Sat. Sep 28th, 2024

This is an opinion editorial by BitcoinActuary, an actuary based in the U.K.

I’ve recently returned from spending a long weekend with around 200,000 others at one of the loves of my life, Glastonbury Festival. The 2023 version of this annual music festival was

Glastonbury have long been ahead of the curve in making sweeping changes ahead of others. In 2007, it eliminated ticket touts and scalpers in one fell swoop by including festival goers’ photos on tickets. In 2019, it banned single-use plastic bottles entirely from the site, and in 2023, around 22,000 tickets were sold specifically for festival goers traveling by bus. Might it also get ahead of the curve in embracing Bitcoin?

Admittedly, probably not, based on any current evidence. But I would say to Michael and Emily Eavis, the organizers of the event: Dig a little deeper than the current, skewed output on display from mainstream publications in the U.K. There is much more to Bitcoin than first meets the eye.

Michael Eavis confirmed in this year’s festival program that the local council has now issued a license for them to hold the festival in perpetuity. This must feel particularly sweet, given his struggles with them over the years. For Glastonbury, it seems, there will always be another year. And so too for Bitcoin.

This is a guest post by BitcoinActuary. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.