Burners Building Crypto-Utopia in Puerto Rico

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.

The New York Times picked up this story:

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 by blockchain 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.

For more than a year, the entrepreneurs had been searching for the best location. After Hurricane Maria decimated Puerto Rico’s infrastructure in September and the price of cryptocurrencies began to soar, they saw an opportunity and felt a sense of urgency.

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.

Read the rest at the New York Times.

This sounds like a great use of Burner power.

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…

 

CryptoBeast #6 – A World of Infinite Love and Abundance

How do we make the world a better place? Is it by paying $1200 for Burning Man tickets, dropping acid and partying for a week half naked on a bicycle? Isn’t going to festivals just another form of commodification?

New technology is offering new opportunities to truly attain freedom – not just financial independence, but lifestyle independence. Burning Man used to be about rejecting the Default world and embracing something new and better. Now that action has shifted to the blockchain.

The Big Picture

 

andrew-johnstone-cargo-cult-lancashire

Image: This is Lancashire

Black Rock City was designed by Rod Garrett, a member of the Beat Generation. His apprentice Andrew Johnstone from American Steel took over Rod’s role when he passed away, becoming Design Steward of the Man. He designs The Man Base every year with Larry Harvey.

His side project is to address the $20 billion a  year in the US ($100 billion worldwide) being spent wasted removing graffiti. Give the kids paintbrushes, and save on aerosol cans; give them permission, and turn them into artists. This is art literally transforming peoples’ lives.

An amazing project, Mr Johnstone deserves to be commended. This seems to be exactly the type of thing that the Burning Man Project was granted a tax exemption for. Andrew has a @burningman.org address, he’s definitely an insider. So why haven’t we heard anything about this at burningman.org? Why no glowing stories in the BJ?

Perhaps it is because the last thing anyone would want to do with at-risk teenagers is bring them to Burning Man, and expose them to the world’s biggest market of temptation, where everything is free including sex, drugs, and EDM.

Or perhaps the project doesn’t need support, since the Tides Foundation is behind it. Tides is a notorious George Soros front, with further financial muscle from the Rockefeller, Ford, and Heinz Foundations.