Cryptocracy

Cryptocracy

Hot news and analysis from the world of cryptocurrencies. No hype, just the facts plus a little snark. Delivered from an award-winning journalist, former newspaper editor, and world-class content strategist.


Why Cryptoeconomies Are Different Than Real-World Economies

23 Mar 2021 6 minute read 4 comments Allen Taylor

It doesn’t take long before someone new to cryptocurrencies discovers some similarities, and a few differences, with real-world economics. In fact, at the most basic level, there is no difference at all. All currency values are directly tied to the l...

Why 2013-2020 Are the Gold Rush Days of Cryptocurrency

19 Mar 2021 4 minute read 2 comments Allen Taylor

CoinMarketCap launched in 2013 ushering in a new era in cryptocurrencies. The pioneering days were over and the gold rush era began. Since then, CoinMarketCap has become one of the most trusted sources of information on cryptocurrency valuations and...

Is Social Media Ready to Be Decentralized?

17 Mar 2021 3 minute read 21 comments Allen Taylor

In my last post on decentralization, I talked about how the early internet was decentralized but slowly morphed into the centralized web we have today. I also shared that I don’t think decentralization will cure all the ills of the modern internet. I...

5 Social Media Events Crypto Entrepreneurs Must Learn From

12 Mar 2021 5 minute read 5 comments Allen Taylor

Social media has a history that predates the internet itself. Usenet groups were early decentralized messaging applications that utilized the basic infrastructure of the internet for one-to-many communications long before the World Wide Web transform...

3 Problems Cryptosocial Media is Trying to Solve

10 Mar 2021 6 minute read 8 comments Allen Taylor

Technology is often a double-edged sword, solving one problem while creating another. When that happens, someone else comes along and solves the new problem. That process may take years. The cell phone, for instance, didn’t see the light of day until...

Going Ape While Coveting Your Neighbor's NFT

6 Mar 2021 1 minute read 4 comments Allen Taylor

There’s some awesome news in crypto this week. Just when you thought there weren’t enough payment gateways, Bitfinex comes through with one for cryptocurrencies. It works a lot like a PayPal Buy Now button. Bitcoin SV now has its first decentralized...

Blockchain Technology is Changing Social Games: Here's How

3 Mar 2021 3 minute read 3 comments Allen Taylor

Online games have been popular since the word “online” has been used as an adjective. The earliest online games were extensions of video games that were popular in the 1980s and 1990s. But one particular type of game—massively multiplayer online role...

Coinbase's IPO, Yellen's Digital Dollar, and Your Grandma's Retirement

27 Feb 2021 1 minute read 0 comments Allen Taylor

There’s some awesome news and analysis in crypto this week. Let’s see a few stories, shall we? Coinbase filed for an IPO. In its filing documents, the company reported a net revenue in 2020 of $1.14 billion and a net revenue of $322 million. In 201...

Could Blockchain Technology Solve These Social Media Scandals?

26 Feb 2021 4 minute read 11 comments Allen Taylor

From the early days of usenet groups and internet bulletin boards to modern social media platforms like Facebook and Twitter, there have been controversies that make some people cast a crooked eye at social media, the internet, and human nature. Pers...

Is Decentralization Really a Big Deal?

23 Feb 2021 3 minute read 3 comments Allen Taylor

Blockchain and cryptocurrency enthusiasts often point to decentralization as one of the key features and most important benefits to bitcoin and its underlying technology. I won’t argue with the point, but what exactly is so important about decentrali...