THE WORLD'S first floating city will boast its own government and cryptocurrency when it lays roots in the South Pacific in 2022, claim its backers. Building work on this isolated "utopia" will begin next year following the signing of an agreement with French Polynesia's government in 2017. The floating town is the brainchild of the Seasteading Institute, a non-profit co-founded by tech billionaire Peter Thiel (who sits on Facebook's board and is a former adviser to US President Donald Trump). It's teaming up with a private entity called Blue Frontiers to build 300 houses on a seaborne platform off the...