Alex Ugorji is an entrepreneur and educator interested in prosperity zones, breakaway civilizations, and disruptive technologies.
He started the Crypto Frontier, an intentional crypto community in Saipan, and co-founded a blockchain software company RaiPay. He is also the co-founder of Nakamoto Financial, a consulting and financial technology company.
After realizing that his dreams of disruption could not be realized in the United States, he moved to Ciudad MorazĂĄn in Honduras to become one of the first-ever residents of this free private city, where he currently works as a consultant, community manager, and fellow Free Cities Ambassador.
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TODAY'S CONVERSATION WITH ALEX UGORJI
Listen in to Alexâs backstory of how his interest in cryptocurrencies and the âfrontier of moneyâ led him to first to Saipan and now to Ciudad MorazĂĄn in Honduras.
Discover what it was like to live in the remote U.S. Pacific territory of Saipan and why Alex believes it to be the âfreest place in Americaâ and âAmericaâs hidden gem.â
Find out how the U.S. governmentâs increasing interest in cryptocurrency saw the Crypto Frontier projects ultimately getting shelved in Saipan.
Learn about the unique law passed in Honduras that has allowed for three distinct âfree private citiesâ to develop, including Ciudad MorazĂĄn, where Alex lives.Â
Hear why Alex chose to live in Ciudad MorazĂĄn, which is more catered towards locals, over Prospera, which more caters more to foreigners and expats.Â
Discover how Alex helped build a crypto ecosystem for payments which allows anyone who lives in Ciudad MorazĂĄn, aka âBootstrap City,â to live entirely on crypto.
Youâll be floored when you hear how simple and easy it was to open a gym in Ciudad MorazĂĄn with so many needless rules and regulations stripped away.
Learn about the friendly competition between the two very differently structured ZEDEs of Prospera and Ciudad MorazĂĄn.
Get the latest updates on the issues the ZEDEs have had with the Marxist Honduran government and how it will affect these projects down the road.Â
Find out what itâs really like to live inside a private city on a day-to-day basis from someone who literally has boots on the ground.
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CONCLUSION
It was a blast talking to Alex after having dinner with him at the Liberty In Our Lifetime conference in Prague last year. Ciudad MorazĂĄn and the prospects of future cities like it present a huge potential opportunity for expats to begin a new life under a totally different model of private governance. This is a huge reason why I am a Free Cities ambassador along with Alex.Â
I hope you enjoyed this conversation as much as I did. Iâll see you all next Wednesday!
Mentioned in this episode:
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This year, Iâm taking a private group into the Amazon rainforestâthen we head to Fortaleza and explore Brazilâs booming Northeast coast. Think Amazon river cruises, beachfront developments, and wide-open opportunity. From the heart of the rainforest to pristine beaches most people only dream aboutâthis is bucket-list meets Plan-B strategy. If youâve ever wanted to see the real Brazil and scout investments along the way, this is it. Go to ExpatMoney.com/Brazil.
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