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.


Tom Brady's NFT Platform Raises Millions to Scale

21 Jan 2022 1 minute read 0 comments Allen Taylor

You probably know this already, but crypto tumbled again over night. In the last 24 hours, bitcoin has slid 7 percent and now trades at less than $40,000. Ether fell 8 percent, to below $3,000. What do you think? Will it fall some more? Did you know...

The U.S. Can Maximize Freedom With a CBDC

19 Jan 2022 1 minute read 4 comments Allen Taylor

As you probably know, Wikipedia is the de facto encyclopedia of the Internet. It’s so well-respected, they’ll let anyone write or edit its content. Even your Uncle Jack who dropped out of seventh grade because he flunked gym. Well, guess what? The Wi...

Walmart Wants To Be a Part of the Metaverse

17 Jan 2022 1 minute read 0 comments Allen Taylor

Make room! Walmart wants into the metaverse. Crypto enthusiasts forget … NFTs are not the center of the universe. As these gaming companies know all too well, not everyone likes non-fungible tokens. Some people are quite angry about them. A MUST READ...

Which Crypto Entrepreneur Made the Bloomberg Billionaire List?

15 Jan 2022 2 minute read 0 comments Allen Taylor

Binance CEO CZ has become the 12th richest billionaire on the planet. Bloomberg has him listed in the “Finance” category, four spaces behind Warren Buffett, who is listed as “Diversified.” Arkansas is offering $10,000 in bitcoin for tech workers and...

Ethereum 2.0 Total Locked Value Hits a New Record, and Tether is Freezing Accounts--Again

14 Jan 2022 1 minute read 8 comments Allen Taylor

The Total Value Locked in Ethereum 2.0 hit $30 billion this week. Could 2022 be the consummation of the proof-of-stake migration for ETH? Tether has frozen three accounts on the Ethereum blockchain that hold more than $160 million in USDT. For at lea...

Login with Unstoppable is Better Than OAuth and 2FA

12 Jan 2022 2 minute read 0 comments Allen Taylor

Unstoppable Domains has launched Login with Unstoppable. This appears, to me, to be a much better option than OAuth. Buy a domain name that you own for $100 or less and never pay renewal fees. Then use that domain name to login to any site connected...

Why Centralization is a Problem in the 21st Century

10 Jan 2022 2 minute read 4 comments Allen Taylor

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

Bitcoin Crashed and Coinbase Punched Tether While GameStop Assembles an NFT Team

8 Jan 2022 3 minute read 1 comment Allen Taylor

In the last few weeks, bitcoin has been holding fairly steady close to the $50,000 range. But Thursday afternoon, the price of bitcoin plunged almost to $41,000. Some prognosticators are tying the drop to the Fed’s announcement on interest rate rises...

There Are Many Practical Blockchain Applications

6 Jan 2022 2 minute read 5 comments Allen Taylor

When primitive man wanted to travel from Argos to the banks of the Yellow River, he invented a circular object and called it a wheel. In those days, traveling farther and faster meant more cash in the war treasure and greater leverage for trade. The...

Cryptosocial: How Cryptocurrencies Are Changing Social Media - Target 100 Advance Readers

4 Jan 2022 2 minute read 3 comments Allen Taylor

Many of you already know that I’ve written a book about cryptosocial media. In fact, Cryptosocial: How Cryptocurrencies Are Changing Social Media will be the first book published about cryptosocial media. It’s due to publish in March through Business...