Bitcoin and Cryptocurrency Enthusiasts Set To Take Burning Man Festival By Storm

Crypto worshippers are looking forward for the upcoming Burning Man festival in the Nevada desert. The festival has turned out to be a vital ground for various crypto related activities. After all, the Burning Man festival and crypto ethos have something in common, they operate on openness and seek to explore new governance models that has fewer rules.

According to CoinDesk, these days it is easy to sport crypto enthusiasts sticking together in different packs with well formed group camps such as Camp Decentral, CampDAO or Node Republic, which provide various blockchain seminars and talks as a composite of the festival’s offerings.

Speaking to CoinDesk, crypto investor Jeremy Gardner revealed that he has so far attended four Burning Man festivals where he has offered talks on blockchain technology at different camps.

According to Gardner, the Burning Man festival is a common ground to talk about various concepts shaping the society. The crypto entrepreneur says that he has developed deeper relations with individuals in the crypto space as the festival has turned out to be a superb bonding experience.

Gardner says that the crypto market slows down during the festival as crypto-based enterprises hold on major announcement waiting until the crypto enthusiasts attending the festival return home.

Bear Kittay who has worked as the festival organizer for years says that the Burning Man is mostly dominated by individuals working in the tech industry and, as such, has become a major meeting ground for crypto enthusiasts. Kittay is himself a holder of bitcoin and ethereum, plus an investor in the EOS startup Block.One.

The author of From Bitcoin to Burning Man and Beyond John Clippinger says that there are different similarities between the festival and the decentralization movement. He opines that the idea of converging different blockchain and crypto enthusiasts in the festival lies on the self-organizing and autonomous groups which is the exact goal of crypto worshippers.

It is expected that this year’s festival will not be different from the previous ones as crypto enthusiasts converge to share ideas.

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