Ukraine Stretches Crypto Donations to $34 Million 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 frustrations. https://www.youtube.com/channel/UCtk9AL0MOjA8OOK8Dc1EJQg **And now, without further ado …** Ukraine’s total tally, so far, on crypto donations is **$34 million**.…
@cryptocracy in March 2022
Things Got Weird After Ukraine Asked for Crypto Donations 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 as a “**lifeline**.” While Binance won’t block crypto addresses for all Russians, they are **not accepting crypto bank cards** from sanctioned Russian banks. *The…
My Crypto Earnings in February 2022 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 Earnings Loop Markets I’m impressed with the earnings I’ve received from Loop Markets. It is the clear winner, month to month. However, there is still that lingering frustration that, from time to…
CVS to Sell NFT Drugs in the Metaverse 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**. https://blockworks.co/cvs-files-for-nft-related-trademarks-in-the-metaverse/ https://www.goodrx.com/drug-guide Coinbase explains how it complies with **sanctions against Russia**.…
Cryptosocial: How Cryptocurrencies Are Changing Social Media on Pre-Order 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: https://www.amazon.com/Cryptosocial-Cryptocurrencies-Changing-Social-Media/dp/1637421834 **Amazon**…
Is the Executive Order on Digital Assets Good for Cryptocurrencies? 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? https://www.whitehouse.gov/briefing-room/statements-releases/2022/03/09/fact-sheet-president-biden-to-sign-executive-order-on-ensuring-responsible-innovation-in-digital-assets/ First, let’s keep in mind that the category of “digital…
UK FCA Says Crypto ATMs Are Not Legal--Huh? 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 dying any time soon, passing on bitcoin and other cryptocurrencies to your heirs may be **harder than it sounds**. *You could need a lawyer.*…
The EU May Ban Bitcoin, But It Will Be Close 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 has a future, but **what is it**, and can it **protect capital against inflation**? Is it more like Gold 2.0 or **Reserve Asset 3.0**?…
MetaMask: More Than 30 Million Users 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 regarding CAG intellectual property. ConsenSys is the company that developed MetaMask and the lawsuit reveals that **JPMorgan owns stake** in that asset, which shareholders weren’t…
How To Earn Facebook's Fictitious Cryptocurrency 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 that would have on user experience. Otherwise, Facebook could theoretically operate much the same way it does today with the added benefit to users that they could earn…
TIME Issues NFT and WIRED Journalist Creates a DAO TIME Magazine releases **entire issue as an NFT**. Meanwhile, GameStop plans to launch an **NFT marketplace**. https://time.com/6158525/time-releases-first-ever-nft-magazine-issue/ https://www.bloomberg.com/news/articles/2022-03-17/gamestop-misses-earnings-estimate-to-launch-nft-marketplace Binance has **left Ontario**. But are they **cooperating with Russia**?…
Ukraine Legalizes Bitcoin and Coinbase Gets Sued Ukraine has officially **legalized bitcoin**. https://bitcoinmagazine.com/markets/ukrainian-president-zelensky-signs-law-legalizing-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 node, you’ll want to look at **the advantages**.…
Why Vitalik Buterin Says Crypto is Going Dystopian 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 is the leading NFT platform and Buterin says that’s **not what the blockchain was built for**. One little tweak, says *Fortune*, is all it will take to **fix Ethereum’s…
6 Cryptosocial Media Websites I Love (Is Read.Cash Among Them?) 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 goes by other names, but I prefer *cryptosocial* media as an all-embracing term. The reason is simple: The basic framework is still social media. The twist is the…
Madonna Loses Metaverse Virginity 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****?* https://www.coindesk.com/business/2022/03/25/google-files-trademark-for-non-fungible-planet/ https://qz.com/1267709/every-google-search-results-in-co2-emissions-this-real-time-dataviz-shows-how-much/ Earlier this week, Terra blockchain announced it had purchased…
Will the U.S. Ever Ban Bitcoin? 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.” Exxon wants to slash emissions, so it’s **mining bitcoin in North Dakota**. Ups and downs aside, they won’t be accepting bitcoin as legal tender **in Malaysia** any time soon.…
Coinbase Wants Body Guards With Tactical Driving Skills 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, or some remote region of Ukraine?* https://decrypt.co/96221/coinbase-bodyguard Ripple Co-founder Chris Larsen has partnered with Greenpeace and Sierra Club on a proposal…