2024-01-26 –, Btrust Stage
This talk aims to introduce the concept of FreePrivateCities (FPCs) and the far-reaching synergies with Bitcoin and Bitcoin projects to bring about a future of liberty. The talk will also expand on the current developments in establishing FPCs and the implications for Bitcoin adoption. FPCs are established within a host-nation and has extensive legal and regulatory autonomy. It is a legally recognized jurisdiction and can therefore offer substantial protection to many endeavours furthering the cause of liberty, that might be unwelcome in authoritarian states. BTC and FPCs share the same core values. BTC’s eloquently solved governance is a great example for governance in FPCs. FPCs can accelerate transitions towards hard money (BTC adoption). Synergy between financial sovereignty and localized, autonomous and contractual governance is the next frontier for individual liberty.
Focus is specifically on the model of Free Private Cities as developed by dr. Titus Gebel: Special Administrative Zones that have the specific feature of being operated by a private company to maximise profits by satisfying resident-consumer wants. The governance itself is by a for profit corporation that has extensive legal and regulatory autonomy (negotiated with the host-nation) to direct the nature and interaction of the city, both internal and external.
Profit is the proof that society’s most urgent needs are served. This mechanism directs the allocation of resources to the wants and needs of society. Private money, of which BTC is superior, is key to this.
Freedom is something that you build
The core principle would be voluntary participation. A legal framework is developed to keep people accountable for their voluntary commitments in order to protect property rights of others.
This decentralization is inevitable and eventually networks of FPCs will form into leagues. This will include more abstract communities/fraternities/societies established with no geographical constraints but actualised by the jurisdictions afforded by different FPCs.
In a FPC, fractional reserve banking will be seen as fraudulent, favouring private money like BTC which:
Reduce negative effects of the business cycle
Gives access to monetary network without censorship
Reduce unbanked population
Offers a permissionless monetary network allowing FPCs to trade globally.
Reduce the unbanked population.
Other implications/features of a city/society built on sound money, property rights and voluntary commitments:
Superior price discovery
Individual freedoms
Stronger superorganisms of institutions, fraternities, societies
Beauty
Better architecture, urbanism and quality of life.
Marthinus Grobler is a South African architect with a particular interest in economics and dedicated to advancing liberty.
Throughout his career, he has worked on and investigated many disciplines of the design scale and is mostly concerned with the networks of the city and its manifestations in urban form and culture.
Together with various groups, he is developing mechanisms allowing neighbourhoods and cities to evolve as a result of voluntary human actions. This is based on studies into the processes of emergent order found in nature’s distributed systems and the principles of Austrian Economics.
He is also campaigning for multiculturalism through political decentralization. He is currently the chief architect for Tipolis, a company establishing free private cities across the world.