Forming new, better systems of governance is where I intend to make my mark on the world.

As I explained in a recent video, the days of the nation-state are numbered.

In this video, I'll outline my basic design, but certainly not the only design, for a free private city which could replace the nation-state.

Don't forget to hit that subscribe button and the little bell next to it if you want to be part of my journey towards building the free private cities of the future.

First step is deciding where to locate the city.

Let's assume we are building one of the first free private cities, so we have to find an existing government willing to cede some of its jurisdiction, to a type of special economic zone.

We want to find interested governments willing to bid for our business.

That way, we only go where we are wanted. It's sort of like how Amazon decided where to put its new headquarters based on the tax benefits it could get, and pulled out of NYC when the residents protested against the headquarters being built there. Another example is the cities which competed to capture Tesla's business when it moved from California.

So we'll negotiate the terms of a special economic zone with the government that gives us the best deal. We'll demand the power to set most of our own laws and rules, including tax rates and business regulations. In exchange we will pay the host jurisdiction either a fixed rate or a percentage of the city's revenue– but the individual citizens will NOT owe taxes to the host government.