@cryptocracy 14 March 2022 more from that month

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**? https://www.coindesk.com/policy/2022/03/13/bitcoin-banning-measure-seen-too-close-to-call-in-tomorrows-eu-parliament-vote/ https://news.bitcoin.com/bitcoins-hashrate-jumps-15-higher-in-10-days-mining-difficulty-expected-to-rise/ https://bitcoinist.com/mexican-drug-cartels-launder-25-billion/ http://0.0.0.18/03/13/what-does-the-future-hold-for-bitcoin-mining/?sh=2eea4ab7e9aa https://cointelegraph.com/news/cryptocurrencies-against-the-silent-thief-can-bitcoin-protect-capital-from-inflation https://www.coindesk.com/markets/2022/03/13/bitcoin-gold-20-try-reserve-asset-30/ Oh, and, **bitcoin myths—******crushed******.** https://moneymorning.com/2022/03/13/we-take-on-the-top-ten-biggest-bitcoin-myths-and-crush-them/ Ethereum’s **top 5 NFT floor prices**. Meanwhile, PYMENTS says Ethereum 2.0 won’t be faster but **will be scalable**. *Wasn’t that the point?* So, how much ETH is staked in the Ethereum 2.0 deposit contract? More than **$26 billion**. If you’re ready to play with NFTs, should you go with Ethereum, Solana, or Cardano? Which is **best for minting**? https://news.bitcoin.com/shelling-out-30k-or-more-in-ethereum-look-at-top-5-nft-floor-prices/ https://www.pymnts.com/blockchain/2022/ethereum-2-0-will-not-be-any-faster-vitalik-buterin-said-but-it-will-still-scale-massively/ https://dailyhodl.com/2022/03/13/over-26000000000-worth-of-eth-now-staked-in-ethereum-2-0-deposit-contract-analytics-firm-glassnode/ https://www.infostor.com/nft-projects/cardano-vs-ethereum-solana-for-nfts/ Apple Co-Founder Steve Wozniak is a big fan of bitcoin, but he’s **not such a big fan** of NFTs. https://www.livebitcoinnews.com/steve-wozniak-on-btc-its-mathematically-pure/ Binance could soon be **operating in Dubai**. https://cryptopotato.com/binance-considers-obtaining-a-license-to-operate-in-dubai/ Cardano NFT projects account for largest share of the network’s **517 projects**. https://www.tronweekly.com/cardano-500-projects-nft/

**What should we expect** after the president’s crypto executive order? https://www.americanbanker.com/list/what-bidens-crypto-order-means-for-banks Why the U.S. should not **rush into the digital dollar**. The IMF lists **100 countries** exploring CBDCs. Here’s the timeline and statuses of **13 of them**. Some experts fear the **political use of the digital yuan**. But isn’t the use of any government-backed currency a political action? https://www.washingtonpost.com/opinions/2022/03/13/us-should-not-rush-into-digital-dollar/ https://www.imf.org/en/News/Articles/2022/02/09/sp020922-the-future-of-money-gearing-up-for-central-bank-digital-currency https://www.ndtv.com/business/here-are-the-timelines-and-status-of-central-bank-digital-currencies-in-some-countries-2820164 https://www3.nhk.or.jp/nhkworld/en/news/backstories/1932/ Can Russia **avoid sanctions** with cryptocurrencies? An excellent commentary from a social entrepreneur based on Stockholm. Despite those who say Russia **can’t** (or won’t) use crypto to avoid sanctions, **bitcoin use has spiked** in the country and it could be the elites using it. Are you concerned that Russia may be using your crypto wallet to evade sanctions? **Try these tools** to find out. https://ukrainecryptowar.substack.com/p/can-russia-avoid-sanctions-by-using?s=w https://fortune.com/2022/03/06/can-the-kremlin-use-crypto-to-evade-sanctions-doubtful-experts-say-but-for-some-ordinary-russians-its-a-lifeline/ https://english.elpais.com/international/2022-03-13/cryptocurrency-a-lifeline-for-russian-oligarchs.html https://www.financialexpress.com/digital-currency/how-to-check-if-russian-entities-are-using-your-crypto-wallet-to-avoid-sanctions-use-these-tools-to-screen-them/2459626/ https://youtu.be/LGm9IjMe2Tc Crypto investing allowed **this 23 year old** to buy a Brisbane apartment worth $314,000. https://www.itechpost.com/articles/109549/20220313/23-year-old-manages-invest-314-000-worth-property-thanks.htm Emerging markets and millennials have the **most faith in crypto**. https://www.thecoinrepublic.com/2022/03/13/recent-reports-reveals-emerging-markets-and-millennials-believe-the-most-in-crypto-investing/ Top 5 NFT **smart contract vulnerabilities**. https://cryptoslate.com/top-5-nft-smart-contract-vulnerabilities-to-watch-out-for/ How people **make money on cryptocurrencies**. Looking for more? Here’s the **top 15 ways** to make money with crypto. https://www.wired.com/story/how-to-make-money-from-crypto/ https://coinscapture.com/blog/top-15-ways-to-make-money-with-crypto In crypto, does **caution favor the brave**? https://www.sacbee.com/opinion/article259234535.html 10 rising personalities **redefining the future** of cryptocurrencies. https://www.analyticsinsight.net/10-rising-personalities-redefining-the-future-of-cryptocurrency/ *Italics represent my snark.* 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.* https://cryptocracy.substack.com/p/will-the-eu-ban-bitcoin?s=w Have you read my book *Cryptosocial: How Cryptocurrencies Are Changing Social Media* yet? Here’s where to find it: **Business Expert Press** (the publisher) https://www.businessexpertpress.com/books/cryptosocial-how-cryptocurrencies-are-changing-social-media/ **Amazon** https://www.amazon.com/Cryptosocial-Cryptocurrencies-Changing-Social-Media/dp/1637421834 **Barnes & Noble** https://www.barnesandnoble.com/w/cryptosocial-allen-taylor/1140515846 **Waterstones** https://www.waterstones.com/book/cryptosocial/allen-taylor/9781637421833 **WH Smith** https://www.whsmith.co.uk/products/cryptosocial-how-cryptocurrencies-are-changing-social-media/allen-taylor/paperback/9781637421833.html **Indigo** https://www.chapters.indigo.ca/en-ca/electronics/cryptosocial-how-cryptocurrencies-are-changing/9781637421833-item.html Preview at **Scribd** https://www.scribd.com/document/562400264/Cryptosocial-How-Cryptocurrencies-are-Changing-Social-Media **Connect with me at:** **Hive** = **@allentaylor** https://hive.blog/@allentaylor **Loop Markets** = **@allentaylor** https://www.loop.markets/?ref=11283 **MG Social** = **Cryptocracy** https://web.mg.social/u/cryptocracy **Minds** = **@Cryptocracy** https://www.minds.com/cryptocracy?referrer=cryptocracy **Noise Cash** = **@Cryptocracy** https://noise.cash/u/cryptocracy **Publish0x** = **Allen Taylor** https://www.publish0x.com/@allentaylor?a=MvbmyNrbYA **Read Cash** = **@Cryptocracy** https://read.cash/@cryptocracy **Torum** = **@Cryptocracy** https://www.torum.com/u/cryptocracy **Twitter** = **Allen Taylor** https://twitter.com/allen_taylor Image credits: Bored Apes, bitcoin.com; Cardano, **Tim Harrison** on LinkedIn https://www.linkedin.com/posts/timbharrison_cardano-buildingoncardano-defi-activity-6908159190955917313-hz9V/