Prospera
Article
Prospera is a recurring organization in the Astral Codex Ten archive, appearing 8 times across 8 issues between August 02, 2021 and December 10, 2025. The archive places it in contexts such as “The lesson everyone has learned from early adopters like Prospera”; “The latest from Prospera is some kind of drama with the neighboring community of Crawfish Rock”; “Prospera, the first and largest ZEDE”. It most often appears alongside Honduras, Prospera, Charter Cities Institute.
Metadata
- Category: Organizations
- Mention count: 8
- Issue count: 8
- First seen: August 02, 2021
- Last seen: December 10, 2025
Appears In
- 21
- 21
- 22
- 23: California Dreamin’
- Highlights From The Comments On Last Week’s Model Cities Post
- Highlights From The Comments On Capitalism & Charity
- 25
- Links For December 2025
Related Pages
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- Honduras (6 shared issues)
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- Prospera (6 shared issues)
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- Charter Cities Institute (5 shared issues)
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- ZEDEs (5 shared issues)
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- China (4 shared issues)
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- ZEDE (4 shared issues)
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- California (3 shared issues)
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- California Forever (3 shared issues)
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- Dubai (3 shared issues)
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- Florida (3 shared issues)
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- Hammer City (3 shared issues)
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- Mark Lutter (3 shared issues)
External Links
Source Context
Recovered passages from the original issue text. When the raw archive preserved outbound links inside the source passage, they are listed directly under the quote.
Honduras remains the country to watch in the charter city sphere, with its ZEDE law allowing unprecedented levels of freedom and protection. I’d previously written about two Honduran projects, the high-tech island hub of Prospera and the industrial heartland project of Ciudad Morazan. Now there’s a third: ZEDE Orquidea (“Orchid Zone”).
Inline links: previously written about
I’m not really impressed with their publicity effort (my browser insists their website is a security hazard and won’t let me access it). My only real source of information is this Reddit post by another charter city enthusiast, who writes:
Inline links: this Reddit post
(source) The Honduran news sources covering Orquidea focus on an argument about whether it is trying to expropriate land: they say they’re not, the people who live near them say they are. I can’t follow the poorly-translated Spanish well enough to have an opinion about this, but my much deeper dive into the Prospera situation makes me think it would be hard for them to do this even if they wanted to (which they deny). Also, the surrounding community has accused them of: …violence against defenders of the land, human trafficking, discrimination, sexual exploitation, exploitation of people of sexual diversity, lack of recognition of labor rights and curtailment of the rights of the family and children such as education and health …which is a pretty impressive list of misdeeds for a polity which has only existed for a couple of weeks. My guess is this is the thing where they pre-emptively accuse ZEDEs of every bad thing that has ever happened, just because it seems like the sorts of thing they might do. But I guess we’ll find out - they supposedly have given people a “40 day ultimatum” to leave their land (they deny having given this ultimatum), so I’ll check back in forty days and see what’s happened. Butterfly Effect Unlike Orquidea, Mariposa (Spanish for “butterfly”) has a beautiful website. They have a list of all the noble important principles they espouse, and all the human rights they’re going to focus on respecting. Your white paper says “model city”, but your branding says “birth control pill”. When you look at the small print, they “are still working on our master plan to be presented to the Honduran Government in the near future”, ie they haven’t gotten any kind of official go-ahead and are only in the “cool idea” phase right now. Still, let’s take a look. Mariposa’s core values include: Polycentric governance, seemingly inspired by cryptocurrency.
Still, if they can pull this off it would be amazing. Right now we can’t create big cities at will. There’s a lot of demand for big cities (witness all the people moving to NYC and SF despite high prices), but the supply stays capped. It’s a coordination problem: if three million people agreed to create a new big city, a new big city would happen - and they’d be in on the ground floor with land prices. But nobody wants to be the first (or the second, or the 99,999th) person to move to a random uninhabited desert that could potentially become a new metropolis later. Maybe making a lot of big promises like this is what the city creation process looks like. In the end you’d get a new big city, it would probably be more sustainable and walkable than average just because it’s new and well-planned, and even if it wasn’t any more innovative and diverse and inclusive than everywhere else, at least it’s no worse. And all your investors are super rich. Prospera, Honduras The latest from Prospera is some kind of drama with the neighboring community of Crawfish Rock over water rights. News site Rest Of World gives local leaders’ version:
Inline links: Rest Of World
The latest from Prospera is some kind of drama with the neighboring community of Crawfish Rock over water rights. News site Rest Of World gives local leaders’ version:
Inline links: Rest Of World
Devon Zuegel, a friend of the blog who was on the ground at Prospera at the time, gives the ZEDE’s version:
Prospera, the first and largest ZEDE, has (as usual) dominated press coverage. They state that the government hasn’t asked them to shut down, that the government continues to accept payments Prospera owes them for its continued operation, and that when Prospera has told the government that it plans to keep operating, nobody in the government has objected.
Inline links: Prospera
— This (~4:00) is my main source for Prospera’s position and what they’ve done. —
But also, some people are taking them seriously. VCs including Balaji Srinivasan has invested $2 million. The group claims to have 50,000 followers on Clubhouse. They’ve been featured on TechCrunch and (very briefly) Marginal Revolution. I would, however, briefly challenge their claim to be “the first ever Internet country”. People have been building Internet countries as long as there has been an Internet. I’m not sure which was actually first, but I know the Kingdom of Talossa has been online since 1995. A 2000 New York Times article on the Internet country phenomenon profiled Talossa, but was already able to give six other examples. And although these were perhaps easy to miss, Danny Wallace started the Kingdom of Lovely, a “partly Internet-based project that claims a small amount of territory”, on a widely-viewed BBC documentary in 2007. I myself got involved in an online country project back when I was a teenager in the early 2000s. Although no venture capitalists appeared to give me giant bags of money, it got a few dozen “citizens” and some fun government institutions before finally petering out around 2015. I guess what I’m saying is - I’m available as an Internet country building consultant with fifteen years experience. And no, I don’t accept payment in NFTs. Oh, You’re Still Here? Meanwhile, in Honduras, it isn’t all legal doom and gloom. Prospera has also been making real progress, as measured in pretty photos. Two Roatan resorts, Las Verandas and Pristine Bay, have joined Prospera. The ZEDE law saying that landowners can voluntarily annex their land into a willing ZEDE: Las Verandas Pristine Bay Prospera is also building a high-tech wood processing factory that will eventually produce parts for its other construction efforts: Current construction progress Planned final appearance And its first multi-story apartment buildings: Current construction progress Planned final appearance It will also be hosting gene therapy company Mini Circle, which runs clinical trials for innovative medical procedures. Granting that many of its studies (treatments for HIV, muscular dystrophy, obesity, etc) seem great and important, it perhaps seems suspicious that they would want to do this in a charter city? The company writes that “the cost of running a trial in Prospera is less than 1/1000th the cost of the United States”, which seems good in ways but does not entirely allay my concern. I was originally worried that they would be experimenting on Hondurans or something, but looking at the site it looks like they’re recruiting worldwide and would probably fly Americans (or whoever else) to Honduras for the therapy. Their site features a quote from friend-of-the-blog Alex K Chen, who says: Minicircle's bioscientists have one of the most enlightened risk taking calculi I have observed anywhere. In an environment where extreme hesitance to take any risk holds back scientific progress, they have the openness to imagine, try and measure just about any legal intervention putting them in a very strong position to both produce a significant measurable decrease in the human rate of aging, and to inspire more people to do what they never thought was possible. I think the only way this could get more mad science points is if it used the phrase “small-minded fools”. Mind you, I think mad science points are good, I just hope everyone else sees it that way and my optimism turns out justified. Also, apparently the clinical trials have NFTs, because of course they do. At least they’re not commemorative NFTs - they seem to play a load-bearing role where they help participants be incentivized to complete all the necessary tests. Also, low-cost eco-residences! Shorts 1: I previously mentioned the scam/fiasco/insane-idea of Hammer City, a planned black nationalist city in the Rocky Mountains. I knew it had failed, but I didn’t know exactly how. Now Colorado Sun has investigated. The proximal reason it failed was because the black nationalists started moving their paramilitary onto the land before they had officially bought it, the owner called the cops, and the cops removed them. The Hammer City team has not given back any of the $112,000 which they raised from extremely credulous donors (without using NFTs, even!) 2: The Charter Cities Institute continues doing the long-term ground-level work necessary to create long-term well-grounded charter cities which will be much too boring and responsible for me to write silly profiles of. Some of their most recent work has been with the Africa Next 50 Cities Coalition, which “convenes and mobilizes key stakeholders who are dedicated to harnessing Africa’s rapid urbanization for human prosperity”. 3: Also, CCI founder Mark Lutter has left the organization to start a charter city of his own, no public details yet. CCI will be looking for a new executive director. 4: Speaking of Disney, they’ve been building on their model city expertise and magical storybook branding by creating planned communities around the US - Story Living By Disney, starting with Rancho Mirage California. Realistically it just looks like a very nice planned community, but this planned community comes with the option to have people make fun of you forever for living in a Disney community as an adult. Predictions for this month: Prospera is still substantially a functioning ZEDE in 2025: 70%
Inline links: TechCrunch, Marginal Revolution, Kingdom of Talossa, online since 1995, 2000 New York Times article, involved, Las Verandas, Pristine Bay, https://substackcdn.com/image/fetch/$s_!dYxp!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fc16a62d7-1b52-4fe4-b90a-66c4f1b04101_1280x720.jpeg, https://substackcdn.com/image/fetch/$s_!KJAN!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F373a13d3-0b61-4d6a-a4ac-92603c37b111_1280x720.jpeg, https://substackcdn.com/image/fetch/$s_!bhg-!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3f046579-f61b-44aa-b71e-6f5af5d6c23e_1280x960.jpeg, https://substackcdn.com/image/fetch/$s_!m5Lg!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Faaf75e74-8afa-4af1-96e3-1d4a1e91bf39_1280x720.jpeg, https://substackcdn.com/image/fetch/$s_!d_hY!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F0082aa8d-b926-43f9-af75-36613937362e_1280x864.jpeg, https://substackcdn.com/image/fetch/$s_!_G7z!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fdc74e9e5-527d-4f66-9c84-b59ec616efc8_1280x719.jpeg, Mini Circle, the clinical trials have NFTs, https://substackcdn.com/image/fetch/$s_!Mfsk!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fdbaafb7e-9fc6-4fe9-abe1-e5fe0c018dd3_1024x768.jpeg, Colorado Sun has investigated, Charter Cities Institute, CCI founder Mark Lutter has left the organization, Story Living By Disney, Rancho Mirage California
Seen on the Praxis founder’s Twitter account. Milady is some kind of NFT thing, otherwise it makes as much sense to me as it does to you. But the other half of the paradox is the constant rumors that they’re competent and have some kind of good plan. These are spoken only in hushed whispers, I don’t know the details. But in 2021, they raised $4 million in a seed round from well-regarded venture capitalists whose investments usually make money. In 2022 they raised another $15 million in a Series A round from . . . okay, partly from Sam Bankman-Fried and Three Arrows Capital, two notorious crypto scammers. But you would think scammers would be extra careful not to invest their own money in scams! Also, they recently signed on David Weinreb, a completely normal (and well-regarded) city planner person. What’s the strategy that both involves both Milady Raves and lots of competent people agreeing you’re a good investment? One strategy is something like: buy some land somewhere. Build some houses and streets. Convince digital nomads to move there on the grounds that you are very cool and visionary. Do some cool and visionary seeming things, or at least throw some really good raves. Other digital nomads get jealous and move there too. Sell parcels of land to these people, get rich, pay back your investors. And then who knows, maybe create a new civilization that redefines what it means to be human. Consider Elon Musk. Elon Musk is good at certain business-related skills. But that’s not the essence of Elon Musk. The essence of Elon Musk is that he’s a Visionary who can bring the Glorious Future. We know this because he’s a crazy person who says stuff that doesn’t really make sense. When Elon Musk buys a company, its value goes up - maybe partly because people expect Musk to make good business decisions, but also partly because now the company is part of Musk’s Glorious Future, and therefore exciting. Employees, customers, and investors all get excited and reinforce each other in a virtuous circle. And although Musk might not always accomplish the exact Glorious Future future he promises, his companies do well and make money, because having motivated employees, star-struck customers, and willing investors is a great combination. Elon Musk has an aura of destiny because he succeeded at his first several companies. Dryden Brown of Praxis Society, lacking a Paypal Mafia to join, is trying to hack together an aura of destiny out of raves and angel-related videos. So far it seems to be going pretty okay. Prospera Sues Honduras For 2/3 Of Its National Budget To refresh: in the mid-2010s Honduras’ pro-market government created ZEDEs - businesses that bought up unoccupied land could start their own districts with their own preferred legal system in exchange for bringing in investment. The government knew businesses wouldn’t invest long-term if the next government could just cancel the agreement and seize all of their stuff, so they fortified the law with as much protection as possible. It would take a long constitutional amendment process to repeal, and ZEDE investors might be able to object to any changes under international investment treaties. Lured by these protections, three companies started ZEDEs, including a big high-profile one called Prospera. In early 2022, a socialist government took power, and started trying their best to destroy the ZEDEs. They started the constitutional amendment process (they seem to think they’ve finished it, but a Prospera rep I talked to believe they have to hold another vote by the end of this year, something I see no signs of them doing) and have been harassing and stonewalling existing ZEDEs. One ZEDE, Orquidea, shut down immediately. A second, Ciudad Morazan, seems to still be operating but I cannot figure out exactly how or why. Prospera has been most vocal in its opposition, and sued Honduras for $11 billion in the World Bank’s court of investment arbitration. (Prospera has only spent about $100 million so far, so it’s unclear why they deserve 100x that in penalties. Also $11 billion is “two-thirds of the 2022 Honduran national budget”, and forcing Honduras to pay it would cause national catastrophe. This might be more of a highball offer than a number they actually expect to get.) This article (poorly translated from Spanish, sorry) has the most information. It suggests Honduras believes they signed onto the investment treaties “with reservations”, ie conditional on being allowed to do things like shut down ZEDEs, and that therefore the suit is meaningless and they will not defend themselves. Although the magazine is on the government’s side of the overall issue, it suggests they didn’t actually sign on with reservations, that the country’s lawyers might just have no idea what they’re talking about, and that their bold strategy of refusing to defend themselves will not pay off. In contrast, Prospera has prestigious lawyers specializing in exactly this area, so things aren’t looking good for the government. Honduras seems to recognize this and is threatening to withdraw from ICSID, the international investment treaty that governs such disputes. This wouldn’t be completely unprecedented - Venezuela, Bolivia, and Ecuador have also done this. But ICSID rules say that withdrawing from ICSID, while it might help prevent future cases against you, doesn’t cancel existing cases, and wouldn’t protect Honduras against Prospera’s claim. (How would ICSID collect against Honduras if they lost? I don’t know, but I assume the global financial order has some way to make your life worse if you defy it.) I think everyone is hoping Honduras realizes that cancelling a flourishing economic zone that’s bringing lots of investment into the country at no cost to them - just isn’t worth taking an $11 billion loss, cancelling international treaties, and scaring off future investment. But who knows how these people think? In other Prospera news: Prospera announces another $36 million in recent investment, which I take as evidence that VCs with good lawyers and research departments also think its case is very strong.
Inline links: the Praxis founder’s Twitter account, raised $4 million in a seed round, raised another $15 million in a Series A round, recently signed on David Weinreb, To refresh:, harassing and stonewalling, sued Honduras for $11 billion, This article, threatening to withdraw from ICSID, Venezuela, Bolivia, and Ecuador have also done this, announces another $36 million in recent investment
Prospera announces another $36 million in recent investment, which I take as evidence that VCs with good lawyers and research departments also think its case is very strong.
Inline links: announces another $36 million in recent investment
Niklas Anzinger has written The Ultimate Prospera Guide For Entrepreneurs, with advice for Hondurans, tech entrepreneurs, and others about how and why to get involved.
Inline links: The Ultimate Prospera Guide For Entrepreneurs
Comments On Prospera DamienCh writes:
Inline links: writes
Now, given all that, what to do of the Prospera case ? In my view, and having not seen anything else beyond what's publicly available, it's a typical investment dispute, could fare relatively well (they have good lawyers), but they won't get 11 billion USD (though that depends a lot on the arbitrators).
I also heard from Niklas Anzinger, who’s in touch with Prospera’s leaders and legal team including technical secretary Jorge Colindres, and who was able to give me more clarity on the situation. Remember, the last government passed a constitutional amendment allowing ZEDEs. The new government has to repeal the amendment in order to ban them. The repeal process requires winning two votes in Congress within ~2 years. They won the first in spring 2022. Their deadline to win the second is January 2024. They’ve made no attempt to start the second vote and Niklas thinks the political climate has shifted and they wouldn’t win. So legally the ZEDE regime is still in place, so much so that people can even apply to start new ZEDEs (although the government would refuse the application).
The most important work being done by CCI is not necessarily creating Charter Cities - Prospera alone has a much more sophisticated platform than anything CCI has. But they play a crucial role in mainstreaming these ideas so that development economists, multi-lateral institutions, media, and well-intentioned Westerners pay more attention and are more likely to support reform zones. Prospera's technology is ready to replicate - we need this greater mainstream support to close the deals.
Most people have no idea how much harder it is to do legal business in developing nations. The upside of making Prospera-quality law and adjutication available in zones in Africa will be significant over time. My wife, Magatte Wade, is working to bring Prospera to Africa because of this. She also writes and speaks about the ridiculous over-regulation of business in Africa that makes it necessary - she has first hand experience of what it is like to do business in the US vs. in Senegal. The fact that African nations are ranked at the bottom of the Doing Business index is not an artifact of measurement.
Building codes are inflexible and designed around the more-common modern styles. Getting robots to mass-produce ornament solves problems 1 and 2, and doing it in a model city with a ground-level commitment to ornament solves problem 3. Sramek writes: Our renderings do not tell the full story. Getting architecture right in a way that is also scalable and affordable is hard. And until now, we’ve been focused on the things “lower down in the stack” that need to be designed first – land use plans, urban design, transportation, open space, infrastructure, etc. But I started this company nearly a decade ago precisely because I felt that so much of our world had become ugly, and I wanted to live, and have my kids grow up, in a place that appreciates craft and beauty. This is one of the clearest examples of what I love about model cities. There are lots of things that everyone (or at least a substantial proportion) of people want, which people aren’t doing - not because there’s some strong opposition or technical challenges, but because the system is too complex/diffuse/ossified to permit change. A lot of what I love about California is downstream of its geography as the westernmost part of the western world - the people who felt confined by Europe fled to America, and the people who felt confined by America fled to California, and until recently it was an open space big enough for new experiments to grow. I think of “California Forever” as a nod to that heritage, and a test of whether some of those sparks still survive. The Siege Of Prospera In the 2010s, a conservative Honduran government decided to allow experimental “ZEDEs” - semi-autonomous charter cities - in the country. Several projects sprung up, most notably Prospera and Ciudad Morazan, and met some early success. In 2022, the socialists took over and decided to end the experiment. They were able to ban the creation of new ZEDEs, but had more trouble disbanding existing projects. They found there were two legal roadblocks. First, the founders of the ZEDE system - well aware of how sudden shifts in governments could destroy charter cities - fortified their law with constitutional protections making it near-impossible to repeal. Second, they signed international treaties giving charter city investors the right to sue Honduras for very large amounts if it tried to destroy their hard work. How do you repeal a law that says it would be unconstitutional to repeal it? The socialist-controlled Honduran Supreme Court tried their best, saying that the law had retroactively itself been unconstitutional, and so existing ZEDEs had retroactively been illegal the whole time. However, the court failed to remove the entire thicket of legal protection surrounding the ZEDE system; in particular, they did not strike down Article 94 of the Constitution, which said that unconstitutionality rulings could not be enforced retroactively. So as far as anyone can tell, the current status of ZEDEs is that it is illegal for them to exist, but also illegal for the government to take any action to remove them. On their way out, the Court ordered some penalties against “companies that became ZEDEs”, which is not really how this works (companies can found ZEDEs, but they don’t become ZEDEs; this is like saying “companies that became cell phones”) and which therefore nobody has tried to collect. Why did the government’s case end so farcically? Honduras-watchers suggest that the Court was trying to balance its obligations to the government, to the integrity of the legal system, and to practicality. The government really wanted an anti-ZEDE victory to present to its voters. The integrity of the legal system made it hard to apply ex post facto judgments. And practically, the whole case ran up against the second layer of protections the ZEDE founders built around their project: the investor treaties. If Honduras were to end ZEDEs, ZEDE investors could sue in international court. Prospera’s investors have already sued for $11 billion - a third of Honduras’ GDP. The case is currently tied up in international courts, with the delay being amenable to both sides; the government expects to lose, and the Prosperans would rather keep the suit as a threat they can hold over the Hondurans’ head than actually get a judgment in their favor - which would be bad PR, and which they expect Honduras would not pay. (also, although the Trump administration hasn’t taken a firm stance, Prospera seems like the sort of thing they would like, and Honduras is nervous about offending them too badly) Since the government doesn’t seem to be able to legally shut down Prospera, they’ve resorted to harassing it - especially trying to debank it. This might have worked, if not for the fact that a certain $4 trillion weird Ponzi casino industry has always imagined itself as having a fig-leaf purpose of “what if a utopian libertarian island-city got debanked by a repressive socialist government and could only save itself if there were a entirely new kind of financial infrastructure totally different from the regular one?”; although I imagine they were just as surprised as anyone else when this exact scenario suddenly played out in real life, nobody can deny they were extremely prepared for it. So the attempted harassment has fallen flat too, and the government doesn’t have a lot of options. Further developments hinge on next month’s big election. The candidates seem like a colorful bunch: Polling has been contradictory: …with Rixi Moncada (socialist), Salvador Nasralla (liberal), and Nasry Zablah (right-wing) all making strong showings. My impression is Moncada would be worst for Prospera, Zablah best, and Nasralla somewhere in the middle. Meanwhile, my contact in Prospera reports that life in the city continues as normal, with most residents relatively insulated from the lawfare happening around them. They are up to 300 registered companies, a nearly-full office tower, a few residential developments under construction, and frequent conferences on relevant topics like crypto and biotech. From Techbro To Sherbro Sherbro, Sierra Leone. A place synonymous in the popular imagination with the phrase “Sherbro, Sierra Leone”. Population 30,000. Size 230 square miles (or “just a little bit smaller than Singapore”, according to its boosters). There are too many places named “Freetown”. And not enough named “Kissidougou”. Siaka Stevens is the grandson of Sierra Leone’s first president, also named Siaka Stevens. He grew up in Britain, worked in business and finance, then went back to his family homeland as an adult. Moved by the poverty he saw around him, he decided to start a charter city. He recruited the help of Idris Elba, a famous British actor of Sierra Leonean descent, and together they started a company to build Sherbro Island City. The usual Dubai and Singapore comparisons were made. Maybe due to Stevens’ government connections, they got an impressively broad concession from the government - the Charter Cities Institute has compared it to Honduras’ ZEDEs, among the most autonomous charter city legislation in the world. From the podcast: Okay, so there are seven governing board members and the agreement specifically states that they are strictly from the private sector. SAP, our company, will choose four of the board members and the chairperson and the government of Sierra Leone will choose three. That’s the seven member board. And underneath that is a similar structure to municipal corporation. We have fiscal and legislative autonomy. English common law, very robust investor protections. The best way to kind of describe it, a similar situation, mean, Hong Kong now actually, and it’s a similar setup to Hong Kong and China’s relationship in the early eighties, where you have a special administrative region that is very autonomous, but sovereignty is held by the main Sierra Leone country. So it’s an innovative kind of new system of governance. Stevens calls the island a “greenfield” site, but it includes a town (Bonthe, population ~10,000) and an ethnic group (the Sherbro people). Yup, that’s definitely an ethnic group. I have honestly never seen a group this ethnic before. A+ at being ethnic (source). It’s slightly unclear whether Bonthe and other inhabited areas are within the SEZ, but it looks like maybe they are, and Stevens means he will mostly be building the new Singapore-style smart city on uninhabited parts of the island, with Bonthe as an early base for transit and development that he hopes will benefit but otherwise remain unaffected. Various local chiefs seem to be mostly in favor, as far as we know. The big problem for these island charter city attempts is infrastructure. You eventually want heavy industry and high-value-add manufacturing, but how do you build up enough civilization - transit, power, labor, amenities - to support these expensive enterprises? Every charter city has its own solution - gambling in Grand Bahama, regulatory arbitrage in Prospera, political alignment in Praxis. Sherbro’s plans include: A hub to lure the Sierra Leone diaspora back to the country (Google says the Sierra Leone diaspora is 336,000 people, most of whom are probably not digital nomads or jet-setters)
Inline links: writes, next month’s big election, https://substackcdn.com/image/fetch/$s_!l_xq!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0e3c5722-3adf-42c5-adaf-1b764f17a88c_954x744.png, has been contradictory, https://substackcdn.com/image/fetch/$s_!8egi!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F599bd553-836b-4c70-8128-5ae37cb6b4fc_675x517.png, https://substackcdn.com/image/fetch/$s_!UMhi!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd5972e52-4f45-41ea-a520-a17cd78b7d8d_762x721.png, Sherbro Island City, the podcast, https://substackcdn.com/image/fetch/$s_!w7Zj!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb01bfbd8-7896-4274-946e-fe0659c9cd5a_920x613.jpeg, source
…with Rixi Moncada (socialist), Salvador Nasralla (liberal), and Nasry Zablah (right-wing) all making strong showings. My impression is Moncada would be worst for Prospera, Zablah best, and Nasralla somewhere in the middle. Meanwhile, my contact in Prospera reports that life in the city continues as normal, with most residents relatively insulated from the lawfare happening around them. They are up to 300 registered companies, a nearly-full office tower, a few residential developments under construction, and frequent conferences on relevant topics like crypto and biotech. From Techbro To Sherbro Sherbro, Sierra Leone. A place synonymous in the popular imagination with the phrase “Sherbro, Sierra Leone”. Population 30,000. Size 230 square miles (or “just a little bit smaller than Singapore”, according to its boosters). There are too many places named “Freetown”. And not enough named “Kissidougou”. Siaka Stevens is the grandson of Sierra Leone’s first president, also named Siaka Stevens. He grew up in Britain, worked in business and finance, then went back to his family homeland as an adult. Moved by the poverty he saw around him, he decided to start a charter city. He recruited the help of Idris Elba, a famous British actor of Sierra Leonean descent, and together they started a company to build Sherbro Island City. The usual Dubai and Singapore comparisons were made. Maybe due to Stevens’ government connections, they got an impressively broad concession from the government - the Charter Cities Institute has compared it to Honduras’ ZEDEs, among the most autonomous charter city legislation in the world. From the podcast: Okay, so there are seven governing board members and the agreement specifically states that they are strictly from the private sector. SAP, our company, will choose four of the board members and the chairperson and the government of Sierra Leone will choose three. That’s the seven member board. And underneath that is a similar structure to municipal corporation. We have fiscal and legislative autonomy. English common law, very robust investor protections. The best way to kind of describe it, a similar situation, mean, Hong Kong now actually, and it’s a similar setup to Hong Kong and China’s relationship in the early eighties, where you have a special administrative region that is very autonomous, but sovereignty is held by the main Sierra Leone country. So it’s an innovative kind of new system of governance. Stevens calls the island a “greenfield” site, but it includes a town (Bonthe, population ~10,000) and an ethnic group (the Sherbro people). Yup, that’s definitely an ethnic group. I have honestly never seen a group this ethnic before. A+ at being ethnic (source). It’s slightly unclear whether Bonthe and other inhabited areas are within the SEZ, but it looks like maybe they are, and Stevens means he will mostly be building the new Singapore-style smart city on uninhabited parts of the island, with Bonthe as an early base for transit and development that he hopes will benefit but otherwise remain unaffected. Various local chiefs seem to be mostly in favor, as far as we know. The big problem for these island charter city attempts is infrastructure. You eventually want heavy industry and high-value-add manufacturing, but how do you build up enough civilization - transit, power, labor, amenities - to support these expensive enterprises? Every charter city has its own solution - gambling in Grand Bahama, regulatory arbitrage in Prospera, political alignment in Praxis. Sherbro’s plans include: A hub to lure the Sierra Leone diaspora back to the country (Google says the Sierra Leone diaspora is 336,000 people, most of whom are probably not digital nomads or jet-setters)
Inline links: https://substackcdn.com/image/fetch/$s_!UMhi!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd5972e52-4f45-41ea-a520-a17cd78b7d8d_762x721.png, Sherbro Island City, the podcast, https://substackcdn.com/image/fetch/$s_!w7Zj!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb01bfbd8-7896-4274-946e-fe0659c9cd5a_920x613.jpeg, source
Yup, that’s definitely an ethnic group. I have honestly never seen a group this ethnic before. A+ at being ethnic (source). It’s slightly unclear whether Bonthe and other inhabited areas are within the SEZ, but it looks like maybe they are, and Stevens means he will mostly be building the new Singapore-style smart city on uninhabited parts of the island, with Bonthe as an early base for transit and development that he hopes will benefit but otherwise remain unaffected. Various local chiefs seem to be mostly in favor, as far as we know. The big problem for these island charter city attempts is infrastructure. You eventually want heavy industry and high-value-add manufacturing, but how do you build up enough civilization - transit, power, labor, amenities - to support these expensive enterprises? Every charter city has its own solution - gambling in Grand Bahama, regulatory arbitrage in Prospera, political alignment in Praxis. Sherbro’s plans include: A hub to lure the Sierra Leone diaspora back to the country (Google says the Sierra Leone diaspora is 336,000 people, most of whom are probably not digital nomads or jet-setters)
Inline links: source
No surprise that the humanities and social sciences shift people left; no surprise that business and economics shift them right. I was a little surprised that engineering shifts people right a little, and that Education of all things shifts people right (albeit only slightly). How is that even possible? Are these people coming in as Mao Zedong and leaving as “only” Leon Trotsky? Also, Political Science is exactly neutral, lol. [EDIT: I misunderstood, they’re using natural sciences as a zero point, this is a reasonable choice but slightly changes the interpretation] 40: Kindkristin: Language models improved my mental health. 41: More floor employment, from the WSJ (h/t @LaocoonofTroy): Big Paychecks Can’t Woo Enough Sailors For America’s Commercial Fleet: “Straight out of college, graduates from the country’s maritime academies can earn more than $200,000 as a commercial sailor, with free food and private accommodations... Despite the pay and perks, maritime jobs go begging, and it is raising national-security concerns.” Other selling points include “six months vacation, live wherever you want, and you’re serving the nation” and onboard “gyms, connectivity, and cuisine”. The catch is that you have to be at sea for months at a time. 42: Study (h/t @KierkegaardEmil): there was minimal “learning loss” from COVID school closures, best estimate is “0.02 standard deviations per 100 days of school closure”. I correctly predicted this back in 2021, but I also wrote in March of this year about how there’s been a general decline in NAEP scores since then. It seems like maybe a student having their specific school closed for longer than other schools didn’t hurt them, but some sort of general cultural change, maybe related to COVID, did hurt. 43: Sam Bankman-Fried’s mother on why she thinks his trial was unfair. SBF is appealing his conviction and will probably be making some of these same points in court. Can’t find a prediction market directly on the appeal, but this one says only 15% chance he serves under 10 years, this one says 15% chance of a Trump pardon, so it doesn’t seem like there’s much room for him to be freed (or get a significantly shorter sentence) on appeal. And Wired says that only 5-10% of appeals like these succeed. 44: Related: Trump pardons Juan Orlando Hernandez, former Honduran president extradited to the US for narco-corruption. Some sources are trying to find a Prospera angle - Prospera and other ZEDEs were approved under JOH’s administration, and the Prosperans seem to have good MAGAworld connections - but I don’t think this is their top priority, and I don’t know if it requires much explanation for Trump to be pro-right-wing Latin American politicians convicted by the Biden administration. More interesting is that apparently JOH and SBF were cellmates (X), “SBF spent extensive time helping JOH with trial prep” and SBF told an interviewer that “Juan Orlando is the most innocent prisoner I’ve met, myself included.” ChatGPT is not impressed with the Trump/SBF case for JOH’s innocence. Related: JOH’s conservative party on track to win this month’s extremely-close Honduran elections, great news for Prospera if it happens. 45: The “100 Above The Park” building in St Louis (h/t Bobby Fijan on X): 46: The death toll of the ongoing Sudan genocide has risen to about 150,000. Nicholas Kristof writes that the world has once again failed to prevent atrocities, and argues that the most important point of leverage is pressure on the United Arab Emirates, which is arming the genociders. Sam Kriss also writes about the situation in The World’s First Matcha Labubu Genocide, but is unimpressed with Kristof’s take: Sudan is passed over in a deeply uncomfortable silence. The absolute most you can do is blame the Emiratis. From what I’ve seen, more people seem to be appalled at the UAE for its frankly marginal role in arming the RSF than at the RSF itself. This is the approved way of understanding any inscrutably indigenous foreign conflict: you just worm out any third-party involvement and then act like you’ve solved the whole thing. I side with Kristof here, for reasons that Sam himself touches on later in his piece, in a section comparing Darfur with Gaza. It would be very easy to make people care about Darfur again. All it would take is a loud, vocal contingent of RSF apologists in the Western media. I agree, but would frame it less cynically: the reason Westerners pay attention to Gaza is that there’s a lever to push: not only does America support Israel, but many of their friends support Israel, so they can imagine convincing America or at least their friends to stop, and at least feel like there is some remote chance of making a small difference (and in fact, Trump getting mad at Israel and deciding to pressure them was decisive in effecting the cease-fire). On the other hand, we don’t have many levers to affect ethnic Baggara in the Rapid Support Forces of Sudan, so it doesn’t really feel useful to write blog posts arguing that they should stop; obviously they should stop, nobody disagrees with this, and it goes without saying - so nobody says it. But the US does support the UAE, and many of our friends like the UAE or at least go there on vacation, so maybe it’s possible to have make some small difference by embarrassing them. 4D chess take is that Sam Kriss agrees with all of this, but “loudly” and “vocally” argued against it to give people like me a hook to write about this genocide with, in which case I thank him for his sacrifice. It would also be nice to be able to donate, but I don’t know who to trust in the region - other than Doctors Without Borders, who are usually pretty good. 47: The AI Futures Project (group of AI-will-be-fast intellectuals) and the AI As A Normal Technology team (group of AI-will-be-slow intellectuals) wrote an adversarial collaboration in Asterisk explaining what they agree on, for example: That there’s an important distinction between existing AI and “strong AGI”
Inline links: as a zero point, Language models improved my mental health, floor employment, @LaocoonofTroy, Big Paychecks Can’t Woo Enough Sailors For America’s Commercial Fleet, Study, @KierkegaardEmil, correctly predicted this, wrote in March of this year, Sam Bankman-Fried’s mother on why she thinks his trial was unfair, appealing his conviction, this one, this one, Trump pardons Juan Orlando Hernandez, Some sources, JOH and SBF were cellmates (X), is not impressed, on track to win, Bobby Fijan on X, https://substackcdn.com/image/fetch/$s_!Gj0x!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd354a169-6127-4815-85b5-940414c632eb_603x900.jpeg, Nicholas Kristof writes, The World’s First Matcha Labubu Genocide, and in fact, Trump getting mad at Israel and deciding to pressure them was decisive in effecting the cease-fire, Doctors Without Borders, an adversarial collaboration in Asterisk explaining what they agree on
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