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.


gFam, Publish0x, and Hive Deliver the Cryptosocial Earnings in July 2022

5 Aug 2022 5 minute read 4 comments Allen Taylor

After a decline in earnings the past few months, I saw my cryptosocial earnings go up some in the month of July—back to where they were before the decline. A few things can be attributed to this rise: First, I added a new platform to my posting rou...

KYC Undermines Bitcoin, Binance Issues First Soulbound Token

3 Aug 2022 3 minute read 0 comments Allen Taylor

How KYC undermines the best thing about bitcoin (IF YOU READ NOTHING ELSE IN THIS NEWSLETTER, READ THIS). Man in jail for operating Bitcoin Fog says he never started the money laundering scheme and had nothing to do with it. At issue here is whether...

Vitalik Buterin Predicts Meta's Metaverse Will Be Big Failure

1 Aug 2022 3 minute read 16 comments Allen Taylor

Ethereum Cofounder Vitalik Buterin says Meta’s metaverse will fail. Meta has made two attempts to create a digital currency and both have failed. I agree with Buterin. If Meta successfully launches a metaverse, it won’t be THE metaverse. Fidelity lea...

BTC Couldn't Care Less About a Recession

30 Jul 2022 3 minute read 3 comments Allen Taylor

Let me remind you of this: If you’re reading this newsletter anywhere other than Substack, you could miss some issues. The reason is because centralized social media platforms (and practically all of them are centralized to some degree) could restric...

From Bitcoin's Biggest Single-day Gain in 6 Weeks to Solana's CryptoPanties

29 Jul 2022 3 minute read 3 comments Allen Taylor

Bitcoin sees biggest single-day gain in six weeks. But could that be a fakeout? Ethereum is the most-trending cryptocurrency. The Merge has everyone talking, and anticipating. The blockchain only has one testnet to go before completing its Merge. Its...

Facebook, Cancel Culture, and Web3: This is Why Now Is The Time To Transition

27 Jul 2022 7 minute read 10 comments Allen Taylor

Since the day I entered the crypto space in 2018, I’ve heard the warnings about the threats that Web2 platforms like Facebook and Twitter pose to personal security and content freedom. I’ve witnessed vicariously through the headlines the devastation...

What Will Become of Ethereum After the Merge? Will It Be a Security? Deflationary? What Else?

25 Jul 2022 2 minute read 18 comments Allen Taylor

Researchers say The Merge is Ethereum’s chance to flip bitcoin, but will it then be classified as a security? Will Ethereum be deflationary when The Merge is complete? Is Ethereum a better long-term buy than bitcoin? Is the crypto market now poised f...

Bitcoin Mining Difficulty Drops to 5% While Ethereum on Exchanges Hits 4-Year Low

23 Jul 2022 3 minute read 0 comments Allen Taylor

Bitcoin mining difficulty drops to 5 percent, but has the bitcoin mining winter arrived? China’s financial crisis and the strengthening U.S. dollar could have stark implications for bitcoin. Ethereum held on exchanges hits a 4-year low and Ethereum 2...

7 Crypto Red Flags That Are Actually Red Herrings

22 Jul 2022 5 minute read 0 comments Allen Taylor

Tesla sold 75 percent of its bitcoin holdings. CEO Elon Musk says the company may buy more bitcoin in the future. Musk said his company is shoring up cash, which is typical for large companies in an economic downturn. A former U.S. Coinbase employee...

Introduction to Hive - Free Microclass

21 Jul 2022 1 minute read 11 comments Allen Taylor

For about three months now, I’ve been working with Ryan Gerardi at Autoconversion on a new initiative called Blockchain Crypto Pros. This is a unique opportunity for people from all walks of life to gather and learn about cryptocurrencies and how the...