Photo Credit To Sandhya Ron Via Flickr

It is a universal truth that many Burning Man enthusiasts love crypto. Lovers of the annual Burning Man event held in Nevada, which is based around openness and a unique style of governance love crypto. A few years ago, attendees of the ceremony were the rogues. However, they are considered mainstream today.

Crypto Experts Have a Voice

Many burning world enthusiasts have embraced crypto. Many crypto experts often attended Burning Man events. They will usually spend many hours talking to fellow crypto experts and sharing ideas with others. 

If you want to learn about concepts that are shaping the crypto world, it is important to develop relationships with experts in the crypto world. One blockchain expert noted that blockchain technology was more of a movement than a technology. A good example of the use of star power to promote crypto is Brock Pierce, who held a wedding based around the blockchain.  One crypto enthusiast joked that the Burning Man event and crypto as so closely related that many crypto projects delay their announcements until after the event. 

Both Movements are growing

The Burning Man event, just like the crypto movement, has experienced continuous growth in the last 10 years. In 2017, the non-profit received $3.7 million from donors after they deducted expenses. This year’s event is expected to attract around 70,000 people. It is going to begin on August 25, 2019.  

One former global ambassador for the Burning Man event note that most attendees are from the tech world. She noted that it was natural for the event to inspire many from the tech world. She added that the consensus mechanism of the tech was a great alternative to centrally-controlled entities. 

Bad Publicity

The Burning Festival tends to receive bad publicity from the media. While this event has a hedonistic theme to it, there is still a lot to learn from it. One official noted that a major challenge was keeping crypto communities open, effective, and scalable. 

Crypto Acceptance 

Clippinger, one of the organizers of the Burning Man event noted that in 2015 there was a major discussion about adding crypto to the event. The idea was eventually abandoned in 2018 when it was decided that crypto was too controversial. Clippinger noted that since Larry Harvey, the founder of the festival passed away, the community had entered a transitional phase, which would determine the future of crypto at the event. 

Going Old-School

Some old-school burners might complain that the Burning Man event has become too mainstream. However, market growth and corporate interests are intertwined. An official of the event noted that Bitcoin had helped only a small group of people become rich instead of helping to establish a cultural movement. 

Whether crypto lovers are attracted due to a love of freedom are simply to save the world, most major actors in the sector agree that the next few years will be important for crypto. Some think the event is a playground for rich people while others think it is an important social movement, which advocates for radical change; in reality, it is both. 

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