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.


Coinbase is Looking for Tactical Chauffeurs With 'Remote Wilderness First Aid' Skills

30 Mar 2022 2 minute read 8 comments Allen Taylor

Coinbase is looking for body guards with “tactical driving skills” and “remote wilderness first aid” experience. This makes me wonder what’s going on in the head of CEO Brian Armstrong. Do you think he’s planning a corporate retreat to Kilimanjaro, o...

Debate: Will the U.S. Ban Bitcoin (Ever)?

28 Mar 2022 1 minute read 3 comments Allen Taylor

Bitcoin is now over $47,000, its highest since January. Former U.S. presidential candidate Ron Paul believers bitcoin could still be banned. Shark Tank’s Kevin O’Leary, however, says it will never be banned because it holds too much “economic promise...

Does Google Really Want a 'Non-Fungible' Planet? And Madonna Lost Her Metaverse Virginity? Wow!

26 Mar 2022 2 minute read 9 comments Allen Taylor

Google has co-opted the word “Non-fungible” to use as an environmental statement with its trademark application for “non-fungible planet.” Can you smell the irony? Earlier this week, Terra blockchain announced it had purchased $125 million in bitcoin...

6 Cryptosocial Media Platforms I Highly Recommend (Is Publish0x One of Them?)

25 Mar 2022 8 minute read 20 comments Allen Taylor

Since 2018, I’ve identified hundreds of new projects tinkering with cryptosocial media applications. Many of them have died. Others are on the brink of falling off a cliff. Still, many more are alive and kicking. What I’m calling cryptosocial media g...

Vitalik Buterin Says Crypto Is Headed Toward a Dystopian Future

23 Mar 2022 2 minute read 3 comments Allen Taylor

Is Ethereum winning the blockchain race? Many analysts think so. Founder Vitalik Buterin, however, is critical of the way cryptocurrencies are being used—specifically with regard to NFTs. He sees a dystopian future. The sad reality is Ethereum itself...

Ukraine Legalizes Bitcoin, Coinbase Gets Sued, and The History of NFTs

21 Mar 2022 2 minute read 0 comments Allen Taylor

Ukraine has officially legalized bitcoin. In related news, are you keeping up with the bitcoin runner? He’s traveled to seven countries on foot and has 33 more to go, spending only bitcoin on the way. And if you’re wondering about running a bitcoin n...

TIME Issues NFT Magazine, Binance Leaves Ontario, and Second Life Creator Criticizes Facebook Metaverse

19 Mar 2022 1 minute read 2 comments Allen Taylor

TIME Magazine releases entire issue as an NFT. Meanwhile, GameStop plans to launch an NFT marketplace. Binance has left Ontario. But are they cooperating with Russia? Crypto lender BlockFi was the target of a breach that led to personal data of custo...

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...