Cryptosocial: How Cryptocurrencies Are Changing Social Media on Pre-Order

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2 years ago

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:

If you want to preview the first chapter, you can do so at Scribd.

I’d be anxious to hear your thoughts on the book and feel free to review it at any of the above venues as well as at Goodreads.

Below is an excerpt from the book. Today’s curated links are below the excerpt.

The Rise and Rise of Cryptocurrencies

The rise and popularity of social media platforms have paralleled the rise and popularity of the internet itself. The platforms have played a huge role in transforming a decentralized network of computer networks into a small conglomeration of power brokers who profit from content produced by others while using their power to de-platform and demonetize their own users.

Social media is not an entitlement. The platforms do not owe anyone a soap box or a means of monetization. On the other hand, to offer these benefits then withdraw them arbitrarily is inconsistent with their own stated values.

Cryptocurrencies have a history of their own. That history is shorter, but, in many ways, it mirrors the development of the internet itself. At the very least, blockchain technology—and cryptocurrencies by association—were founded on the same principles as the internet itself. These include decentralization, peer-to-peer interaction, freedom of speech, and ownership control over one’s own content and identity including the ability to remain anonymous and conduct transactions with privacy.

In order to understand how cryptocurrencies can empower social media users and inspire content producers and consumers toward greater freedom and self-monetization, it’s important to understand their development and history. Why have they become so popular so fast?

All the Crypto Links Fit for a Fan Like You

Let’s start with the obvious. Everyone is talking about President Joe Biden’s crypto executive order. What’s it really mean for you? Still looking for more? The Independent wants to tell you everything you need to know.

Ethereum’s total value locked dominance drops as Bloomberg News goes bearish.

Coinbase has blocked 25,000 Russia-linked crypto addresses, allegedly for illegal activities. Is this a turnaround from their previous position? Whether it is or it isn’t, if Senator Elizabeth Warren gets her way, the crypto exchange won’t have a choice.

Do blockchain end users need to stop asking developers to do things?

Why code should not be law (A must-watch commentary on the TreasureDAO hack).

brother and sister team were charged with crypto fraud in Manhattan. At least they kept it in the family.

Here’s your crypto tax guide for 2021-2022.

A former Donald Trump director of communications, Anthony Scaramucci, predicts bitcoin will hit $100,000 in two years.

Can NFT’s solve their carbon footprint problem?

Cryptocracy is a decentralized newsletter published 4 times a week. I curate the latest news and crypto analysis from some of the brightest minds in crypto, and sometimes offer a little insightful and snarky commentary. Always fresh, always interesting, and always crypto.

First published at Cryptocracy. Not to be construed as financial advice.

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