Former Coinbase wizard Balaji Srinivasan takes on rebuilding Malaysia’s most lackluster development, this time with blockchain as his wand and a dream of utopia.
A Bloomberg scoop revealed a peculiar offshoot in the verdant forests of Malaysia, or lack thereof-the Forest City, where crypto meets citizenship under one roof. 🎩✨
Network School-A Home for Idealistic Dwellers
Somewhere between Disneyland and an experimental crypto cult, 400 bright-eyed hopefuls are schooling themselves to outsmart Alexander Hamilton in the fine art of governing via digital means. The izzards… I mean, the students at Network School for $1,500-per-month tree house rentals, as envisioned by Balaji Srinivasan, once the noble CTO of Coinbase.
Originally envisioned as a bustling metropolis for the masses, Forest City stands half-empty, an ideal canvas for testing “startup societies”. Because nothing says “community” like Bitcoin over passports. 🌍
The scholars there don wits and hoodies, splitting their time between hacking new crypto ecosystems and bouncing off walls debating digital kingdoms. Mornings are a brew of coding magic, while afternoons scream existential breakdowns about chimerical DAOs, all the while munching on protein shakes straight from a Silicon Valley script.
An Indian Nightingale from Silicon Valley to Malaysia
Balaji traded venture myth-making at Andreessen Horowitz for a grander scale of building utopian online islands. His past pronouncements on Silicon Valley shunning geographical lines are far from lost on his present audience. Remember that radical 2013 spiel about trying to flee the US? It’s seeing a sequel!
The “Network State” philosophy took sharply defined shape in his 2022 book. By now, I think he’s started ordering building plans for his digital realm from IKEA. Bringing blockchain togehter with dreamy aspirations of geopolitical recognition just screams sequel from a fantasy franchise-this time starring Balaji. 🧙♂️📚
Forest City? It’s like every lonely island resort that didn’t quite make it. But a quick hop from Singapore’s airport and tax breaks have lured a crowd all too eager to wave goodbye to conventional citizenship-cue the soft piano rendition of “Roads not Taken” by a lonely violinist in the background. 🛣️
Critics wonder if this is less a forward-thinking exercise and more a glorified tourist-infrastructure by day, overnight charity project by night. If Network School’s crazy endeavor succeeds, who knows, we might all soon be signing membership cards to blockchain-based planets! 🚀
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2025-08-29 06:33