Brock Pierce is perhaps the most famous person in the world of cryptocurrency. He got married at Burning Man, and has much more time for Burners than civilians. He and his friends are living in a Monastery and building a permanent city in Puerto Rico called Sol: a Phoenix rising from the devastation of Hurricane Maria.
See the whole interview with Brock and Tai Lopez here.
SAN JUAN, P.R. — They call what they are building Puertopia. But then someone told them, apparently in all seriousness, that it translates to “eternal boy playground” in Latin. So they are changing the name: They will call it Sol.
Dozens of entrepreneurs, made newly wealthy byblockchain and cryptocurrencies, are heading en masse to Puerto Rico this winter. They are selling their homes and cars in California and establishing residency on the Caribbean island in hopes of avoiding what they see as onerous state and federal taxes on their growing fortunes, some of which now reach into the billions of dollars.
And these men — because they are almost exclusively men — have a plan for what to do with the wealth: They want to build a crypto utopia, a new city where the money is virtual and the contracts are all public, to show the rest of the world what a crypto future could look like. Blockchain, a digital ledger that forms the basis of virtual currencies, has the potential to reinvent society — and the Puertopians want to prove it.
So this crypto community flocked here to create its paradise. Now the investors are spending their days hunting for property where they could have their own airports and docks. They are taking over hotels and a museum in the capital’s historic section, called Old San Juan. They say they are close to getting the local government to allow them to have the first cryptocurrency bank.
Why devote a year’s worth of energy to building something that is destroyed in minutes? I mean, don’t get me wrong, that can be fun the first few times you do it. Is that all there is though, the pinnacle of Self-Expression is destruction? What about other values, Civic Responsibility, Communal Effort, Immediacy? We can take all the creative and artistic talent, brainpower, networks, and newly minted crypto capital of the Burner community and use that to do permanent good, helping others in need. Gifting things that make a lasting impact to many.
BMorg might tell you “but that’s what we do, Burners Without Borders”! Unfortunately the most recent financial data we have says that they spent less than $8000 on these projects in 2015 and 2016, years in which they took in more than $80 million.
At this point the chances of Decommodification, Inc and their ever-expanding year-round crew saving the world are pretty slim. They would have to become something they quite clearly are not. Look at Flysalen, 2 years to figure out a vision for that, hundreds of people plotting world domination in the hot tub at Esalen…still nothing. Burners, on the other hand? We know how to get shit done. We can make the world a better place. Many of us already are, like SHELTERCOIN. Puerto Rico needs our help, there are many other disaster-devastated destinations. Why destroy stuff when you can rebuild homes and restore communities?
Or, we can just do the same hedonistic debauched thing every year in the same way, the only thing changing is ticket prices going up and lines getting longer while the quality of the crowd goes down. Eat, sleep, Burn, repeat, forever and ever and ever…
While the Best Coast has just about legalized the growth & sale of cannabis from the Mexican to Canadian borders, us poor unfortunate souls stuck in New England, the Mid-Atlantic, and what’s traditionally thought of as the Deep South, remain mired in drug reform purgatory. In New York state, medical cannabis laws allow for purchase of concentrates, edibles and, non-plant matter containing products that have THC/CBD, but dispensaries are few & far between, and there is a steep fee to obtain an MMJ license. In Massachusetts, cannabis became legal a full year before dispensaries are allowed to open, providing legal cover to people who can already access the stuff, while propagating the same patterns of arrest and harassment of gray/black market channels as before the law was passed. We’ve seen similar patterns of arrest for dealers who don’t play by the “tax stamp” rules in Colorado, but Washington DC takes the cake when it comes to cannabis market dysfunction.
In Washington DC, cannabis was legalized, but a congressional committee gets to review all laws the District of Columbia passes. Some asshole named Andy Harris, an anesthesiologist member of the “Freedom Caucus” who opposes the cannabis legalization, got a rider passed that prohibited DC from spending cash on figuring out how to tax or regulate pot. So, it remains legal to possess, but illegal to buy or sell. While this is one of the dumbest things you’ll hear all month, that hasn’t stopped DC. Businesses all over the city have started selling mugs, t-shirts, calendars, and tons of other swag with “a little something.” With DC police in no hurry to stamp out anything but the most in your face abuse of this system, we’re starting to see what happens when something that starts as Mutual Aid or gifting, turns into a market economy.