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Tech Moguls Want to Build a Crypto Paradise on a Native American Reservation


And hope to gobble up some land near you.

As journalist Gil Durán observed in a New Republic piece on Srinivasan last year, “Balaji’s politics have become even more stridently authoritarian and extremist, yet he remains a celebrated figure in key circles,” including multiple Signal chats that, Semafor reported in April, helped radicalize the Silicon Valley elite. A Thiel acolyte who has invested in Próspera and a nonprofit that aims to create floating cities at sea, Friedman told me that people in the network state movement had been “suggesting doing something on Native lands for 25 years.” We met at a gathering of pronatalists, a coalition of religious fundamentalists and eugenics-­curious techies who want Americans to have more babies. “It scares me that they are very clear about taking over.” A local restaurant owner added, “I don’t want to lose what we already have.” In response to Williams’ reporting, C.Jay Engel, a TheoBro who moved to the area to help launch a New Founding community, posted on X: “Phil and the entire journalist class at large are terrified that conservative Christians are asserting themselves in the face of dwindling media power.

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