@cryptocracy
@cryptocracy
Cryptosocial Media Earnings: March 2022 Going into this year, I thought I’d share my crypto earnings on social media. I added a new platform this month. **Bastyon** is built on its own blockchain and issues a cryptocurruency called PKOIN. Since it was my first month and I was active for only a few days, I didn’t earn much, but it looks like there could be some serious potential. Here’s the rundown on my earnings for March 2022.…
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The Scenario That Could Drive BTC Up to $4.8 Million Bitcoin’s upper mint limit is 21 million coins. Well, **19 million of them** have already been mined. The cool thing about bitcoin economics is this built-in scarcity. As the cryptocurrency gets closer to its 21 million limit, its price keeps going up. A spokesman for VanEck, a U.S. investment firm, says bitcoin could rise to somewhere between $1.3 million and $4.8 million per coin if it is adopted as the **global reserve…
@cryptocracy
The Metaverse Could Have Negative Effects Incredible things are happening in the cryptosphere. My post on **cryptosocial earnings for the month of March** is getting a lot of solid engagement and earnings on several platforms. Today, let’s highlight **Read.Cash**. If you’re not a member yet, join and comment on my post. https://cryptocracy.substack.com/p/cryptosocial-earnings-march-2022?s=w https://read.cash/@cryptocracy/cryptosocial-media-earnings-march-2022-29520c10 On…
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Taro Protocol: Will Bitcoin Network Replace SWIFT? MicroStrategy has bought another **$191 million worth of bitcoin**. The company now holds more than 129,000 BTC, an incredible **$5.7 billion+** in current value. Lightning Labs is launching the **Taro protocol**, which will be useful for sending fiat-pegged stablecoins through the Bitcoin blockchain. *In other words, SWIFT could someday be history as banks adopt the Bitcoin blockchain for moving money even if bitcoin…
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Review Cryptosocial, Earn More Crypto Today is the last call to get my book ***Cryptosocial: How Cryptocurrencies Are Changing Social Media*** at the discounted price of $2.99. **The price goes up tomorrow!** https://www.amazon.com/Cryptosocial-Cryptocurrencies-Changing-Social-Media-ebook/dp/B09LP8GVWY But this post isn’t about buying my book so much as it in reviewing it. Keep reading to learn how you can earn rewards for reviewing *Cryptosocial*—even if you’ve already…
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Will Ethereum Flip Bitcoin in 3 Years? Ethereum’s gas fees were up **13 percent in March** as new ERC-20 token generation surged 125 percent above February’s. Galaxy Digital Trading says ETH could flip BTC **within three years**. *Now let’s all hold our breath.* https://www.coindesk.com/tech/2022/04/08/ethereum-gas-usage-rose-in-march-as-ether-ran-to-35k/ https://finbold.com/ethereum-could-flip-bitcoin-in-three-years-according-to-galaxy-digital-trading-co-head/ Tesla, Block,…
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Metaverse and Murder: What's the Punishment for Killing an Avatar? Angry Meta shareholders accuse Mark Zuckerberg of weak leadership, say the “dystopian downsides” of the metaverse will **need some oversight**. On the other hand, improved optics might be all that is necessary to make the metaverse **bigger than the internet**. Web3 technology promises to improve a lot of things in the metaverse, including **historical sites**. Live concerts are **more popular** than sporting…
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Are You a Bitcoin Fan? Survey Says You're a Psychopath Scientists have discovered that bitcoin fans are “**psychopaths**.” *It’s hard to believe this can be ascertained from a simple survey. On the other hand, Peter Thiel calling Warren Buffet a “****sociopathic grandpa****” makes it believable.* https://nypost.com/2022/04/12/bitcoin-fans-are-psychopaths-who-dont-care-about-anyone-study-shows/ https://cryptocracy.substack.com/p/prediction-eth-to-flip-btc-in-3-years?s=w…
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Will Elon Musk Buy Twitter? **Bitcoin mining difficulty drops** for the third time in 2022. Nexo CEO Antoni Trenchev says BTC could **hit $100,000 in one year**. Celsius CEO Alex Mashinsky **agrees**. *Are they dreaming?* https://news.bitcoin.com/bitcoin-mining-difficulty-drops-for-third-time-in-2022-just-over-100k-blocks-to-go-until-halving/ https://www.cnbc.com/2022/04/14/bitcoin-btc-price-could-hit-100000-within-a-year-crypto-ceo.html…
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How Australians Regulate DAOs Binance CEO Changpeng Zhao says the **tide is turning** on crypto regulation, but the U.S. and Europe **can’t regulate it alone**. The largest crypto exchange by volume now has a **customer service center in Turkey**. But, like Coinbase, Binance won’t be implementing **Bitcoin’s Lightning Network**. https://www.techtimes.com/articles/274344/20220415/binance-ceo-crypto-bosses-find-tide-turning-regulation-cryptocurrency-governments.htm…
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UST Overruns BUSD to Become Third Largest Stablecoin Ethereum and Bitcoin miners are still making profits in today’s environment thanks to **all-time high hash rates** on both blockchains. **CoinDesk asks**, “Is Bitcoin a Risk-on or a Risk-Off Asset?” **(A Great Read)** Maybe a better question is, will bitcoin ever become a **reserve currency**? And Grayscale says the SEC could violate the Admin Procedure Act by **rejecting spot bitcoin ETFs**. Still, the Grayscale CEO says…
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Is Bitcoin Tribalism Killing Crypto? Ripple CEO Brad Garlinghouse criticizes **bitcoin tribalism** saying that different use cases for cryptocurrencies is a good thing. In other news, an XRP attorney explains how both **Ripple and the SEC could win** in the ongoing lawsuit. *When people make sense, I agree with them. In this case, Garlinghouse makes perfect sense.* https://www.cnbc.com/2022/04/20/bitcoin-tribalism-holding-the-crypto-industry-back-ripple-ceo-says.html…
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The Metaverse: Just Another Gilded Cage? One thing every company creating for the future metaverse will have to think about is **how the money will work**. Currently, the metaverse is as real as Superman’s underwear, but experts predict that those super panties will be a reality in 10 years. https://observer.com/2022/04/the-metaverse-is-getting-huge-but-how-will-its-money-work/ In fact, they’re saying the metaverse economy could be valued at **$13 trillion by 2030**. And…
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Has Bitcoin Lost Its Popularity? Google data suggests bitcoin’s popularity is **slipping away**. Meanwhile, one crypto user calls out **sexism in the bitcoin ecosystem**. Tesla is HODLing $1.261 billion in digital assets, **including bitcoin**. One crypto market analyst says bitcoin is still a good indicator of **retail trading sentiment**. *In other words, not much to see here.*…
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Bitcoin's Environmental Impact and Ethereum's 2021 Gains While everyone is talking about the **recent dip** in the crypto market, the Central African Republic has adopted **bitcoin as legal tender**. El Salvador became the **first country** to do so in September last year. Bitcoin’s hashrate has hit an **all-time high**—again. One analyst is predicting a **bigger fall** in the short-term. Meanwhile, a quarter of all electricity in the U.S. is **powering bitcoin**. And 23…
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When Elon Musk Bought Twitter, Guess What Happened Today, at 1 p.m. EST, Ryan Gerardi and I will match wits as we discuss Elon Musk’s purchase of Twitter, Ford’s electric vehicle, and the top 80 cryptosocial media platforms and protocols. You’re invited to join us on **The MTC Show**. Live! https://autoconversion.net/autoconverse/blog/buzz-worthy/musk-buys-twitter-ford-lightning-truck-launch-80-crypto-social-media-platforms/ Give us a listen. Hold your questions until the…
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Cryptosocial Dreams and Book Reviews It’s been a busy month. This week, especially, has been very busy. I’ve been a guest on several podcasts and went on The MTC Show with Ryan Gerardi where we discussed Elon Musk’s purchase of Twitter, electric vehicles, and cryptosocial media. You can **watch the show at YouTube**. https://www.youtube.com/watch?v=JXiDfiOBNDE https://youtu.be/JXiDfiOBNDE Review Cryptosocial, Get a Reward As a reminder, I’m rewarding everyone who reviews my…
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Why Do Bitcoiners go Nutso When You Say 'Crypto'? *I’m keeping it short today because I’m* ***on the road*** *over the weekend. If you’re reading this on a cryptosocial media platform, you’re probably reading it later because I have to manage the battery on my laptop. Happy reading!* https://allenandtheresa.com/ A comedian whose name you need not know said “crypto,” like, a million times at the Bitcoin Conference in Miami and bitcoin maximalists—you know, people who believe…