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This Former Coinbase CTO Spent Millions Building a Utopia for Tech Founders. Then Malaysia Shut It Down.

August 3, 2026
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This Former Coinbase CTO Spent Millions Building a Utopia for Tech Founders. Then Malaysia Shut It Down.
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Balaji Srinivasan believes America is heading towards collapse. So he got down to construct his personal nation as a substitute. The previous Coinbase CTO spent two years working the Community Faculty in a ghost metropolis in Malaysia, the place founders paid $1,500 a month for room, board and lessons on a campus that additionally included a high-end gymnasium and meals designed by longevity guru Bryan Johnson, in line with the Wall Road Journal. The plan known as for on-line communities to pool assets and finally declare sovereignty.

However residents complained of moldy rooms, no nightlife and an absence of ladies. An Instagram publish claiming the varsity housed Israeli residents, which Malaysia restricts with out particular permission, triggered a authorities investigation. Officers discovered no foul play, however shut the challenge down anyway over separate licensing points.

Srinivasan hasn’t slowed down. Hours later, he posted a video signing a deal to open a brand new campus in Kazakhstan.

I’m happy to announce {that a} memorandum of understanding has been signed between the Republic of Kazakhstan and Community Faculty. Our new campus will develop into a haven for world techno-optimism, with expedited visas, streamlined redomiciliation, and energetic recruitment of expertise. pic.twitter.com/R20i8UAYoc

— Balaji (@balajis) July 21, 2026

Balaji Srinivasan believes America is heading towards collapse. So he got down to construct his personal nation as a substitute. The previous Coinbase CTO spent two years working the Community Faculty in a ghost metropolis in Malaysia, the place founders paid $1,500 a month for room, board and lessons on a campus that additionally included a high-end gymnasium and meals designed by longevity guru Bryan Johnson, in line with the Wall Road Journal. The plan known as for on-line communities to pool assets and finally declare sovereignty.

However residents complained of moldy rooms, no nightlife and an absence of ladies. An Instagram publish claiming the varsity housed Israeli residents, which Malaysia restricts with out particular permission, triggered a authorities investigation. Officers discovered no foul play, however shut the challenge down anyway over separate licensing points.

Srinivasan hasn’t slowed down. Hours later, he posted a video signing a deal to open a brand new campus in Kazakhstan.

I’m happy to announce {that a} memorandum of understanding has been signed between the Republic of Kazakhstan and Community Faculty. Our new campus will develop into a haven for world techno-optimism, with expedited visas, streamlined redomiciliation, and energetic recruitment of expertise. pic.twitter.com/R20i8UAYoc

— Balaji (@balajis) July 21, 2026





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Tags: Balaji SrinivasanBuildingCoinbaseCTOfoundersMalaysiaMillionsNetwork SchoolNews and TrendsshutSilicon ValleySpentTechtechnologyutopiaUtopian societies
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