Indian-American entrepreneur buys island near Singapore using Bitcoin

[glockman]

Which island did this shitskin buy? Ubin, Kusu Island, St John, Sisters Island, Sentosa?

Indian-American entrepreneur buys island near Singapore using Bitcoin to build a nation for techies, startup founders​

ET OnlineLast Updated: Jul 02, 2025, 10:34:00 AM IST

Indian-American entrepreneur and investor Balaji Srinivasan has launched an educational program on a private island near Singapore. The initiative is part of his broader effort to create a decentralised, digital-first nation known as a “Network State.” The project was revealed through a post on Instagram by user Nick Peterson, who is participating in the three-month “Network School” started by Srinivasan. Peterson described the location as a private island, which will serve as a testing ground for Srinivasan’s long-term vision.

Who is Balaji Srinivasan?​

Balaji Srinivasan is an Indian-origin technology entrepreneur and investor. He has co-founded Counsyl, served as the Chief Technology Officer of Coinbase, and was a General Partner at the venture capital firm Andreessen Horowitz.

Born to physician parents who migrated from Tamil Nadu to the United States, Srinivasan holds BS, MS, and PhD degrees in Electrical Engineering from Stanford University.

What is the Network State vision?​

Srinivasan is working to build what he calls a “Network State” — a global, digital-first, decentralized community made up of like-minded individuals. These communities are built around shared goals and values, often focusing on innovation, cryptocurrency, individual liberty, and technological advancement.

According to Srinivasan, the goal is to “revitalize democracy for the internet era” and to promote “truth, health, and prosperity” through personal, physical, and professional growth. Values at the core of the initiative include longevity, decentralisation, and education.

About the Network School​

The Network School was launched in September 2024. It is designed as a three-month, in-person program for startup founders and fitness-focused individuals. The school acts as a live pilot for Srinivasan’s broader ambition to develop network states that begin online and evolve into real-world, self-governing communities.

The location of the island​

In a Substack post published in August 2024, Srinivasan revealed that he had acquired an island near Singapore to launch the school.

“We got an island. That’s right. Through the power of Bitcoin, we now have a beautiful island near Singapore where we’re building the Network School,” said Srinivasan.

He described the school as a place to develop what he referred to as the “dark talent of the world.”

What comes next?​

The Network School is seen as the first step toward building a physical base for Srinivasan’s network state vision. The success of this pilot program may determine how and where such digital communities take shape in the future.


Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst

 

[syed putra]

Could be forest city.

 

[Narong Wongwan]

No worries if this fails chow ah neh will pivot to become next scam center ala KK park

 

[k1976]

Which island did this shitskin buy? Ubin, Kusu Island, St John, Sisters Island, Sentosa?

Indian-American entrepreneur buys island near Singapore using Bitcoin to build a nation for techies, startup founders​

ET OnlineLast Updated: Jul 02, 2025, 10:34:00 AM IST

Indian-American entrepreneur and investor Balaji Srinivasan has launched an educational program on a private island near Singapore. The initiative is part of his broader effort to create a decentralised, digital-first nation known as a “Network State.” The project was revealed through a post on Instagram by user Nick Peterson, who is participating in the three-month “Network School” started by Srinivasan. Peterson described the location as a private island, which will serve as a testing ground for Srinivasan’s long-term vision.

Who is Balaji Srinivasan?​

Balaji Srinivasan is an Indian-origin technology entrepreneur and investor. He has co-founded Counsyl, served as the Chief Technology Officer of Coinbase, and was a General Partner at the venture capital firm Andreessen Horowitz.

Born to physician parents who migrated from Tamil Nadu to the United States, Srinivasan holds BS, MS, and PhD degrees in Electrical Engineering from Stanford University.

What is the Network State vision?​

Srinivasan is working to build what he calls a “Network State” — a global, digital-first, decentralized community made up of like-minded individuals. These communities are built around shared goals and values, often focusing on innovation, cryptocurrency, individual liberty, and technological advancement.

According to Srinivasan, the goal is to “revitalize democracy for the internet era” and to promote “truth, health, and prosperity” through personal, physical, and professional growth. Values at the core of the initiative include longevity, decentralisation, and education.

About the Network School​

The Network School was launched in September 2024. It is designed as a three-month, in-person program for startup founders and fitness-focused individuals. The school acts as a live pilot for Srinivasan’s broader ambition to develop network states that begin online and evolve into real-world, self-governing communities.

The location of the island​

In a Substack post published in August 2024, Srinivasan revealed that he had acquired an island near Singapore to launch the school.

“We got an island. That’s right. Through the power of Bitcoin, we now have a beautiful island near Singapore where we’re building the Network School,” said Srinivasan.

He described the school as a place to develop what he referred to as the “dark talent of the world.”

What comes next?​

The Network School is seen as the first step toward building a physical base for Srinivasan’s network state vision. The success of this pilot program may determine how and where such digital communities take shape in the future.


Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst

Is that why many bikini Chiobu go offshore islands ?

 

[bobby]

Indian American

American Indian

 

[bigozt]

Uptron reloaded???

 

[k1976]

Over the past year, "bitcoin whales" have dumped over 500,000 BTC, institutionalised take backs and stabilised the market​

By: Russell Thompson | yesterday, 21:44

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Over the past 12 months, the crypto market has undergone a quiet but powerful shift: large private holders of bitcoin - the so-called "whales" - have sold off more than 500,000 BTC (at current exchange rates ≈ $50 billion). But these coins did not go nowhere: they were happily bought by institutional investors, cumulatively building up their positions to almost 900,000 BTC. As a result, the market is becoming less chaotic and more "mature" - with less volatility and new rules of the game.

Why are "whales" selling out?​

We are talking about early investors, crypto miners, offshore wallets and unidentified "old-timers" of the network, who bought BTC back at prices of $100-$1,000 and for years held significant volumes - from 1,000 to 10,000 BTC. Analysts assume that some of them started to "cash out", fixing multiple profits. Some simply as part of portfolio rebalancing, others because of worsening regulation or approaching retirement age (literally).

Particular activity was noted in the first quarter of 2025 as bitcoin climbed above the $90,000 mark - whales started to exit and funds started to actively enter.

Who is replacing them?​

According to Bloomberg and 10x Research, the main buyers have been large funds and institutional players: these include ETFs (e.g., BlackRock, Fidelity, Ark Invest) as well as corporate traders like MicroStrategy. Pension funds, asset managers and private banks are also among the buyers.

According to reports, institutional investors now own about 25% of all BTC issuance - that's more than 4.8 million coins - making them the largest ownership class. By comparison, whales (addresses with 1,000-10,000 BTC) saw their share drop by nearly 10% over the year.

Institutional investors own about 4.8 million coins out of the roughly 20 million bitcoins in circulation. Illustration: 10x Research

What's making a difference.​

1. Declining volatility.
   According to Deribit, BTC's 30-day realised volatility has hit a two-year low. This is due to institutionalists tending to hold positions longer and not reacting to harsh news or Ilon Musk's tweets.
2. Changing growth model.
   With the arrival of institutionalisation, the BTC market is becoming more "gold-like" - not a hype drive, but long-term capital protection. This means less speculative spikes, but also more stable capitalisation.
3. Fund effect.
   ETFs are becoming the new gateway to the market for retail - more people are buying bitcoin through regulated instruments rather than directly into wallets.

But there are risks​

Analysts warn: if capital flows into ETFs slow down and the former "whales" continue to sell, it could lead to short-term drawdowns. In addition, institutional concentration carries systemic risks: if one of the major players falls under sanctions or goes bankrupt, it could hit the market hard.