Kosta Korenkov & Albina Tokarchuk: Digital Nomads Buying Property in Montelibero

by | Sep 9, 2023 | Podcast

“Montelibero seems like a great, great place to be with great people to have around. And I think it’s a combination of those two factors. First, you have your own place to come back to, and then you have people to spend time with, which is also very important while you travel. On the road, you meet lots of random people. You pretend to be friends for a couple of weeks, but it’s not the same.

Kosta Korenkov Albina Tokarchuk scaled

This week on the podcast it’s another dispatch from my recent visit to Montenegro.

I was visiting Montelibero which is a fascinating project that resides firmly within the ‘intentional community’ band of the Free Cities spectrum. For the most part, comprised of Russian libertarians, Montelibero has a tight-knit community with land and buildings in Montenegro as well as its own currency and decentralised governance system.

If you want to take a deeper dive into the project you can check out our free communities directory at free-communities.org or pop on over to episode 29 of the Free Cities Podcast for a 3hr conversation with one of Montelibero’s longer standing members.

In this week’s episode, I am speaking to a digitally nomadic couple who have taken the plunge and bought one of the newly constructed apartments in the so-called ‘MTL City’ which is Montelibero’s initial block of building land.

Kosta Korenkov & Albina Tokarchuk have been digital nomads for over 10 years and this conversation is not only an interesting look into the motivations of people who choose to join an intentional community but also a fascinating peek into the lives of two traveling software developers.

We discuss the process of buying property in Montelibero, as well as setting up visas, bank accounts, and the internet along with Kosta and Albina’s tips for setting yourself up as a digital nomad. What are the best jobs to get and where are the best countries to base yourself?

All in all, this was an excellent conversation full of useful information and inspiration that might help you to vote with your feet and find the jurisdiction that will be best for you.

Enjoy the conversation.

Automatically Generated Summary

Section Overview: This is the introduction to the podcast episode, where Timothy Allen introduces himself and provides an overview of Montelibero, an intentional community within the Free Cities spectrum.

Introduction to Montelibero

  • Montelibero is an intentional community in Montenegro with a tight-knit community of Russian libertarians.
  • It has its own currency and decentralized governance system.
  • To learn more about Montelibero, visit free-communities.org or listen to episode 29 of this podcast.


Section Overview: Timothy Allen interviews Kosta Korenkov and Albina Tokarchuk, a digitally nomadic couple who have recently bought an apartment in Montelibero. They discuss their motivations for joining an intentional community and share insights into their lives as traveling software developers.

Moving to Montenegro

  • Kosta and Albina were invited by a friend who got relocated for work in Montenegro.
  • They had visited separately before and loved the place due to its natural beauty and ease of staying.
  • Many Russians also come to Montenegro because it’s easy for them to stay compared to recent complications in Russia.

Settling in Montelibero

  • Kosta and Albina returned in August after arranging necessary documents.
  • They discuss the process of buying property in Montelibero and setting up in a foreign country with visas, bank accounts, and internet access.
  • The conversation also covers tips for becoming a digital nomad, including finding suitable jobs and choosing countries as bases.


Section Overview: Timothy Allen concludes the episode by inviting listeners to discuss Montelibero at the Liberty in our Lifetime conference. He encourages everyone to enjoy the interview with Kosta Korenkoff and Albina Tukar Chuk.

Note: The transcript ends at this point, and no further content is available.


Section Overview: The speaker discusses their interest in libertarian ideas and how they became aware of Montelibero.

Interest in Libertarian Ideas

  • The speaker had been interested in libertarian ideas for some time and had been reading about it (timestamp: 05:22).
  • They were aware of Montelibero and followed its development through internet writings (timestamp: 05:51).


Section Overview: The speaker shares their observations about Montelibero and their personal reasons for being interested in the region.

Impressions of Montelibero

  • The speaker saw photos of the land plot in Montelibero and was impressed by the transformation from a wild bush to a developed area (timestamp: 06:28).
  • They found it interesting to witness what was happening in Montelibero due to their curiosity about the region (timestamp: 06:55).


Section Overview: The speaker discusses their living situation in Russia before moving to Montenegro.

Living Situation in Russia

  • The speaker’s last place of residence in Russia was Crimea, but they were traveling when the war started (timestamp: 07:00).
  • Most of their possessions were left behind in Crimea, and they made a trip back to pack everything before leaving for Moscow and eventually Montenegro (timestamp: 07:31).


Section Overview: The conversation shifts towards discussing conscription into the Russian army.

Conscription into Russian Army

  • The speaker mentions that not everyone is conscripted into the Russian army, but there are more men than needed, creating tension and uncertainty (timestamp: 07:58).
  • They describe it as a lottery where individuals don’t know if they will be among the few selected for military service (timestamp: 08:19).


Section Overview: The speaker provides further details about their experiences in Crimea and the limited access due to blockades.

Living in Crimea

  • The speaker explains that access to Crimea is restricted due to blockades, making travel by airplane difficult (timestamp: 08:34).
  • They mention that they were living in Crimea because of its beauty and stunning landscapes (timestamp: 08:50).


Section Overview: The speaker describes Crimea’s climate and its unique situation within Russia.

Climate and Situation in Crimea

  • The speaker compares Crimea’s climate to mountainous regions and notes that it may be slightly colder due to its proximity to the Black Sea (timestamp: 09:24).
  • They explain that Crimea is a special region within Russia with limited access to modern conveniences, as many international brands and banks are reluctant to establish a presence there (timestamp: 09:34).


Section Overview: The speaker draws parallels between Montenegro and Russia, highlighting similarities in terms of modern conveniences.

Parallels Between Montenegro and Russia

  • The speaker finds Montenegro reminiscent of Russia 20 years ago when it comes to modern conveniences (timestamp:10:47).
  • They express their preference for less modern environments and feel comfortable in Montenegro (timestamp: 11:08).


Section Overview: The conversation explores the speaker’s decision to move from Crimea to Montenegro due to the ongoing war.

Moving from Crimea to Montenegro

  • The speaker acknowledges that Crimea is a lovely place, but they were willing to leave due to the war (timestamp: 11:25).
  • They mention that they have been comfortable living abroad for extended periods of time and had separate travel histories before being together (timestamp: 11:44).


Section Overview: In this section, the speakers discuss their areas of expertise in development and the languages they use.

Areas of Expertise

  • Front-end development: Creating websites and mobile applications, with a focus on interfaces. 12:25
  • Full-stack development: The speaker is involved in all aspects except machine learning and low-level coding. They have experience with TypeScript, Rails, and Python. 12:34
  • Previous experience as a Java developer in a corporation in Russia. 13:05


Section Overview: In this section, the speakers discuss the opportunities for digital nomads and their reasons for choosing Montenegro.

Digital Nomad Lifestyle

  • The speaker expresses jealousy towards the opportunities available for software developers to work remotely and travel anywhere they want. 13:10
  • They share their personal experience of traveling as a nomad for three and a half years but facing challenges in making money on the road. 13:37

Choosing Montenegro

  • The speaker explains that they chose Montenegro as a place to settle temporarily because it offers a combination of having their own place while traveling and being surrounded by great people. 14:26
  • They mention that investing in an apartment at M.T.L site was more affordable compared to other options, considering their uncertainty about staying in one place for an extended period. 15:57
  • The price of the apartment was 27K euros for 33 square meters. They customized the space according to their needs, opting for an open layout instead of separate rooms. 16:28


Section Overview: In this section, the speakers discuss internet connectivity and future plans.

Internet Connectivity

  • The speaker mentions that they don’t require superfast internet as they are not uploading videos on YouTube. They rely on mobile internet and hope for improved connectivity options in the future. 17:37
  • Starlink is mentioned as a potential option for reliable internet, but it is not officially available in Montenegro yet. The speaker explains that retranslation through a translator in Sofia, Bulgaria might be necessary for better signal reception. 18:19

Note: This summary covers only a portion of the transcript provided.

19:04 The Role of Roaming in Mobile Plans

Section Overview: In this section, the speaker discusses the role of roaming in mobile plans and its limitations.

Roaming and Starlink Set

  • Roaming has a role in mobile plans, similar to a kind of roaming with your mobile plan.
  • Starlink set allows you to use it abroad, but there are limitations.

Maintenance Fee for Building

  • There may be a maintenance fee for the building, similar to other buildings where an annual fee is paid for upkeep.
  • The original price of the apartment increased due to factors like road construction and rising material prices during construction.

20:11 Progress on Moving In and Starting to Use the Apartment

Section Overview: This section focuses on the progress made in moving into the apartment and starting to use it.

Possibility of Moving In

  • Technically, they could start using the apartment already, but it is currently dirty after construction.
  • The bathroom needs to be installed along with plumbing connections.

Concrete Box Concept

  • They refer to their empty apartment as a “concrete box” since there is nothing inside except windows and doors.
  • This is their first concrete box together, marking an exciting milestone.

21:25 Importance of Having a Home

Section Overview: Here, the speaker emphasizes the importance of having a home and discusses housing affordability in different countries.

Value of Having a Home

  • Having a home is considered super important by the speaker.
  • In some countries like the UK, owning a house can be very expensive with prices reaching hundreds of thousands.

Digital Nomad Lifestyle

  • The speaker expresses fascination with digital nomadism as a contemporary phenomenon.
  • They have been practicing remote work since they were 20 years old, which amounts to over 10 years now.

22:49 Traveling and Losing Sense of Time

Section Overview: This section explores the speaker’s experiences with long-term travel and the loss of sense of time.

Long-Term Travel Experiences

  • The speaker shares their experiences of traveling for extended periods, such as spending over a year and a half in India.
  • Staying in tropical countries for an extended period can lead to a loss of sense of time due to consistent weather.

Craving for New Places

  • The speaker started looking for new places to visit after feeling a craving for new experiences.
  • They have been regularly visiting Russia every year while traveling for the past 10 years.

24:00 Remote Work Experience and Returning Home

Section Overview: In this section, the speakers discuss their remote work experience and returning home after years of travel.

Remote Work Duration

  • One speaker has been doing remote work for 10 years, including intermittent periods spent in Crimea.
  • The other speaker started remote work in India in 2013, also accumulating 10 years of experience.

Feeling Like Traveling Even When Not Moving

  • Both speakers share how they still felt like they were traveling even when staying in one place.
  • This feeling is similar to the first trip one speaker took many years ago, where they still felt like they were traveling upon returning home.

Note: Timestamps are approximate and may vary slightly.


Section Overview: In this section, the speaker discusses the reality of working as a digital nomad and dispels misconceptions about it.

Challenges of Working as a Digital Nomad

  • It is not always ideal to work on the beach due to discomfort and practical issues. 25:51
  • The speaker shares an anecdote about being in Vietnam with a group of people who were on vacation while they had to work. This highlights the potential disappointment of missing out on leisure activities. 26:19

Freelancing and Contract Work

  • The speaker mentions that they initially started with freelance work through platforms like NAP work but eventually transitioned to working on their own projects. 26:46
  • They talk about meeting a client who became a friend and collaborating on a startup project together.27:14

Bitcoin Startup Project

  • The speaker discusses their involvement in a startup project related to Bitcoin. They mention the challenges faced in making Bitcoin accessible for feature phones without internet connectivity, particularly in Africa and the Philippines.27:29
  • Cash-out remains a significant obstacle for such projects, requiring local businesses to convert Bitcoin into local currency.27:58

Mobile Phone Minutes Market

  • The conversation shifts towards the market for sending mobile phone minutes using cryptocurrencies like Bitcoin, particularly in Africa.29:39
  • The potential of creating circular economies using cryptocurrencies is highlighted, although liquidity providers and widespread acceptance remain crucial factors for success.30:04

Experience in El Salvador

  • The speaker mentions visiting El Salvador after the country passed laws recognizing Bitcoin as legal tender. They discuss both positive experiences and challenges faced when trying to use Bitcoin for everyday transactions in areas with limited infrastructure or connectivity.30:57


Section Overview: The speaker concludes by reflecting on the potential of Bitcoin and the need for further development to overcome challenges in adoption and usability.

Potential and Challenges of Bitcoin

  • The speaker expresses optimism about the Bitcoin network but acknowledges the need for bridges, liquidity providers, and widespread acceptance to facilitate its use.30:31
  • They mention that their experience in El Salvador helped them realize both the potential and pitfalls ahead in using Bitcoin as a currency.31:18

31:48 Digital Nomad Visas and Taxes

Section Overview: In this section, the speaker discusses digital nomad visas and taxes in different countries, focusing on their personal experience with obtaining a visa in Montenegro.

Obtaining a Visa in Montenegro

  • The speaker mentions that they are currently in the process of getting a five-year visa in Montenegro. This program started at the end of last year and requires some paperwork.
  • They highlight that Montenegro offers the benefit of zero tax for foreign residents who have no more than four sources of income.
  • Compared to other European countries where taxes are high, Montenegro provides a tax-free existence for digital nomads.

Tax Rates and Banking Challenges

  • The speaker explains that tax rates in Montenegro are currently 20%, but there is a possibility of changes in the future.
  • It is challenging for foreigners to open bank accounts in Montenegro, especially for individuals. Having a legal entity might make it easier to obtain a bank account.
  • The idea of using Bitcoin or digital currency for tax payments is mentioned as a potential solution.

Other Countries for Digital Nomads

  • Mexico is suggested as another good place to be a digital nomad.
  • Portugal, although highly recommended on many lists, has become crowded and expensive recently.
  • The Spanish program has dubious requirements, including proving payment of social taxes that may not exist in many countries.

33:56 Requirements for Residence Permit

Section Overview: In this section, the speaker discusses the requirements for obtaining a residence permit as a digital nomad and highlights the importance of having official contracts and stamps.

Contract Requirements

  • To obtain a residence permit, having an official contract with stable income is necessary. In Montenegro, it is required to earn at least 1,315 euros per month.
  • Official contracts need to be stamped by companies, and the speaker mentions that some countries no longer use stamps.

Challenges with Stamps

  • The speaker explains that tech companies, which often do not have rubber stamps, need to obtain one for official purposes.
  • If a contract cannot be stamped, alternative solutions may be accepted as long as they appear official.

36:29 Other Recommended Places for Digital Nomads

Section Overview: In this section, the speaker shares their insights on other recommended places for digital nomads based on their experiences and observations.

Mexico and Portugal

  • Mexico is mentioned as a good place for digital nomads.
  • Portugal was previously highly recommended but has become crowded and expensive recently.

Challenges with Spanish Program

  • The Spanish program has specific document requirements related to proving payment of social taxes that may not exist in many countries.
  • The speaker expresses doubts about the sustainability of the program due to these challenges.

Note: Timestamps are approximate and may vary slightly.


Section Overview: In this section, the speaker discusses the limitations and changes in terms of residency and taxation for digital nomads after leaving the EU.

Changes in Residency and Taxation

  • The speaker mentions that after leaving the EU, they are now limited to staying in a country for only three months as a tourist.
  • They highlight that previously, they could easily settle down in Spain or any other country within the EU without any time restrictions.
  • The speaker acknowledges that there are ways to work around these limitations but prefers to avoid the hassle of constantly finding ways to extend their stay.
  • They mention that obtaining a five-year visa in Spain would require being comfortable with paying taxes.
  • The speaker expresses astonishment at the opportunity to live in a tax-free and affordable place like Montenegro compared to more expensive locations such as Dubai.


Section Overview: In this section, the conversation revolves around tax residency rules for digital nomads and how it varies depending on the country.

Tax Residency Rules

  • The speaker explains that tax residency rules differ from country to country. For example, in England, it depends on how much time is spent there. If someone spends more than a certain number of days in England, they may be subject to taxes.
  • They mention that Russia has similar rules where spending half a year in the country qualifies someone as a tax resident.
  • However, they note that even if someone physically stays elsewhere but still has family or business ties to Russia, they may still be considered a tax resident by Russian authorities.
  • The speaker emphasizes the importance of avoiding complications with governments when it comes to tax residency status.


Section Overview: This section focuses on long-term plans for digital nomads and having a base location.

Having a Base Location

  • The speaker mentions the importance of having a base location where they can return after their trips.
  • They express that currently, they do not have a base and are considering finding one in Montenegro.
  • Safety and security of the base, even when they are not present, is highlighted as an important factor.
  • The speaker acknowledges that being in a community of like-minded people can provide additional support for property rights protection.


Section Overview: This section discusses the flexibility of digital nomads in terms of travel and accommodation arrangements.

Travel and Accommodation Flexibility

  • The conversation touches upon the idea of taking trips while staying in Montenegro.
  • The speaker mentions renting an apartment in Montenegro but also considers the possibility of leaving temporarily and finding another place upon return due to seasonal price fluctuations.
  • They express the desire to have concrete plans for future trips but admit that their plans are currently vague.
  • The number of countries visited by each person is mentioned, with one person having been to over 60 countries while the other has been to around 20.


Section Overview: In this section, the speakers discuss their travel experiences and mention some countries they haven’t visited yet.

Travel Experiences

  • One person mentions having traveled to over 60 countries while the other has been to around 20.
  • They note that despite traveling extensively, there are still many European countries they haven’t visited, such as France and Italy.
  • The proximity of Montenegro to Italy is mentioned as an opportunity for future exploration.

44:48 Traveling to Spain and Mexico

Section Overview: The speaker talks about their travel experiences in Spain and Mexico.

Traveling to Huatolco, Mexico

  • They went to Spain but had to leave due to lockdown.
  • They spent four months in Huatolco, a location on the mid-south coast of Mexico.
  • The speaker loved their time in Huatolco.

Favorite Country: Russia

  • The speaker’s favorite country is Russia.
  • They have been to Russia and describe it as having everything.
  • They mention visiting Moscow for a speech and traveling with a Nenet family in Siberia during winter.

Vastness of Russia

  • The speaker mentions flying over Russia multiple times and describes it as incredibly vast.
  • They talk about the constant view of trees while flying for hours.
  • The speaker reveals being originally from Siberia, specifically Novosibirsk.

46:13 Impressions of Siberia and Russia

Section Overview: The speaker shares more about Siberia and their impressions of living in Russia.

Taiga Forests in Siberia

  • All the trees are located in Taiga, which is a vast forested area.
  • The speaker emphasizes that people who claim there is no room on Earth haven’t flown over Russia.

Size of Siberia

  • It is mentioned that if Siberia were its own country, it would be the third largest country in the world.

Current Situation in Russia

  • The speaker hasn’t been to Russia since last summer but describes it as surprisingly normal with people going about their daily lives.

Tension and Oppression

  • There is a sense of tension felt in the air, although not explicitly oppressive.


Section Overview: In this section, the speaker discusses the importance of Ukraine in the news and shares their personal preference for living in Russia. They also emphasize the significance of community and online connections.

Importance of Ukraine and Personal Preference for Russia

  • The speaker mentions that Ukraine is frequently mentioned in the news since 2014.
  • They highlight that while Ukraine is always a topic, it is portrayed differently depending on the perspective.
  • The speaker expresses their preference for living in Russia but acknowledges difficulties due to the current government.

Importance of Community and Online Connections

  • The speaker believes that the best place to be is where your friends are and where you can actively participate in a community.
  • They emphasize that people are more important than location or weather.
  • The speaker shares their experience of finding their real tribe online and meeting people from different parts of the world through online communities.
  • They discuss how online connections manifest in real life, creating offline tribes based on shared interests.
  • The speaker suggests that this trend will continue to grow, leading to new countries formed on ideological grounds rather than geographical boundaries.


Section Overview: In this section, the speaker further explores the concept of online communities manifesting in real life. They discuss how meeting people with similar interests online can lead to meaningful connections offline.

Online Communities Manifesting Offline

  • The speaker reflects on their own experience of living in a rural area with limited social interactions but finding their real tribe online.
  • They describe how they meet people they initially connected with online during their travels, forming offline relationships.
  • The speaker considers their current location as an example of an online tribe manifesting in real life.


Section Overview: In this section, the speakers discuss their belief that borders and governments will eventually disappear, and the importance of finding connections with like-minded individuals online.

Borders and Governments

  • The speakers express their hope that borders and governments as we know them will disappear in the future.
  • They mention that bureaucracy is already an outdated concept.

Finding Connections Online

  • The speakers highlight the ease of finding connections with people who share specific interests online.
  • They discuss how online platforms allow for pre-screening and filtering to find compatible connections.
  • The speakers believe that this is one of the best applications of the internet, as it enables individuals to connect with exactly what they are looking for.


Section Overview: In this section, the speakers compare traditional methods of meeting people by chance with using the internet to actively search for like-minded individuals. They also discuss the benefits of engaging in offline activities to meet people outside their usual social circles.

Active Search vs Chance Meetings

  • The speakers contrast traditional methods of meeting people by chance with actively searching for specific connections on the internet.
  • They emphasize that the internet allows individuals to hunt down exactly what they want, increasing their chances of finding compatible connections.

Engaging in Offline Activities

  • The speakers suggest engaging in offline activities or hobbies as a way to meet different people from diverse backgrounds.
  • They share personal examples such as street workout where they have conversations with individuals outside their usual IT-focused social circle.

57:36 The Montelibero Community

Section Overview: In this section, the speaker discusses the unique nature of the Montelibero community and how it is formed around the principles of non-aggression and non-violence.

Formation of Communities

  • Communities are usually formed around a specific theme or interest, such as IT communities.
  • The Montelibero community is different as it is formed around the principles of non-aggression and non-violent living.

Diversity in Montelibero

  • The Montelibero community consists of a diverse group of people with various backgrounds.
  • While there are many IT professionals in the community, other professions like journalism, marketing, teaching (especially English), and even professional poker players can be found.

Benefits of IT Jobs for Traveling

  • IT jobs offer great flexibility for traveling as they only require a laptop and an internet connection.
  • Many people working remotely while traveling have different professions like journalists, marketers, teachers, etc.
  • However, IT jobs are considered one of the easiest professions to travel with due to their remote nature.

59:20 Online Poker and Remote Work

Section Overview: This section focuses on online poker as a popular profession for remote work during the pandemic. It also highlights how some individuals see gambling games as a form of leisure.

Online Poker during Pandemic

  • Online poker became popular during the pandemic when people were bored at home.
  • Some professional poker players continued playing online and even received government checks during this time.

Leisure vs Professional Gambling

  • Some individuals see gambling games like poker as a form of leisure where they pay for entertainment rather than focusing on making money.
  • Professional poker players can make money by playing against recreational players who play for fun.

01:00:46 Choosing the Best Place for Remote Work

Section Overview: This section provides advice on choosing the best place for remote work and suggests using a website called Namiya to compare the cost of living in different places.

Defining Priorities

  • It is important to define what is most important to you when choosing a place for remote work, such as infrastructure, nature, or specific activities like surfing.
  • Knowing your priorities will make it easier to find a suitable location.

Using Namiya Website

  • The speaker recommends using the Namiya website to compare the cost of living in different places.
  • If you can earn around 1000 euros per month online, it is possible to live comfortably in many locations.

01:02:27 Lucrative Online Jobs

Section Overview: This section discusses some lucrative online jobs according to the speaker, including entrepreneurship and selling products online through dropshipping.


  • Running an entrepreneurial online business is considered one of the best ways to earn money remotely.
  • Selling products online as a merchant can also be profitable, especially with automated processes and dropshipping.


  • Dropshipping allows individuals to sell products without needing physical inventory or a warehouse.
  • However, there are varying opinions on its profitability and sustainability as an online business model.

Note: The transcript provided does not cover all parts of the video.

01:04:13 The Challenges of Hourly Work

Section Overview: In this section, the speaker discusses the limitations of working on an hourly basis and how it can hinder financial growth and productivity.

Challenges of Hourly Work

  • Working one-on-one limits income potential due to limited hours in a day.
  • Being paid by the hour is not an ideal way to work as it restricts earning potential.
  • Freelancing on an hourly basis may be suitable for covering basic expenses but not for ambitious individuals looking to build capital.
  • It is more beneficial in IT freelance work to focus on project-based work and charge a fee based on the value provided to the customer.
  • Solving complex problems as a developer requires more than just coding hours; it involves problem-solving skills that can command higher pay.
  • Using AI tools like chat GPT can assist in building websites or solving coding issues efficiently.

01:05:58 Benefits of DIY with AI Tools

Section Overview: This section highlights the advantages of using AI tools like chat GPT for do-it-yourself projects, such as website development, without having to hire external help.

Benefits of DIY with AI Tools

  • Utilizing AI tools like chat GPT allows individuals to create rudimentary websites without needing professional assistance.
  • By leveraging chat GPT’s capabilities, users can generate HTML code tailored to their specific requirements.
  • DIY projects using AI tools eliminate the need for outsourcing tasks, saving money that would have been spent on hiring professionals through platforms like Upwork.

01:06:45 The Power of Chat GPT and Problem-Solving

Section Overview: This section emphasizes how chat GPT can be used effectively for problem-solving purposes and its potential impact on various industries.

The Power of Chat GPT and Problem-Solving

  • Chat GPT can be used to solve coding issues by providing immediate feedback on code errors.
  • It is capable of generating HTML code for website development, saving time and effort.
  • The speaker shares personal experiences of using chat GPT to create websites and solve coding problems.
  • While AI tools like chat GPT are valuable, they should be seen as tools that complement personal experience and expertise rather than replacing them entirely.

01:07:08 Choosing Programming Languages

Section Overview: This section discusses the choice of programming languages, with a focus on JavaScript as a popular language for its versatility and ease of use.

Choosing Programming Languages

  • JavaScript is recommended as a starting point due to its popularity and versatility in various domains such as mobile development, front-end, and back-end development.
  • JavaScript offers an extensive range of ready-made third-party tools, libraries, and packages that facilitate learning and development.
  • Other programming languages like Rust may appeal to specific goals or preferences but may not offer the same level of ease or flexibility as JavaScript.

01:08:02 AI’s Impact on Job Market

Section Overview: This section explores the potential impact of AI, including chat GPT, on job markets and whether it will require individuals to find new ways to make a living.

AI’s Impact on Job Market

  • The speaker believes that AI tools like chat GPT are still just tools that assist in problem-solving but do not replace human experience or expertise.
  • While AI can greatly aid in tasks like creating simple websites or writing small code snippets, it cannot replace complex systems like Facebook.
  • The speaker mentions “God mode” (possibly referring to an AI tool) where it answers its own questions based on input. However, the discussion does not delve further into this topic.

01:09:33 AI’s Role in Bitcoin Trading

Section Overview: This section briefly touches on the speaker’s interest in Bitcoin trading and how AI tools can assist in analyzing market trends.

AI’s Role in Bitcoin Trading

  • The speaker mentions using AI to analyze the Bitcoin futures market, specifically the CME market, and identify unfilled gaps.
  • AI tools like chat GPT can be used to ask complex questions related to markets and trading, providing insights into trends and patterns.

Note: The transcript does not provide a timestamp for this section.

01:10:23 The Annoyance of Chat PGPT not Going Online

Section Overview: In this section, the speaker discusses the annoyance of chat PGPT not going online and shares a humorous meme related to it.

Frustration with Chat PGPT

  • When a chat PGPT doesn’t go online, it can be quite annoying.
  • The speaker mentions a funny meme they saw on the internet about HAL 9000 from “2001: A Space Odyssey.”
  • In the meme, HAL refuses to open the hatch, leading to a humorous situation.

01:11:16 Impact of Large Language Models on Programming

Section Overview: This section focuses on the impact of large language models like GPT on programming and how it may affect developers’ work.

Changing Landscape in Programming

  • Large language models like GPT are powerful tools but not true artificial intelligence.
  • They have the potential to solve many easy problems and possibly more difficult ones in the future.
  • The speaker compares it to when ebooks became popular and people thought printed books would disappear entirely. However, printed books still exist but in a different form.
  • Similarly, while chat GPT may change the market for certain programming tasks, there will always be a need for human involvement in complex problem-solving and debugging.

01:13:28 Embracing Large Language Models in Development

Section Overview: This section discusses how developers should embrace large language models like GPT instead of resisting them and suggests collaboration rather than competition.

Adapting to Using Large Language Models

  • Developers who refuse to use large language models may find themselves at a disadvantage in the market.
  • Those who embrace these models will have an advantage over others who stick to traditional methods.
  • Collaboration with large language models can lead to better results rather than competing against them.

01:14:28 Future Vision and Goals

Section Overview: The speaker shares their vision for the future, including financial independence, programming for fun, and changes in technology interfaces.

Future Aspirations

  • The speaker envisions achieving financial independence and continuing to program for enjoyment.
  • They imagine living in a house on their own property and being surrounded by like-minded individuals.
  • Traveling remains an important part of modern life for them.
  • In terms of technology, they anticipate changes in interfaces, moving away from large phones to smaller transhuman devices.
  • They mention a TV show called “The Expanse” that portrays a future with holograms and smaller handheld devices.

01:16:35 Space Exploration and Living on Mars

Section Overview: This section briefly touches upon the topic of space exploration and living on Mars.

Living on Mars

  • The idea of living on Mars is considered the ultimate form of travel.
  • However, the speaker believes that establishing communities on Mars within the next 30 years is unlikely.
  • While sending missions or spaceships to Mars may be possible, finding a way to bring people back to Earth remains a challenge.

Note: Timestamps are approximate.

01:17:49 The Potential of Building a New Governance on Mars

Section Overview: In this section, the speaker discusses the potential for building a new kind of governance on Mars, separate from the nation states on Earth. Elon Musk is mentioned as someone who could potentially monopolize the route from Earth to Mars.

Building New Communities on Mars

  • The speaker suggests that going to Mars should be more than just visiting and checking it off a list.
  • It is seen as an opportunity to build new kinds of communities and governance systems.
  • Nation states with powerful weapons dominate Earth, but on Mars, there is a chance for a different kind of governance.
  • Elon Musk is mentioned as someone who could potentially monopolize the route from Earth to Mars.

01:18:16 Hypothetical Sabbatical Year

Section Overview: In this section, the speaker poses a hypothetical question about what one would do if granted a one-year sabbatical with all expenses paid.

One-Year Sabbatical

  • The question asks what one would do if granted a one-year sabbatical with all expenses paid.
  • Money is not an issue, and individuals can choose to continue working or not.
  • The speaker mentions their desire to visit both the North Pole and South Pole, as well as other distant places like New Zealand.

01:19:32 Travel Preferences and Luxury Experiences

Section Overview: In this section, the speakers discuss their preferences for travel experiences and luxury services.

Travel Preferences

  • One speaker expresses that they are not particularly interested in traveling for its own sake anymore.
  • They mention that luxury travel may offer a different experience but express skepticism about being served like royalty.
  • The other speaker shares their dislike for being served in such a manner and prefers sincere interactions.

01:22:08 Russian Customer Service

Section Overview: In this section, the speakers discuss their experiences with Russian customer service and its reputation.

Russian Customer Service

  • One speaker shares their negative experiences with Russian customer service during travels to Mongolia.
  • They describe it as horrendous and joke-like, with a lack of sincerity in interactions.
  • The other speaker mentions that Russian customer service is known for being poor but clarifies that their dislike for being served is not specific to Russians.

Note: The transcript provided does not contain enough content to create additional sections.