Inside The Mysterious Bitcoin City Billionaires Are Pouring Money Into | Insider News
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- เผยแพร่เมื่อ 8 พ.ค. 2024
- Billionaires are pouring money into a private city called Prospera built in Honduras, but the government has no control over it. The city-state runs like a business, with corporate income tax as low as 1%, and all financial transactions can be done using Bitcoin.
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CHAPTERS:
00:00 - Intro
01:08 - How Próspera Works
02:54 - Insider Pristine Bay
03:29 - City Services
04:06 - How They Use Bitcoin
05:42 - The Judicial System
06:26 - Próspera CEO
06:56 - How Próspera Started
08:26 - Inside Crawfish Rock
08:57 - Opposition To Próspera
10:54 - Those Who Favor It
11:42 - Roatan's Economy
12:55 - Hurdles For Próspera
13:35 - Próspera Expansion Plans
13:58 - Honduran Sentiment
14:57 - Credits
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#crypto #bitcoin #honduras #insidernews
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Inside The Mysterious Private Crypto City Billionaires Are Pouring Money Into | Insider News
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
Trading in Bitcoin now is the wisest thing to do now especially beginner....
Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.
Trading without professional guide...Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders
Honestly I really need help learning to trade. Seeing my portfolio low makes me very sad.
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach her i really need help in this bear market now?
These elites in tandem with the corrupt government will take this country to it's knees like the fall of Rome, My sympathy goes to anyone approaching retirement, you may have reasonable concerns over your pension and if it'll stretch to cover the rising cost of living, bad regulatory policies, bad energy and insane fiscal policies and all they see is their greed and emerald cities
My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for. It's disheartening
one of my major problems with a decentralized system is that governments did not want it. Not that it's was not possible but it was just unlikely, I personally believe the government began to bring the hammer down on Bitcoin, because it attacks their ability to mismanage the currency, now it's a different story.
Well, they say if you can't beat them, join them... there are still a lot ov opportunities to explore,
No doubt being financially free and not having to worry much about health care and other expenses especially after retirement cannot be overemphasized, making smart plans and setting up diversified investment portfolios is quite essential.
Yeah and Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional in order to navigate this recession and achieve potential high yields and taxation.
This is like a documentary on how rich people will get scammed by the premise that you can get richer, quicker in these zones. Can’t wait for the follow up documentary where this becomes a ghost town where the locals are left with nothing but the damage caused by such developments.
Brainrot
Like Chinese super luxury ghost towns
A ghost town of hundreds of shell companies, and 1 RA there representing each one. They don't need to live there if they are only paying 1% cap vs 20%+ cap gains tax, that savings a lone is massive for companies that earn millions, billions+. Now, land that was a REAL scam, is the Palm islands / World Islands in Dubai.
@@ignoreme1141 no, it won't! Because it is surrounded by rebels, drug cartels, criminals, utmost corrupt govts and what not!
They will enjoy till going is good, and one fine day you will hear about ' the Massacre' !😂😂😂😂😂
With little to no service- and health care infrastructure, this seems to be for those, who haven’t thought things through well enough.
Man wants to help end poverty, displaces local poor people.
How did they displace local people when no one was staying in the area. Get your facts straight.
@@dodgechargerrt1873 They displaces local people. Did you hear the local complaints, A bunch of tax dodgers! You need to get your facts straight. And dares to sue the country. They invade Honduras.
well... Looking at it, do you know how much water that place would intake with all the rich people there?
Give it a few decades and water there will be sparse if it wasnt already, and then who will get the worse end of the stick?
Probably not the rich since they can just pay for everything and for their lawns to stay in perfect conditions
Rich man never wanted to help end poverty, there's no intelligent reason to expect that would happen. The process of getting rich necessarily involves the exploitation of people, and sociopathic decision making, and you get personally rewarded the more money you have, and you become punished if you give away/lose money (since your ability to do whatever you want and/or look after yourself diminishes), so money intrinsically makes you a selfish SOB and the more you have the more that's a sign of how sociopathic someone is , so it will NEVER be a force that can lead to helping end poverty, only make it worse.
@@martijn3015
it's an island.
I doubt there is fresh water aplenty.
My expectation for 2024 is that markets starts to broaden out more, with the rates cut i have a couple of questions....can I safely invest $220k in the markets? What should I do differently?
Long term? Stocks! Small-Caps are poised to perform better in the coming year despite Fed actions with rates to make investors worried. you should look into which the Best Small-Caps Stocks to position into.
Accurate asset allocation is crucial right now, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. financial advisory is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly a million ROI
Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular advisor to whom you have used their services?
Credits goes to Marisol Cordova, one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Thanks for the advice. The search for your coach was simple. I investigated her well before using her services.
Remember Bitcoin is not "private"... All transaction are visible to all... The fact that it is 100% visible is the very way it works...
and the SHA-256 is made by NSA....nothing private, they will become slaves soon.
Glad we have Monero
Nor is it true money.
@@CorvetteCarCraft Guess i have a different perspective. Private !== traceable. Block chain by it's very nature can't be, it is at the heart and very core of how it works... Have yo worked at/for any block chain company? Just like my records at a company are private from you... Doesn't mean no one can read them.... Or how many use to think bitcoin was private an anonymous.. Um quick question are you able to claim your currency, hmm not so anonymous after all?
@@dand4485 I'm not much into mental gymnastic but I can convert my monero in the street with an upmarket price. Records are readable but can't be linked to a spender/receiver unless proven otherwise
1750$ per night in Honduras 🤣🤣🤣
or you can rent a tent and catch malaria for $5
@@davidanalyst671meh, it's treatable, and you can take drugs to prevent it. So definitely still cheaper.
nonsens....i live with that money 3 month
You didn’t know there were luxury stays in Honduras or you’re of the belief that nothing in Honduras is worth $1,500 a night?
There are places for $1,500 a night in most countries
did you see how big that mansion was?
Stasum token is by far number 1 for me to accumulate in this cycle.
Scam
Either we are watching the rich escape with tax evasion or somebody is getting scammed in the making.
What's wrong with people defending their private property? Don't you believe in private property rights? It's the moral and natural right of every people on Earth to prevent their wealth from being stolen by their local government. I tax-evade every day, and I love it.
@@andresd3104 That's rich. You're against local government taxing but support local government stealing land from the poor and giving it to the rich. HAHAHAHAHA
Calling taxation theft is like asking for a car to run without gas. Great logic that no city, state, or government operates on. I love your first two strawman arguments.
It's called being strategic, since Bitcoin is not centralized in any country. Why is the government so heavily insistent on taxing something that is not within their jurisdiction?
@@andresd3104 nah that wouldnt be fair. All infrastructure crypto needs to operate - undersea cables, towers-was all built on taxes
Not either, it's both.
"Anybody who has a shady background is probably very dissuaded from opening a business in Próspera [...] You have to disclose the human beings behind the entity", said Erick Brimen, CEO of a company who refused to disclose a list of investors... That sums it all, doesn't it? 🤣
Why should a private company disclose their investors? So that can get attacked personally and ridiculed by radicals? Privacy isn't a joke.
@@chengldaddy Not sure why radicals have to do with my comment lol. I'm just highlighting his own hypocrisy for not disclosing the human beings behind his corporation, while at the same time saying that "disclosing the human beings behind the entity" (his words) would dissuade shady people. At least be consistent with your principles.
@@ffff3cah. Ok. We are talking two different things. Those who are shady and try to start a business, first of all, go through a rigorous internal KYC to assure criminals aren't coming in. If they commit fraud, they can get wiped out. Próspera's knows who they are 100%. However, that is not the same as investors investing capital into Prospera's equity. The "radicals" I'm referring to are the Marxists (for real) who are continuously attacking anyone who likes this project. Incessant. Does that make sense?
@@chengldaddySo you don't look like the criminals you and your employers obviously are.
I just look at the types of people putting in the actual, real work to build the place, salt of the Earth types, versus the do-nothing investors, and that tells me the whole story right there.
One company I regret not investing in is Bitcoin, even after my husband insisted we should. Please Is Bitcoin still a safe buy to outperform the market this year? Because I still kept my money in the money market and with over $200k maturing soon, I plan investing well in it. Ideas please...
You should hire a good market strategist to help you with good entry and exit points. A CFP maybe! You dont want to throw away a lump sum like that do ya?
Agreed, I’ve been investing in the money market for 11 years now, last 6 years with the help of a financial planner apparently due to the covid-19 pandemic crash. Throughout the 6 years of guidance alone, I've been fortunate enough to 10x my return as a DIY investor, summing up nearly $750k roi as of today. Milestone for me.
@georgeh Mind leaving info of your advisor here please?
She's known as a 'Heather Lee Larioni'. One of the finest portfolio managers in the field also widely recognized. Just research the name. You’d find necessary details to work with and set up an appointment.
Thank you for sharing. I just scheduled a phone call with her. She seems proficient considering her résumé.
Suspicion arises when you don't disclose the other members of the board. They must think people are stupid, which sadly a lot are.
lol this isnt a public company, its not even in the US so I don't understand where you're getting your standards from lmao, they can tell you what they want, its private.
Why do we care unless buying there.
FTX don't even have a board
They don't want to disclose them because people are brainwashed with a Socialist Ideology and they will research the board members and see they are worth $Millions of Dollars (as if that means anything in the Western World) and cry foul (want free money and socialist handouts).
I totally agree this is fraud.
Prospera is a "Special Economic Zone" not really a 'Bitcoin City'
whaty exactly do you mean by 'Bitcoin city'? A city that lets you use Bitcoin for every financial transaction. It's a Bitcoin city.
It’s called an expression
@@hawkervonrubin You Bitcoin cut members are really annoying lol
@@ronnymcdonald2543 You non bitcoin cult members are also annoying haha
@@ronnymcdonald2543bruh they really are a cult. Money that is unregulated by government and cannot be controlled or seized. You know how dangerous that is😂😂😂
looks just like a big pile of cash being laundered 🤣
You got that right
Strange comment. Prospera is US corporation subject to US financial regulations, KYC, etc. Maybe do a little more homework, brother. No need to make up a story like that.
@@chengldaddy well thats the point of laundering money right you use legitimate business 🤣
Sure, that's how laundering works (layering, etc). But why do you jump to that conclusion just cuz it's on a beautiful island?
@@chengldaddy 'Do you jump to that conclusion just cuz it's on a beautiful island?' Nope, the sentence : 'Prospera is registered in Delaware' does.
This cycle's catalyst will be Stasum token and Stasum token will be at the forefront. Mark my words
I am from Honduras and am a supporter of Prospera. Having immersed myself in the crypto space for several years, I've recently gained significant insights into Longevity and AI in a pop-up city within Prospera's jurisdiction called Vitalia. It's the sole location in Honduras where I've encountered like-minded individuals. I am optimistic that this will evolve into the Hong Kong of Latin America.
Sounds very fishy
Fishy how?
When something is too "good to be true" theres always a lurk, hey its South America not Miami or in the Keys, Florida US of A!
And not just because they're next to the Sea! 😂
Freedom sounds fishy to lifelong slaves
Latest Ponzi scheme- last man loses all!
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time . I was able to build a business from my returns 💚
Congratulations, do you mind sharing how you did it...
I'm a beginner, looking forward to starting trades,any idea will be widely appreciated.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I've come across this name before, is he really reliable?
I started working with Alex back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
The same thing is happening in Barbuda. If you fail to know your history, you're bound to repeat it. If you notice they use the word poverty when our people live life free of the land is RICH. Paper money is the greatest trick of mankind
Amen to that..🙏
Preach, brother, preach
It’s not paper money…
Thank you for your videos mate.. The market is very unstable and you can not tell If it's going bearish or bullish. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.When these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. But all thanks to Whitney Eston. for her amazing skills for helping me to earn 11.6 Btc through trading chart. I believe we are in the spring phase..
She's often interacts on Telegrams, using the user-name.
@WhitneyEston
Whitney's training program has been insightful, and I'm honored to benefit from her daily trade signaIs.
expertise is truly commendable. She has this knack for making complex crypto concepts easy to understand.
Profitable trading requires experience, a solid strategy, and preparation, which we lack. Understanding buy/sell ratios, identifying market leaders, and diversifying are key to reducing risk.
Clearly these people are terrified about rising sea levels.
That is why they invested on a remote island right on the water's edge.
"these" types will let places like Hawaii burn so they can build new avenues of profit while displacing locals who are actually worried about the destabilized environment and the loss of their ways of life... but. Yah. When you have the cash to insulate yourself, that's what some people want.
Big brain move.
It's actually the launch point for Noah's Ark 2.0, they're in the process of building it.
@@newolde1 Floating cities and arks ain't gunna save them.
@@hunnybunnysheavymetalmusic6542 bruh how can you say that, it's literally foretold in the New New Testament of the Bible. You really gonna go against God?
The introduction of a Bitcoin ETF marks a groundbreaking moment in the cryptocurrency world, merging digital currencies with traditional investment methods. This innovation could stabilize Bitcoin prices and broaden its appeal to a wider range of investors, potentially increasing demand and value. At the heart of this evolution is Sarah Jennie Davis, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH... Stock)
How please I'm pretty new and feel I have much to learn, I would appreciate if you show me how to go about it?
She is really a good investment advisor. I was privileged to attend some of her seminars. That is how I started my crypto investment
I have heard about her excellent trading expertise in CNBC news, guess she's more popular in United States
YES!!! That's exactly her name (Sarah Jennie Davis) so many people have
recommended highly about her and am just starting with her from Brisbane Australia
It is strange. Why not work with El Salvador? Honduras is not so bitcoin friendly.
First of all, because colonization is bad. Do you really need more reasons after that?
Próspera's new rule allows Bitcoin as a unit of account. First jurisdiction in the world before El Salvador. With a dictator (like in El Salvador) once Bukkele needs to step down, things can revert without the legal changes like what Honduran Constitution has in place. Much better for long term prospects.
@@chengldaddy If all countries in Latin America would have a "Dictator" like Bukele, they would find themselves crime-free and prosperous! It's the dream of the majority of the people...
@@1maybelineI agree that Bukkele has been great for El Salvador, thus far, despite his clear violation of due process and civil liberties. What happens when he is no longer in power and the bad guys regain power? No laws and actions by a dictator, made without congress through separation of powers, will stand the test of time. Anyway, that's why Prospera is better for the long run... It's rule of law, and a voluntary relationship, not rule by king.
@@1maybeline Cheng is a muppet conveniently omitting everything south of the US border has cheaper labor rates than China but the corruption is soo bad it's more expensive to operate. Compounded by the fact cartels are robbing those cargo trains of US destined goods.
The tactics used against Bukele reminds me how they attacked Philippines President Duterte against his "extra-judicial un alivings" conveniently omitting it was a shabu (crystal meth) trap house. Obama and media portrayed as simple casual recreational substance abuse as if it were weed. Nah bruh, while I encourage and support decriminalization of drugs.. I'm willing to admit the strongest form of a substances primary desired effect should be illegal as it's soo potent it has or can un alive people innocently as a simple sneezing on a fentanyl pile un aliving the person directly in the path or some innocent child crawling across the trace amounts of fentanyl on the ground.
My logic and closest example off top of my head is beer and liquor being legal.. but moonshine, is it really necessary? All have the same potential outcome but the context for consideration being risk amount if child sips it in a moment of yourself distracted for even a mere 5 seconds. With the stronger proofs some jurisdictions making them illegal it artificially drives up prices as it's pushed to the black market. Inversely, drives demand up for lower proofs / beers as they build up enough production capacity to further drive down costs due to economies of scale.
I am an entrepreneur live in this place with my wife - it's a fantastic place full of very innovative people, many local and mainland Hondurans (I employ 5 Hondurans in my business out of 10 people).
It's a myth that this is a city for the rich, it would be more accurate to say it's a city for upstarts. Yes, these tend to be more highly educated than average - but they're not rich.
Of course it has some investors, but these aren't the big names often mentioned, and the people on the ground are hard-working entrepreneurs, lawyers, service workers etc.
It's part of the deal that we get such negative reactions like in these comments, but visitors tend to be surprised when they experience this here in person.
To those negative commentors: I would appreciate open-mindedness, we're onto building something important and impactful here. If we don't do a good job, this won't hurt you or anyone else.
did not expect to see the ubiquitous insider voiceover/narrator woman as a live reporter lol
11:34 "They are not high paying jobs...". I'm pretty sure these workers could get paid like USA citizens, or at least half of that. Yet we all know they are paying them the absolute minimum they can get away with.
The same when you go on vacation, you pay the less as you can
@@Al-yu6bq Yeah no, I'm not an ultrarich guy buying huge plots of land on an island when I'm on vacation.
What are the best additions to a $500k portfolio to boost performance?. ETH is Up and will do better, I believe as indicators for profits continue to improve, investors like me believe that “Santa has come early” to the markets
I think you're better off with majority investment in bitcoin and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire
wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisor please, if you don’t mind me asking? in dire need of asset allocation
(Rosa Barnard Investment Advisor) is the licensed advisor I use. Just copy everything in the bracket and research. You'd find necessary details to work with to set up an appointment
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals.
Why spend Bitcoin on a cup a coffee? Seems dumb. That cup of coffee worth of Bitcoin will rise in value.
thats why i pay for coffee with dollars here in the USA. because the value of the dollar is worthless as congress keeps passing budgets
US $4 in Hondurian pesos $8000000 imagine what a banana would cost in Bitcoin?
Trust me, no one is paying for coffee with bitcoin. That payment machine is there just for show.
Bingo. That's exactly why bitcoin cannot be a currency. It's deflationary, no one will spend it, and the economy will fail thereafter. It only has value based on the fiat system, but once on/off ramps are closed there's no reason to have bitcoin.
@@jayflaggs You have to spend it to live if you 100% into bitcoin.
With little to no service- and health care infrastructure, this seems to be for those grasshoppers, who haven’t thought things through well enough.
Roatan has all of those things what are you talking about?
Clearly there is not yet enough investment or tax base. That will take decades.
Billionaires don't live like everyone else. They buy their service and healthcare infrastructure. So after their failed trips to space where they realized they can't live there yet, now the billionaires are colonizing Honduras with a corporate-owned private city that operates only on bitcoin. Nothing to see here folks, I'm sure there's not a reason for this or anything (ahem- controlled demolition of the economy?). Maybe they all just like each other a lot and wanna hang out together more. Either way, don't feel sorry for them and their "infrastructure."
If you’re wealthy it doesn’t matter. You can have your own doctors living on site. Same as butlers, maids and your own private baristas.
@@matthewcastillo9951 - If you're wealthy enough, you could bring all those people with you to live there. But as the "documentary" stated, no one lives there. These are investment properties no different than anywhere else.
I got to start over financially at age 43, I'm in 90% stocks now and 10% exchange-traded REITs. Honestly, I'm fine with it. At retirement I plan to switch over to all dividend stocks and just live off the income, not caring a whit about what the day-to-day prices in the market are.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’BRITTNEY COHEN ROSE ” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Britney Cohen Rose, out reach worldwide on the internet With her name first on the internet.
@Jessrobbie She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
who asked you about this cool story?
these comments are fake engagement bots.
Elysium.
Nobody is taking action about the income gap.
We are hooked on our smartphones, earning less and less and being poorer and poorer.
Corrupt governments are more to blame than businesses.
It's really unfortunate that corrupt politicians and corrupt businessmen work together in crony agreements. But since gov't is supposed to be responsible to the people, and they have a monopoly on the legal use force, they are at the root of the problem.
@@dustinabc sort of, but remember that large corporations have lobbyists that manipulate policies in their favor, and so they artificially manipulate the market, which puts smaller competing businesses at a disadvantage. when those go out of business, it gets easier for the big corporations to grow, especially with more lobbying, and harder for smaller companies to compete. with these manipulations, the biggest shareholders (often the founders) are able to get insanely wealthy. they're able to effectively kill all serious competition, and in that environment of anti-small business, most people's only option is to work at companies rather than starting their own. this cycle creates an ever-increasing income gap, especially as the federal reserve keeps printing more money.
@@dustinabc are you really that naive?
Still doesn't beat the Bali lifestyle: $500 per month beach resort, low crime, rich culture, delicious food & Labuan tax haven.
How 500 a month?
yea, and the new law where you can not have sex without marriage... no thanks
In the future: Breaking News Roatan island becomes the 15th overseas territory of the United States after declaring independence from Honduras
everyone with any foresight is trying to get out of the US. Those that have set up in Roatan want less US intervention not more. My guess is that there will be an influx of money to get more right leaning leaders that can understand how US expat money inflows can benefit all of Honduras and get them elected to set up laws that will favor such inflows. I also think that Honduras needs to go hard on expanding it's relationship with Mexico given it's proximity. Mexico is now the US' #1 global trading partner. With all of the current re-shoring out of China equating to huge gains for Mexico, Honduras can benefit from overflow and the creation of parasitic support businesses. If played correctly, the future COULD be wildly bright for Honduras. Not just Roatan.
Watching the crypto market's ups and downs shows how quickly things can change. The recent misinformation incident reminds us that external factors can shake things up. In crypto, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. Stay alert, diversify, and let's ride this unpredictable market together. At the core is He is Craig Reeder in TE L E G R AM.., whose deep understanding of crypto and traditional trading is key. His all-encompassing investment approach and staying updated on trends make him a valuable ally in this crypto era.
His program of expertise is all over the internet Craig Reeder
The market's top signal provider. Highly knowledgeable and level-headed
Spot-on, I would always rate his signals as one of the best ever used 100% accurate.
Well this is not my first time of seeing his name on social platform. I think he's extremely brilliant and lucrative at the same time.
Wow. I'm a bit perplexed seeing Craig Reeder been mentioned here also. Didn’t know he has been good to so many people too, this is wonderful
Imagine someone moving to YOUR homeland that you've been at for generations - taking over your land - and making new laws for you to abide by. Wild point of view.
Sounds like America, the Europeans have been there for generations but immigrants have been flooding in by the millions and they end up making new laws for the locals to abide by. Obama wasn't born in America.
In fact, a lot of western countries are like this. Look at the Muslims in England, they are destroying the place with their draconian muslim laws and no go zones etc and the Indian population is exploding over there to the point of having an Indian Priminister!
I think I would prefer wealthy whites in my neighbourhood than backward racist muslims, racist violent blacks and Indians etc.
That black woman better get with the times and thank her lucky stars it isn't a Mosque being erected!
Prospera isn't forcing anyone to do anything. They ARE making new laws (way better than the corrupt system that is there) and owners can opt-in voluntarily. There's no force here.
$260/yr for Hondurans to $1300/yr for foreigners might sound like Honduran get the better deal, but this is in fact, not the case. The locals are rightfully concerned but who knows, it might not be all that bad.
This comment is strange. How are the locals not better with more job opportunities. There was no opportunity before. What would be so concerning to the locals btw? What's the downside exactly?
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal broker and also a personal broker in many families in United States, she's a licensed broker and a FINRA AGENT in United states
You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Private cities will be the new development approach for most cities and countries around the world. We should all get used to it.
Like the Mennonites, Amish etc. Anyone can set up a Private Society in North America
Govt overreach without representation is why this is happening except it's not just 1776 in the USA it's happening everywhere stay aware and get ready for CBDCs.
They popping up all over the world, I think it's a good thing. Some countries have very backward laws and these private cities will allow for citizens in those countries to live a good life without having to go abroad
Yes, it is the future and we shall embrace it as governments keep printing money and people get tired of taxes.
My investments in stocks and crypto aren't meeting my expectations. Do you have any suggestions for the most profitable strategy and who I can reach out to?
Staying current with market updates and keeping up with news sources like CNBC could help out a bit
Just buy when prices are low and sell when prices rise
Until now, seeking advice from a financial advisor or a skilled trader has proven to be the smartest choice if you're not familiar with the market. Their expertise has greatly boosted the success of my investments over the years.
Yeah, that's right! JodyNorman is always on the top of my list. We need more folks like her in the digital investment scene, mate."
The likes of Mrs Norman are the secret of most crypto influencers flaunting their luxurious lifestyles, yet they don’t mention or talk about it to the public🤷🏻♂️
privacy and competitiveness. 🤐💰
This is cheaper than building a bunker when doomsday comes
Except the natives will eat you on doomsday.
@@cephalopodx7587 держи оружие при себе и ты съешь их
Without countries to back you, your money likely won't help you much when 'dealing' with the locals.
😂 BETTER BE GOOD TO THE LOCALS OR GET DISAPEARRED
@@cephalopodx7587 the natives are self sufficient. They're not cannibals .
looks boring. i prefer dirty and poor berlin. or brooklyn.
yup
Agreed.
Couldn’t be me
Thousands of Hondurans get legal visas for USA and other parts of the world each week, so why do local people give push back the minute a few Westerners try to immigrate to their location?
Rules for thee but not for me! basically.
Because they come here, work, pay taxes and add to the American Economy. The wealthy assholes go to a nation we destabilized already and then abuse their tax code and populace with crime and corruption.
1:40 I've watched documentary about this place like 8 years ago, and the "Duno (?) Residence" tower looked absolutely the same as it looks now: an abandoned construction site
Strange comment. Prospera launched in early 2020. Duna Residences didn't even exist. Facts please.
Personally I work for Prospera here on roatan Island born and raised it is very important to understand the ideas the people from crawfishrock have more than half agree with it it is just two ladies that are trying to make things seem like what they are not they are uneducated and assume things the benefit is much greater take that into mind please,,,,, also try and look for local island news on the situation to get a broader view ❤
this is your chance to make a youtube channel and show us
@@davidanalyst671just go visit like I did.
There are actually many BTC'rs who want to move there, they are just waiting for their transactions to clear.
How is their way of life at risk? Prospera has done literally nothing to them. The supposed "hostile" action she claims is that... they weren't allowed to trespass on Prospera's private property? How is that a "hostile action"? Why does she need to "organize" against them?
Compare that to the enterprising young woman who engaged with them and was able to set up a successful business and create jobs for other residents.
What you say is the point … why are they there ? This is the way of colonizers … and genocide… ask the indigenous population of the Americas … oh you can’t they are dead … read open veins of America…. This is an old story dressed up ⬆️
The fact that the goods are priced in $ even in Bitcoin city tells it all. // Below this comment the owner of the place gave actually a valid answer
Right, nobody wants to spend their bitcoin!
Really, it "tells it all"? So what's this "all" I'm missing then? What is it telling you, that it's not telling me?
@@alansmith5267 That it's not a currency. That's what he means. Else, everything would be denominated in btc.
@@alansmith5267That Bitcoin is a sham. It's not priced in Bitcoins, and no doubt somebody is making money on the conversion just like any other transaction. Which further goes to prove that the only thing special about Bitcoin is that they billionaires say it's special while they sucker you into buying in.
Pricing things in bitcoin makes no sense because bitcoin price keeps going up😊
People always complain about rich people buyi there homes. Yet they sell there homes
Shady guy says we check out for shady guys 😂😂
How are the people making rules from other countries? That’s wild…
The entity is Honduran and under their Honduran Constitution. Not from other countries. Yes, their CEO is from Venezuela but if it wasn't better than Honduran civil code, no one would come. It's an innovation and stands to lift Hondurans out of poverty.
Thousands of bitcoin have been seized by the IRS and US Government. The US Government has auctioned off Bitcoin. Business Insider I expect better.
Not to mention the many crypto scammers out there who have stolen bitcoin since shockingly many of the people interested in crypto aren't entirely on the up-and-up. Also strange to me that they uncritically accepted the cryptobro narrative that crypto = freedom. Crypto can be manipulated easier than most currency since there is no central bank and limited regulation (and you're an idiot if you don't think regulation is coming on crypto). Its value fluctuates wildly even in coins that aren't actual ponzi schemes, which means it's more suitable for an investment than in regular financial transactions, which hinders further adoption. And it lacks the protection of conventional bank accounts. It's just riskier and more complicated in nearly every aspect, so most people will not use it until it becomes safer. Crypto as it is will only going to function as a currency if it's more stable/less inflated than fiat (which is why you see it pop up in places like Venezuela) or if the purpose of using it is to evade law enforcement. Crypto may be going back up now, but they're trying to build a whole ass society on something that may just never pan out. It's a beautiful island, but it's telling to me that crypto enthusiasts tend to focus on private islands to make their crypto paradises rather than actually trying for mainstream adoption, which would get more eyes on their business.
The locals can sell the surplus organic food they grow to prospera
Why are there subtitles for the natives, who are mostly quite easy to understand, and not for the presenter who has just as thick an accent if not more so?
Yea, this is called blind bias, sort of like segregation, lots of double standards in this video and the place too.
Not everyone can understand their accents and you can probably turn the subtitles off.
As an honduran i agree investment, many locals desagree due to ignorance.
Buddy with Kingdom Heart T-Shirt on an island at that just how the game starts ... nostalgia
City Mayor has 3 committee members that he cannot disclose. The City has an online court whose panelists are of mixed Nationalities. Its also Guarded by a private security company? What is the Honduran Government smoking? 🤣🤣🤣🤣🤣🤣🤣
they're not afraid some gangsters with guns show up?
Probably has the local government in their pockets with all the $$$$ they are spending (or corruption)
They are part of the gang. Corruption, tax evasion, money laundering and drugs
Oh Please, you think these Billionaires don't have private armies. You are living in Disney Land.
@@dodgechargerrt1873 Oh, please. You are the one living in tax dodging shady world. I am sure there is always security weakness somewhere if they want to go after you.
They might have private security but even those are not a match for some gang
A studio is 80k? That's sooo cheap. Can't find a studio here in S.F. under 7 figures..
that's expensive considering it's in a relatively poor country
It's Honduras ffs
I wouldn't pay any figures for anything in SF. The place has been wrecked just like all cities in the US.
@@robmcguckin7605 - All Democrat Run cities. But the U.S. as a whole has been destroyed (primarily/ almost exclusively due to Corrupt Democrat Politicians taking bribes from those trying to destroy the Middle Class and all Western Nations with Corrupt Socialist Politics and Policies.
@@robmcguckin7605 You mean cities in the US ran by the Democrat party. These are the ones that are being destroyed. They are letting the criminals do as they wish to the law avoiding citizens. The police doesn't even want to get involved.
The question is where the food, energy and internet comes from. If any get cut off prospera turns into Port-Au - Prince.
Answers: food comes the way all islands handle food. Energy: there's an energy utility on the island. And they are building their own energy sources. Internet: Elon musk's solution. All good... This isnt some remote nation trying to gain sovereignty! It's Honduran jobs engine.
And when the rich won't have their way because the locals revolt and realize this isn't in their interest... The rich will call upon the military of whatever country they're from to the shores of Honduras. It's is an old tale and before it was Panama, Haiti, Dominican Republic, Hawaii, etc...
Such a beautiful place
And lots of scammy ppl
@@ZM-kulashiand lots of $$$💰💸💵💶💷💴💲🪙💳
It is a private residence area2, so why should they not have security in place? The locals should be happy that jobs will be created and the local children will have a better chance of education and maybe growing more professionally (instead of just country people that never travel the world).
Far, more better, securier than (previously infamous)... Cayman Island.!?!
You can be taken.., if needed, to any Hospital back in USA, via Helicopter.!! (Air-Courier)
Everything is an experiment.
BTC gives everyone a trustless bank account.
The world needs more variety and choices.
1000 jobs and 6 residents, i think there on track to hire the whole country at that rate
Remember back in Aug - Sept at $25k how it felt like it couldn’t go up but down only right?Now it also feels like it can’t breakdown but up only right? Yes, The market is simply following it’s usual pattern if you are not following Larry Kent Burton then you’re seriously missing out. He’s doing a great job. I managed to grow a nest egg around 140k to a decent 758k in space of a few months, he brings clarity to controversies. He’s a Person who can give you best macro structure of any market
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This island will be under water in the next 10 - 15 years. So let them waste their money. We'll build something better and for all people.
If Bitcoin or Cryptocurrencies are so robust and trustable, then what happens if a hacker steals someone else's Cryptocurrencies? Is the so called Cryptocurrency so robust and trustable???? Why those that has lost cannot put a stop or retrieve the stolen funds?
I think it is still very far away and too much too early hopes on this currency stuff.
bitcoin is not money, it is currency. the two terms are often incorrectly interchanged. BTC does not have all the required characteristics to be called Money, hence it is currency.
That is the same with dollar bills, but we still call it money.
It's not fiat, it's a commodity with very limited inflation.
Bitcoin is becoming money, and not just a currency. BTC does have all the required characteristics to become money.
It's not *yet* money or currency. It's a tech project with high potential payout to investors. It's too volatile *yet* to be money. But, as it gains adoption, the price will continue to skyrocket, and by the time it's a stable currency, those who never adopted until that point will be right where they are today, while those who bought will be changing the world with their investments in new technology. Do you really wanna be left behind? Not even risking a single penny on this? FOMO.
@@chengldaddy it can never be money as money by definition can only be distributed by the treasury.
I hope the locals who score jobs in Prospera use the money wisely.
Registered in Delaware? A disaster waiting to happen.
Anybody that keeps up with the current administration knows to exit Delaware, yesterday!
We can all see what's coming, Crawfish Village will be the first casualty.Even though often the most kind, humble and generous, indigenous people are almost always abused, and history has proven that.
What these Billionaires fail to acknowledge is that someone needs to know how to operate these massive compounds, from the complex infrastructures to simple things like sustainable food, water and clean air supply systems. And let’s not forget, security. What's to prevent their security and service details from gunning them down when SHTF and just taking over the place themselves, once, the very system that enabled them to become Billionaires in the first place is gone?....
there are no billionaires here. billionaires are too attached to the USA politically to do this shtt, other than peter thiel. This place would be more for business owners who can remote into work for contractor work, white collar contracting, software jobs, etc etc.... This is more geared toward millionaires and multi millionaires. The accommodations are too.... poopy for billionaires.
This indeed only works as long as people believe money have value (which is a group delusion). Once food production, water, etc. starts failing due to climate change and ecological overshoot, and people cannot just buy their necessities of life by exchanging them for fancy pieces of paper, the rich are done for. The security would turn against them if it's beneficial.
This indeed only works as long as people believe money have value (which is a group delusion). Once food production, water, etc. starts failing due to ecological overshoot, and people cannot just buy their necessities of life by exchanging them for fancy pieces of paper, the rich are done for. The security would turn against them if it's beneficial.
This indeed only works as long as people believe money have value (which is a group delusion). Once food production, water, etc. starts failing due to climate change and ecological overshoot, and people cannot just buy their necessities of life by exchanging them for fancy pieces of paper, the rich are done for. The security would turn against them if it's beneficial.
This indeed only works as long as people believe money have value (which is a group delusion). Once food production, water, etc. starts failing due to climate change and ecological overshoot, and people cannot just buy their necessities of life by exchanging them for fancy pieces of paper, the rich are done for.
Gentrification - I think I heard that word somewhere! Sad the government is in on it too.
have you heard about london?
@@maurikid23does not make it right that that its done in london or new york
well go and complain about that instead them since it has millions times more impact on millions more people, your efforts are wasted@@vanhuvanhuvese2738
Strange how small remote islands seem to be popular with the rich. Elysium style but on the planet. Expecting unrest or catastrophe.
Heard they were going to Hawaii as well
@@user-po2lw9ds9q They are, just look at Zuckerberg. Must be expecting civilian unrest not geological troubles.
How does creating jobs and opportunity where there was none create Elysium? This is chicken little talk. Strange comment.
"meanwhile prospera has plans to expand" .. lol
What's funny about them expanding?
As a newbie that wants to invest, you must have these three things in mind
1. Have a long term mindset.
2. Be willing to take risk.
3. Be careful on money usage, if you're not spending to earn back, then stop spending.
4. Never claim to know - Ask questions and it's best you work with a financial advisor.
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
As a beginner investor, it's essential for you to have a mentor to keep you accountable.
Myself, I'm guided by Charlotte Goldyn . A widely known crypto consultant
For real, people underestimate how much they can rake in from the stock market. I started with 127k just before the pandemic hit. Many people's portfolios tanked, but I rode through with my financial advisor, and even made more than 206k within just three months of starting, and it's been an awesome ride since then.
My financial advisor is Charlotte Goldyn Allan
I'm new to cryptocurrency and I don't understand how it really works.Can someone guide me on the right approach to investing and making profit from cryptocurrency investment?
They must let the local population prosper,otherwise it is going to fail.
They are helping the local population prosper. 30 jobs for a tiny village is a ton.
It's telling that in order to signup to the bitcoin village (city? lol) you have to pony up in dollars. 😂
Honduras, the secret attract
Empty houses held by billionaires is not unique to this city, they have done this with certain penthouses in NYC also. Then, some of them got deceived by developers, as those hyper-expensive apartments that have few residents often have electric/gas failures. They really could have benefitted from solar/power storage solutions that could have been paid for, yet somehow even for billionaires cost-cutting happened.
So basically they're making a separate tax haven. By setting the island up as a special economic zone kinda like that area in Panama.
It’s not a city and that area is very dangerous, Bitcoin transactions not existing and even the internet are terrible. It’s like if I build a hostel and I call it Bitcoin city just because I put a Bitcoin ATM. Ridiculous.
Not for me if I were a crypto billionaire, sounds complicated and angry people that one day might act violent.
There are just too many places that are better.
It is interesting to see how both the rich and the poor basically want the same simple life. It's fascinating how little money or stuff actually plays a role in the feeling. Just as it is interesting that both the wealthy and the poor use very similar methods of self governance which works well for both.
Seems like that there is a growing trend to proliferate Bitcoin implementation in Central America.
Yes, it's called colonization. So after their failed trips to space where they realized they can't live there yet, now the billionaires are colonizing Honduras with a corporate-owned private city that operates only on bitcoin. Nothing to see here folks, I'm sure there's not a reason for this or anything (ahem- controlled demolition of the economy?). Maybe they all just like each other a lot and wanna hang out together more.
Giant sucking sound with all the frustrated citizens from other countries having their money inflated away through govt hyperprinting cash.
freedom is spreading
Not really this has been pretty common since bitcoins invention, it’s relatively cheap to put a news story up or get a couple stores to accept Bitcoin, prices go up and cash out
Then companies realise that no one’s pays with Bitcoin and the quietly discontinue the payments
the things money can buy . real estate developers get major multimillon dollar bank loans to hedge bets on future rents ... and it works
we'll see how this paradise plays out
It's gonna be awesome. Already is. Don't be so nervous.
UPI laughing in corner
no government = prosperity
The pay direct to the mayor or their President 😅corrupt, that’s why this country is poor 😢
@@markymar4wStrange comment. Go visit. Become an eresident. This isn't some secret hideaway. Media story is biased badly. I have been twice with my family. Free market principles abound.
Spot on. Great comment.
no taxes, no free healthcare, no free education
@@davepiec9903sounds like free markets and a great way of life to me. 😉
I love how most people would rather everyone suffer like then in deeply corrupt and heavily taxed countries, and sneer at those who wish to break away from the current systems that are broken and will wash away countless lives. Be more open to innovation and new political systems!
The woman is worried about prospera, while her own govt could easily rob her as its always done while giving nothing back lol
Lightning is a 3e party custodial solution.. Bitcoin Cash is the real bitcoin..
Not going to end well. It never worked in The Walking Dead and dont think it will work now lol
Strange comment. Why do you go to zombie apocalypse? This isn't the point. Jobs, jobs, jobs
@@chengldaddy Strange island town.
@@dawson0610I've been to visit twice. It's beautiful and special. Go check it out. Not a strange town.
With the bull run edging closer, I'm favoured $130k every 4 weeks! I now have a good house and can afford anything and also support my family😊
Wow that’s huge, how do you make that much monthly? I’m 52 and have been looking for ways to be successful, please how
Thanks to Mrs Thelma Charlotte Ruff. She's a licensed IAR here in the states.
😱Sounds familiar, I have heard her names on several occasions.. And both her success stories on Wall Street journey!
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimony on CNBC news last week.
I'm not here to converse for her but to testify for what I'm sure of, she's trustworthy and best option ever seen.
Exclusion creates opportunity. This is the same the world over. No one want to live in crime-ridden garbage cans. El Salvador is doing something similar. When crime vanishes, opportunity flourishes.
Corruption could ruin this experiment but the idea that rich people are going to make things worse is ridiculous. Socialists want to split all the money even when there is none. Billionaires bring in opportunity. Don't be jealous, take advantage.
Excellent point
I love it! Stick all of the weird CryptoBros on an isolated island, PLEASE...
So, cartels can just take it over.
You are really smart, you think they don't have private armies...Wakeup people.
Allow me to retort, cartels does managed this place!
@@analienfromouterspacefalso
@@dodgechargerrt1873did you see the security gate? 😂 One guy with a manual bar won’t stop much.
@@karenneill9109😂😐
Hears: new city that is creating its own way of doing things...
Thinks: oh cool, finally people who are setting things right and building something new...
But no. Just the name being Prospera shows that their focus is still "whoever owns the bakery gets the biggest piece of pie"... Too bad.
Also the architecture is terribly disappointing. 😢
Glad ppl are fighting back.
Strange comment. Against what?
The problem is in that a community like this the poor and minorities will suffer
The poor and minorities will have chance to elevate their way of life by getting a job in Prospera.
@@joehinds29988 You're kidding right?
How are the poor suffering? Already 1000+ jobs created. That's suffering?
@@CreativeCharmClub what would you rather choose: poverty or progress? 🙂
Minorities? Who are you calling minorities? The local population? They're the majority.