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.


How Bob the Facemeister Would Earn Facebook's Cryptocurrency If There Was One

18 Mar 2022 11 minute read 6 comments Allen Taylor

It’s not difficult to imagine what Facebook might look like today if a cryptocurrency had been embedded in the business plan from the beginning. The only thing that might have changed is the underlying technology of the platform and whatever effects...

MetaMask Passes 30M Users While Creator ConsenSys Hits $7B Valuation

16 Mar 2022 3 minute read 3 comments Allen Taylor

MetaMask has surpassed 30 million users and is planning a DAO and its own token. Somehow, this little drama involves Joseph Lubin, founder of ConsenSys. A group of ConsenSys AG shareholders sued Lubin earlier this year over alleged irregularities reg...

Will the EU Ban Bitcoin? + The Top 5 Ethereum NFT Projects and Their Investing Floors

14 Mar 2022 2 minute read 3 comments Allen Taylor

The European Union is considering a ban on bitcoin, but it could be too close to call. However, bitcoin’s hashrate has jumped 15 percent in 10 days. Mexican drug cartels are funding operations to the tune of $25 billion a year. It sounds like bitcoin...

UK Financial Authority Says Bitcion/Crypto ATMs Are Illegal

12 Mar 2022 2 minute read 0 comments Allen Taylor

The United Kingdom’s Financial Conduct Authority has declared crypto ATMs illegal in the UK. El Salvador wants to launch a bitcoin-backed bond, but it’s waiting for the right time—a key factor being the Russia-Ukraine war. But if you’re planning on d...

Executive Order on Digital Assets: Is It Good for Crypto?

11 Mar 2022 6 minute read 0 comments Allen Taylor

In the last few days, we’ve heard a lot about an executive order that President Joe Biden signed on Wednesday regarding digital assets. Is this a good thing or a bad thing? First, let’s keep in mind that the category of “digital assets” is broader th...

Cryptosocial: How Cryptocurrencies Are Changing Social Media Book Launches

9 Mar 2022 2 minute read 1 comment Allen Taylor

Folks, I’m proud to say that my long-awaited book Cryptosocial: How Cryptocurrencies Are Changing Social Media has finally been place on pre-order. It goes live for public consumption tomorrow. You can purchase the book at any of the following venues...

CVS to Be First Drug Store to Sell NFT Pharmaceuticals in the Metaverse

7 Mar 2022 1 minute read 2 comments Allen Taylor

CVS pharmacy wants to be the first drugstore to sell NFTs in the metaverse, and they’ve filed a trademark application to sell downloadable virtual merchandise. Because when your cholesterol is too high, what you really need is a non-fungible Lipitor....

February 2022 Cryptosocial, Presearch, and Staking Earnings

5 Mar 2022 8 minute read 3 comments Allen Taylor

I intended to create this report yesterday but forgot. My apologies. You get to see it today instead. The following is how much crypto I earned in February 2022 through cryptosocial media platforms and protocols, and staking. Cryptosocial/Search Earn...

Ukraine Asked for Crypto Donations, Then Things Got Weird

4 Mar 2022 2 minute read 0 comments Allen Taylor

Coinbase and Binance will not ban all Russians from using their platforms. A Binance spokesperson said they will not “unilaterally freeze millions of innocent users’ accounts.” Coinbase CEO Brian Armstrong said ordinary Russian citizens use bitcoin a...

Ukraine Has Raised $34M in Crypto Donations While Russians Go On a Buying Spree

2 Mar 2022 2 minute read 0 comments Allen Taylor

I woke up this morning thinking I wasn’t going to send a newsletter because I forgot to charge my computer. Now the sun is out and I’ve got solar. Charging it as we speak. Traveling while running my business is a great blessing, but it has its frustr...