either pay for that or at least offset most of it. The goal is to offset it
all. So that literally once you've bought your home and one of the communities, it is basically
living for free. You know, the water is free. We have great quality mountains,
spring fed water that deep, deep well. We go through like three aquifers down to really great
water. I think you might have tasted some of the water here. It was, and everybody was cool enough.
And it's, I did. And yeah, it's really good water. And you know, on the water side,
I don't only think we do for filtering is a sediment filter, which is normal. Charcoal and UB,
we don't add any chemicals or anything, but it's a free water, basically free food. You know,
the orchards, community orchards and gardens, community, tilapia pond, like you mentioned,
livestock, everything that we can do. I think right now we have 46 different varieties of fruits
and things in the orchard and it's always expanding. The idea is always if we have to close the
gates because something weird is going on, we're going to be perfectly fine living a normal life
inside the community. And so it's, you know, there's tennis courts and music studios and woodworking
shops and things like that too. So there's stuff to do. And so you can live a really nice life.
And like I said, the idea is to make it basically free. You're not paying for the water, you're not
paying for the food, you're not paying for electricity, everything. It's a 100% luxury off-grid system.
So solar system, wind systems comes with the home embedded in the home price. So what you pay
for your home is getting you a fully off-grid system. And it's not like yurks or cabins in the
forest, right? These are really nice homes. Very well iPod already made. And it's the whole ideas
to live among people that you can get along with with almost no cost at all to it.
Yeah, I love that about the village when I was there. You were so stoked about like showing
the van and the cars. You're like, my goal right with the little car was to buy the cheapest air
condition, AV in the world. And like in the same way that people in the west would flex over
there, Bentley, you were flexing over your car that you got from China. I'm like, what was it?
$800 or something? Yeah, I was $800. Including, I think it was $200 more for the air conditioning.
So it was about $1,000 or something like that with air conditioning. Pure electric car,
four-seater, you know, I slap a solar panel on top of so it's always charging even while you're
driving. So it's the same with the bus. We have that 14-seater bus that my wife and son laughed at
when I ordered it. But I got the last laugh because I love it now. It puts solar panels on it too.
We can go down to grocery shop with it. Go back to the community, go to the movie theater,
whatever, take people around. And you know, it's always refilling from the solar panels. So it
never feel you never have to fuel it. It's great. It's free. It was it was amazing. And I think in this
time, you know, this, this kind of living, you know, is just solving the biggest problem that people
have, which is just the cost of living forever going up. Their money's broken. They're feeling it
now for the first time. It's done to sort of Google things like, let me understand inflation. Like,
how does it work? And Bitcoin is only going to have its moment more and more. And Bitcoin's sort of
embedded into these communities as well. Can you talk about that quickly? Yeah, in all aspects.
Well, we're first of all, Autrosser parent company is a Bitcoin treasury company long before
that was cool. We've been accepting Bitcoin. You can buy your home in any one of our communities with
Bitcoin. As I mentioned earlier, we mine Bitcoin with access solar panels or solar power.
The thing as far as I know in the Latin America, where the only company really doing that in a community,
individual basis, everybody can have their own Bitcoin miner and use any extra. We have to build
those solar systems pretty big because I don't want you calling me at four in the morning on
New Year's Eve that you're having a big party and your power went out. So we make sure
and the technology's gotten so much better over the last years too that it's pretty easy to do now
to make them kind of bulletproof to how much power you use. But yeah, so you can buy your home with
Bitcoin, all the commercial entities, stores, restaurants, whatever inside the community must use
Bitcoin or accept Bitcoin. We don't have many rules. We're a freedom oriented community. You can
more or less just cause no harm and it's all good. But that's one rule we have for the commercial
businesses that they have to accept Bitcoin because we're creating Bitcoin circular economies or
what we refer to as Bitcoin Citadels around this region. And so I'm a huge Bitcoin fan and that's
been part of our ethos right from the beginning. We acquired BitCorp a few months ago which kind of
bolstered our Bitcoin treasury strategy. And so it's in the veins of the company. So it's
Bitcoins a big deal. I noticed you're wearing the Bitcoin cap there. Yes, the same page there.
That's one of the reasons I love Panama and why I'm a resident here now is because when I went
open my bank account, I got a checking savings and a Bitcoin account included which was just a while
then I look at buying out of bank like out of bank. And I was thinking, you know, the agent who
was showing me his property was like, you know, how are you going to get the money into the country
and Tony at the Bitcoin way said, well, just wire some Bitcoin over. And the agent wasn't really
interested when I said, oh, can I pay in Bitcoin? And then as soon as she heard that we could get money
into a bank without using the banking rails traditionally, it is picked up because she was like, oh my
god, this is the biggest problem with me selling to people from around the world that are moving to
Panama as the ability to bring it in. But when the developer like yourself has a wallet address
and you can just pay the developer directly, I mean, it's just so good. You know, I love that you
guys do that. Yeah, the only reason we actually convert into Beath is because in some of the countries
we still can't pay for houses to be built in Bitcoin. But that's coming to and El Salvador,
you can. But you know, Panama has been very forward thinking too at Bitcoin. I paid my property
tax with Bitcoin last year. And so, you know, that's pretty cool. So yeah, I mean, I'm, there's a
number of banks now following that trend in kind of a city, as you know, Panama City is kind of
the banking center for Latin America, flight center, all the airlines come through here. So it's kind
of what everybody follows in terms of the city. It's kind of like the Dubai or Manhattan of
Latin America. And when they start changing to accepting Bitcoin, you know, we're talking about
my other car that I bought with Bitcoin. So people are starting to accept Bitcoin for different
things, right? So yeah, yeah. And then with that bank, it doesn't really matter. If they're forcing
you to buy with USD, just do it. Like I transfer Bitcoin back and forth to Fiat all the time now.
Yeah, totally. It's getting so much easier now. I hope you're enjoying this episode of The Sat
Signal. I wanted to take a moment to remind you that it is in the bear markets that Bitcoiners,
real Bitcoiners, make the most money because they're the ones that have the conviction when they
need it. Right now, as I'm making this commercial Bitcoin's in the 60s, guys, think about this
for just a moment. If all that happens is Bitcoin gets back to its all-time high, you're looking at
a 100% return on your money statistically from the bottom of a bear to the next all-time high is
less than three years. Where else can you put money and get a 100% return in three years? Now,
I'm not saying it will happen, but I'm saying if history repeats itself, it's very likely. And
that is just going back to its last all-time high, not going to the new all-time high. That said,
if you want to get some Bitcoin, use Stormbreak. They are incredible. They are a bespoke white
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hand, help you acquire Bitcoin at the best price guaranteed anywhere on the internet. With that said,
thank you for watching and let's get back to this episode of The Sat Signal. The other thing you
mentioned on the tour, which I thought was really cool, is how you run the community voting on a
down. Do you want to talk about that quickly? I think that's so cool. Which is one of the biggest
nightmares is that. We're trying to always come up with unique things that make it easier,
just life easier. And having done communities and build communities for a couple of decades,
the center of anxiety is almost always the HOA, the Homeowners Association, especially for the HOA
president. In typical developments, the developer appoints the first president. They can't win,
right? They have so many people to try to satisfy and the people living in the community,
or if you've ever been the HOA president of a condo building or something, you know how much
miserable the job it is. Everybody always thinks you're the bad guy because you can't possibly
please everyone. So we came up with the idea to use a DAO of voting system on a decentralized
autonomous organization. Very similar to Bitcoin blockchains. It's a Bitcoin sidechain.
And we're looking at RootsDoc and a couple other ones out there that are Bitcoin sidechains
that are sort of built for voting. But the idea is not only that, but we're using a quadratic
voting and it sounds complicated, but it's really a simple weighted voting method where
you would get, say, in a year you get 100 sats. So the HOA would give you 100 sats that you get
to vote with and each set represents one vote. So let's say in the Coronado property here at Veritas
Village Coronado, we wanted to build another tennis court or something, or the community said,
look, I'm putting this up for a vote. I want another tennis court. Then the community can vote,
and if you love tennis, you might take your 100 votes, your 100 sats and say, I'm going to vote
with 15 of them. That's fairly heavy waiting, 15 of my 100 votes over the year because I'm passionate
about this. Another guy might say, no, I don't really care about tennis. I'm not either voting or
I'm going to vote against you with one vote or something like that. Or there's other examples
that we use sometimes with roosters. We have lots of hands laying eggs and things like that in
the community, but a lot of people aren't mourning people. They don't like roosters waking them
up in the morning. So it's like, okay, we don't lot roosters in the community. And if you're not a
morning person and you don't like being woken up, then maybe you're going to take 20 votes and say,
no, I'm voting against roosters. So it's just, it's just a very anxiety less way of getting decisions
made. And it's partly because when the decision is made, all you can realize is like, well,
I guess my neighbors didn't agree with me on that one. If I if the vote was went against what I
like, instead of going all that HOA president just doesn't like me and he's making sure I don't
get what I want and that kind of stuff. So at all that anxiety just kind of drains and people go,
oh, hey, on this one, I didn't win, but I'll win the next one or whatever. So it's just,
we're always looking at how to make community more community like. And it's kind of like the
towns of the old used to be where this is everybody got together or you had your village elders and
they were going like, okay, this is how we're going to do things. And it's just takes the hands out
of a out of the developer. We're not a control freak bunch of people. We want everybody in the community
to make decisions because I've found over the years that people make the best decisions
better than one person alone. So it's, I think it's unique. I don't know of any other communities
that are doing that. And we're always trying to break new ground with that kind of stuff.
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I think that's fantastic and tell us a bit about the company structure. You said it's a public
company now isn't it? It's a publicly-tried it. And I just want to access capital. We're
public in the US on a public market and the stock symbol is AUTR. Company name is Otris AUTRIS.
You can go in there any time onto any broker basically and buy shares.
Yeah, I don't honestly really like being a public company because there's a lot of reporting
and nonsense that we have to do and all sorts of financial stuff and reporting and everything.
But you know what kind of wanted to sort of use the system against them and it can be in our
benefit. It's like all right you have this publicly public market system but you don't really
make up you know a very Austrian economics type of market which we would prefer but we will
use your system and it allows people to be more liquid and you know obviously that brings in more
more investors because they can trade at any time and if they want they can sell some shares and
for us it helps because we can raise a lot more funds to go and buy more properties and make
more communities and and we you know we've had recent placements in Bitcoin as well so people
can invest in Bitcoin directly with us and borrow on the public market and in US dollars and
on the US stock exchange. So that's interesting so you can invest with Bitcoin as well.
Yeah, I mean we're always happy to get more Bitcoin. It might be volatile but it's only
going to go up over time. It's cap printed. What did we just hit recently the 20 millionth Bitcoin?
I saw a video this morning saying that we only have now 5% of the supply left over 114 years I
think it is before the last Bitcoin is mined and the young lady who made the video said that
if you project forward the expansion of US dollars versus the expansion of Bitcoin over
114 years in 114 years Bitcoin will grow by 5% and the US dollar will grow by 135,000%
something like that. Well, and that is probably conservative considering the amount of printing
that it was on. Exactly, but predict what the government's going to do. That's just based on
the long term history of what they've done, pretending to fall at 114 years. You know reading
somewhere I think since 2019 or some roughly around there, I don't quote me on this but it was
like we printed the US has printed more since then than before then in time. So yeah, it's just
kind of an exponential printing going on and so is it. I mean the only way that Fiat can go down
relative to Bitcoin is it is down. I mean I try very hard to tell people use Bitcoin as currency
don't just hoddle it because you know it'll be a dollar it much faster that way. And don't think
in US dollars or Australian dollars or Canadian dollars or French francs or euros or whatever
think in Bitcoin. What can I buy today? I bought a condo not too long ago that
that I when I bought the Bitcoin this particular Bitcoin that it was 13,000 dollars or something
that I bought Bitcoin at and I bought this condo for two Bitcoin and so in my mind that condo cost
be 26,000 dollars when it's actually worth it instead of playing more than that right so if you
start thinking Bitcoin what's your buying power but I'm telling you about a car that I bought it
it was one Bitcoin and it's like yeah you know but if you think in US dollars it's like you're
constantly losing buying power or any any Fiat right so yeah. I was thinking about this this
morning as we head into a world that I think more and more people are going to adopt Bitcoin
is that you know if you think about it if you know if you just put away what it costs you to live
for a year let's say it costs you a hundred thousand dollars to live for a year if you can put
away a hundred thousand dollars and leave it for four years and then in four years time you just
literally start spending it each year and recycling it you'll basically always be spending it
that's something that's worth more than what you paid for it four years ago you just
got to take that four-year volatility lag out and then you can live for a man on you know Bitcoin
positive no matter what Fiat does world you know and it's interesting I think if you yeah exactly
if you put up one and a half Bitcoin away roughly today and waited four years you probably do
pretty well correct and that's roughly what we're talking about at today's price of 70,000
it's it's really interesting probably I just what affected me so much about visiting you is just
seeing you know real commercial enterprise you know a hundred homes being built is a real business
and that's only one of a number of communities that you build and you're a public company you know in
the system you know but you're kind of what your building is like the antithesis of everything
that that system represents it's it's in you know it may be a not a perfect example but it's
that's how I view what sailor is doing with you know his vehicles to convert Fiat at scale just
into Bitcoin that never gonna solve is just reponizing the system against itself and I can hear
plenty of Jeff Booth coming through in the way you speak as well um I saw him this evening the
other day at a conference but yeah no it's easy coming we're we're just kind of doing our thing
walking this path that we really believe in and I'm surprised more people aren't doing it like
everybody you know like yourself and everybody from the different groups that were out this last
week are just like shocked that it's like I didn't I didn't know something like what you guys
are doing exists so to me that's you know rewarding it's nice to know that we're you know we're
kind of putting our money where our mouth is and and practically building I go to a lot of conferences
throughout the year you know I'm on freedom and Bitcoin and you know it seems like three or four
of a month and there's always a lot of talk but there's almost no one doing right so it's you
know we're always not that like you know like we've got two heads or something because you guys
are actually doing this like you have real-life communities and and they're keep getting bigger like
the corn out of one you are at was around a hundred homes so far but it's gonna get bigger and
the one in Costa Rica that we're just opening next month is probably north of 500 homes so you know
and we continue to grow bigger there's just a huge demand around the world for for what we're
doing so it's a good good problem to have I mean I I think I was half expecting tambourines and you
know people sitting around doing drugs or something I'm not sure what I was exactly but they were
like when we went around what was the builder's name was it Jorge de builder yeah Jorge you know
like he was so fastidious about not letting anybody in the homes with gravel on their shoes
I'm like he's a proper builder like he's yeah it's not it's not like when like I'm building a
home in Bali at the moment and it's like you know you guys are considerably higher standard of
build because you've got real you know people there and and it's really like the people there like
the home that we went through that the older couple I think they're in their early 70s what one
block of land with the most air pick views out over the water and I got two properties being built
there yeah they got together home as well and they've actually forgot one home planting while
they're both seeing the water but one pointing the towards the sunrise and one point the towards
the sunset so they've got everything in their views that's I think the one over the mountains that
the guest time I thought it had the even better view that I think all I was saying nobody really
got that until you cleared it to build it and then you're like oh my god and you're watching these
eagles fly and you know you're talking about land here guys that started about 70,000 us that
right and then yeah so I mean I think the home started around 200,000 or so maybe a little under
and then the land at around 70 or so so for under 300,000 dollars you can get a beautiful spot
that's a few minutes away from the beach look overlooking them ocean you know it's it's pretty hard
to compete with you're you're up higher we're in that case we're about 300 meters in elevation
around a thousand feet for people that work and feed and that puts you at a different
kind of temperate zone where we can grow everything the plants love that temperature it's year round
21 to 27 degrees Celsius makes that like low 70s to high 80s kind of all year round so it's warm enough to
to keep your pool warm and enjoy swimming in your pool but it's also cool enough at night that you
know we don't really need air conditioning much once you get used to it and it's just an awesome
climate to live in and that's where we you know it takes us a long time to find the land that we
build on because we're very picky with our long checklist of what we need to get there but
man it's it's beautiful to just it's so relaxing as you saw like it's it's great for people it's
great for animals it's great for plants so it's just kind of the sweet spot and then if you want to
have a city kit and beware pad is sitting there own now it's an hour up the road and you go out to
all the fancy restaurants or buy you're not the people that live there probably want anything that
the city really has to offer but if you just want to go out for a night and you know haven't have
a you know a sophisticated experience of some kind it's just down the road and like I said I
really didn't think it had impact on how I did but one of the biggest things I loved about a
pet was the the community the fact that you got a hundred other people in that community at least
plus probably a bunch of partners and some kids that are all freedom oriented all probably
central right-leaning people who are freedom advocates mostly Bitcoiners and when I meet Bitcoiners
it's it's it's just like this immediate shorthand that they they really understand Bitcoin
they they are generally high moral people you know that that and yeah it's just such an amazing
thing to be able to spend time in that kind of environment and that's the hidden source this is
not just a developer flipping for profit this is this is about actually building community yeah
absolutely I mean the vent diagram overlap between Bitcoiners and and freedom in our communities
is basically a hundred percent and you know if you like one of those you probably like all three
and it's and it's just like you said it it's like a breath of fresh air like a sigh of relief
when you're sitting there with a bunch of people and like I said having a glass of wine watching
the sunset over the ocean or whatever it's it's so relaxing to know that you can basically say
what you want and people you're having fun with people and you don't have to check oh I bet because
I shouldn't say that or whatever it's just live and let live kind of mentality and that's one
of the reasons we kind of chose you know Latin American culture as an area I mean we we we
lucked out right we have this beautiful land around us we have amazing people with very family-oriented
people in Latin America and you know just the perfect climate tons of sunlight were near the
equator so all our solar systems are just producing massive amounts of power and and everything
just clicks in this area and then you know you especially in Panama here the Panama airport
there's a cup three of four of them actually international reports but the you know you're close
enough that you can fly anywhere in the world you know and you know it's in Europe last month and
Argentina last week and they'll celebrate yesterday and so it's just bang bang bang it's like
direct flights everywhere and now I'm flying to Paris tomorrow night and you know it's it's
phenomenal like the flights of direct and I have this little test pat which I say the six-hour zone
when I'm looking at a place to settle longer term and the reason I say six hours because at age 52
I don't want to catch red eye flight so I'll be up too early in the morning but if I can get on a
plane at 10 a.m it means I can get up at a decent hour go to the airport be on a 10 o'clock flight
by four o'clock I'm landed and I can be in the hotel and have dinner and relax by four by five
or six so what can you get to in a six-hour flight from Panama and it's like remarkable you can get
to pretty much all of North America all of South America all over Mexico there's just so many
incredible places that you can have it getaways and experiences if you want to go somewhere with
people that you've just met I was Australians here yesterday who just ducked over to Columbia and
they've never been and they said oh my god it was everything we didn't think it would be it was
safe it was awesome the people were incredible it was like a jungle it was and they've got three kids
three young kids and they just loved it there's so much to explore here and that thing you said about
the culture of freedom I can't echo that enough and it's represented in the fact that you can
pay your public services here in Bitcoin banks give you a Bitcoin account they just tend to just
not be in your business as long as you're not in another family you leave my line it's a freedom
oriented culture and I I just absolutely loved that aspect and I you know I did and I often see
what I had that really showed during COVID too and that was really when it sank in for me like in
Canada the government or the police were arresting pastors in a church right for having a congregation
at the time and but you could go to a hockey game in a massive arena but you couldn't go to the gym
because the gym was unsafe even you couldn't go to an ocean where you know viruses I minored in
genetics and I'm pretty sure viruses don't like UV light or salt water but you couldn't go there
to go to the beach and then down here it was just like they would never come into the community and
go into a church and arrest a pastor it's just not in the concept of like there's just that much
more respect for family and making your own choices and so I mean yeah all the countries down here
as well as around the world we're a little confused when COVID first came out didn't know what to do
with kind of following the who's ideas and but pretty quickly they figured out now they
those guys don't know what they're talking about so it got straight and doing much faster here
the only good thing about all that might is that they're working for you really
doing the siles pitch for you I mean our our our graph was like a hockey stick in a Canadian term
right for interest in what we were doing you know during and after COVID honestly I didn't know
if after COVID that would change right like maybe everybody just settles right down again but
people saw it and they're still seeing it and that every day stuff is coming out you know
that that blogels my mind the countries are doing and and so it's you know we get more people
every day coming to our website or giving us a call just to like help me help me you get out
out of this shit show yeah so the big the big project you're doing is in Costa Rica you said
that 501 yeah that's the next one and then of course you know Salvador and Argentina are likely
to be the next place is possibly beliefs next so they're we tend to keep getting bigger I mean when
we started we didn't know what the demand was going to be like now we don't and we're going to
you know try to expand the existing ones we have as well of course that's always fun because as soon
as you put in a community that's super popular all the land around you goes way up and value to
serve note to sell we're buying the land around us next time to before we announce that it's
another very trustworthy that's smart I mean that's that's great and I think Costa Rica is going to
be really interesting because for the Aussies listening to this Costa Rica is basically on the door
step of the US the same as Panama at a beautiful environment there and imagine being in a community
with 500 other Bitcoin as in freedom maximalists yeah where you can spend money in Bitcoin all day long
and and talk with people that are normal and it's in our community is in a tennis uh basically
Athens in Spanish and uh it got the the great label of uh national geographic rated at the
best climate in the world so wow that's that that helps with the marketing too right so
we got the last large tract of land in a tennis it was a big farm and you know it's such a popular
spot for expats that we're very lucky to to get that through some contacts we had but
I suspect that's going to be extremely popular too that's Costa Rica is a beautiful country
this last election they kind of went a little more right right way now too so they're
capitalist and they you know they started seeing that they're they were trending a few years ago
a little bit more socialist and that people woke up as well and I went no we're not we're not doing
that we've been there before that's the whole the story actually of almost all of Latin America it's
leans a lot more central right I saw a heat map a few weeks ago I should have kept and and and saved
but it was showing 20 or 30 years ago how many of the countries in this region were socialist
and and how many countries in Europe and North America and the two countries there that are
capitalists and how much they've switched this area has become very capitalist and it was just
the blue versus red now you know Faroo Chile obviously Ecuador for anybody that's follows
in the Boa the president there El Salvador with Pucayli has been a rock star it just went from
the worst of the least safe country in the world to the safest one in all the Americas now
Argentino if Milay is great he's got Libertarian president there they're all switching to
something they've gone like I've seen the socialist nonsense before and we're not doing that again
so it's a great time to be a lot America too for freedom it's why you can get banks like we're
talking about that have a Bitcoin account right inside your you know in your online login
beside your US dollar you can swap back and forth socialist country would never what you do that
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in a way it's no it's socialist country I mean I see it I saw a news article yesterday in
Australia you know they're just so soft on crime now they're taking all the guns off everybody
in Australia two decades ago and now nobody has them and whereas that's not the case here but
in Australia so a story yesterday this guy got arrested and and pled guilty to having 35,000
images of child exploitation any any any got out with just a warning no jail time no nothing
and in Australia people go oh I'm safe I'm you know look at Dubai with the bombs dropping I'm like
dude how safe are you when they're letting off people who literally admit to having 35,000
images of child abuse you know like how safe is your community really it's not safe at all
whereas you know in these other countries like here there's no tolerance for that sort of stuff
yeah they're still on it for the most part the woke nonsense hasn't really hit in
Latin America they're very family oriented so they just would never let that happen in Canada
similar well unfortunately lesser not child abuse but a guy I think I'll call him a guy I'm
probably gonna get in trouble if I was calling him a guy in Canada but here I here I can call him
what he is a guy went on to a haircut in like a hair cutting place salon website to to make
an appointment and they only had in the drop-down list they only had male or female as what he was
and he sued them and won in Canada for not having whatever his gender you know one of the 72
genders or whatever that he chose and it was it's just like if you're setting such a ridiculous
precedent and I mean I'm all for you know well property rights are an important thing in Canada
right now there's a city of cam loops in British Columbia that just was claimed by indigenous
groups that you know the government's kind of siding with them it's like you could lose all your
titles to your property in a city because people claim to be there first all right so it's like
what about the people before them do they get to want them out or what about well they were old
tribal right so one tribe beat they old tribe out and that's then that's how it's always been
long before that I kind of long you say you know I have got a thing on softness if you can't rely
on your property ownership title then what can you rely on right if the country's going to turn
it's back on that so it's gone off the edge it's happening in New Zealand same thing and we saw
Billy Eilish at the award you probably didn't say especially but you know she got up and said it's
all stolen land and then the next day a law firm in LA offered the fund law suited guys to 12
million dollar mansion which is on stolen land according to herself I just wish that stuff would
stay in the in the media longer right like I'd help fund it like let's just keep reminding Billy
Eilish that you said that you don't know on your lap like Rathab because like you want to do a
protest how will we protest on her driveway because yeah I haven't given back and we'll let
we'll let the refugees take it anyway but it's been a pleasure talking to you Matt I really love
what you guys are doing and if any of you guys out there listening want to learn more there's a
link underneath this video you can make a time to talk to one of the team and about any of the
villages you can jump on a plane for a few thousand dollars and go and see it honestly it it made
such a difference when Tony at the Bitcoin way loaded all of us on buses and took us out there
because it just opened our eyes to like wow there are reasonable logical business people running
these communities building these communities and doing good in the world it's it's so powerful
because I can't encourage you I'm not if you're tired of the white bullshit you're tired of the
cost of living and you want to be around good people in a great place we can be free maybe this
is something you should look at the place you have in all it is we're one of kind of you know point
that out we're we're not a cult we're not weird we're just we're not conspiracy theorists although
conspiracy theorists often get proven to be right shortly after the conspiracy is there any such
thing anymore mate they really just know all people are right yeah but but I think you know we're
just tired of mainstream media we're tired of the world nonsense we're tired of the far left
stuff and and you know it just just normal people wanting to hang out together live in a community
where it's as little cost as possible and have a great life and we're just creating one of those
communities after another and hopefully I always say I think there's maybe two to five percent of
the people in the world that are awake to see that like maybe not certainly not woke but awake
enough to see that and if that's the case then that's still a lot of people in the world didn't
to have his friends oh 100 percent matter I hope some of our community reach out to you guys and talk
to your team I look forward to seeing what else you're doing and I'll probably swing by one of your
other projects when I'm in any of those places just because I'm so fascinated by what you're doing
and next time I'll take a camera and we'll we'll do some chatting on site so I appreciate it thanks
for making the time man I'll I'll see you very soon thanks I want to appreciate it I hope you
enjoyed that episode of the SAT signal on Unemployable now before you go make sure you check out the
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