@cryptocracy 26 March 2022 more from that month

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 **$125 million in bitcoin**. Subsequently, BTC’s value rose to **over $44,000**. If we learned anything from Elon Musk’s **pumping of Dogecoin**, it should be this: *If it’s popular and a celebrity (whether a person on two legs or an entity with a rep) takes an interest, the crypto asset’s value will likely rise. Bitcoin is the king of cryptocurrencies. If another blockchain the size of Terra (****#9 in market cap rankings****) buys it, the price will go up. Even if the news is nothing but a rumor. Basic economics.* https://cryptoslate.com/terra-buys-125-million-of-bitcoin-for-its-reserve/ https://www.coindesk.com/markets/2022/03/25/bitcoin-tops-44k-amid-rumors-of-terras-lfg-accumulating-btc/ https://economictimes.indiatimes.com/markets/cryptocurrency/elon-musk-pumps-dogecoin-with-yet-another-tweet-token-surges-25/articleshow/88894068.cms?from=mdr https://coinmarketcap.com/ Material Girl Madonna has **acquired a Bored Ape** for more than half a million dollas. Like a metaverse virgin, she wants to know what to name her new NFT. Meanwhile, the Ukraine supports its military by **selling NFTs**. And two Frosties masterminds have been arrested over a **$1.1 million NFT rug pull**. *Papa don’t preach! Music makes the people come together.* https://www.bloomberg.com/news/articles/2022-03-25/madonna-jumps-into-nfts-with-570-000-digital-monkey-image https://www.theverge.com/2022/3/25/22996168/ukraine-ministry-digital-transformation-nft-crypto-drop-fundraising-war-timeline https://www.zdnet.com/article/frosties-nft-operators-arrested-for-1-million-rug-pull-scheme/ Meta is threatening to **shut down Facebook and Instagram in Europe**, but political leaders say life would be better without it. *Personally, if they did shut down two of the largest social media platforms in the world, that would be a good thing for cryptosocial media and decentralized social platforms.* *We’d likely see massive growth in alternatives.* https://www.euronews.com/next/2022/02/07/meta-threatens-to-shut-down-facebook-and-instagram-in-europe-over-data-transfer-issues?ref=hackernoon.com Mark Zuckerberg **discusses his vision** for the metaverse, but **is it safe**? Grimes, the Canadian musical sensation (*is there such* ***a thing****?*) is introducing a **children’s metaverse book**. https://fortune.com/2022/03/25/mark-zuckerberg-metaverse-plans/ https://venturebeat.com/2022/03/25/is-the-metaverse-safe/ https://www.udiscovermusic.com/stories/the-top-20-canadian-musicians/ https://www.coindesk.com/business/2022/03/25/grimes-announces-childrens-metaverse-book-as-part-of-100m-avalanche-initiative/ Thinking about buying bitcoin at an ATM? Here’s **what you need to know**. https://www.coindesk.com/learn/what-you-need-to-know-before-buying-bitcoin-at-an-atm/ Interest in crypto is going **through the roof**. Americans under age 50 **are bullish** on cryptocurrencies, long-term. Still, most people who have heard of cryptocurrency see it as **high-risk**. https://nbc16.com/news/connect-to-congress/interest-in-cryptocurrencies-soars-to-new-heights-digital-money-federal-reserve-banking-investments-united-states-america-americans-transactions-withdrawals-deposits-crypto-treasury-department https://www.axios.com/poll-younger-americans-cryptocurrency-bddd3e19-c8b5-4190-9863-fb51b34dd6ad.html https://www.cbsnews.com/news/cryptocurrency-opinion-poll-risky-investment/ Is the **decentralized web** here to stay? https://hackernoon.com/the-decentralized-web-is-here-to-stay *As regular readers of Cryptocracy know, I’m big on the growing ecosystem of cryptosocial media. That’s why I don’t mind recommending the best platforms that pay users in crypto for posting to them.* Hackernoon recently published my article **6 Social Platforms To Help You Connect With Other Crypto Degens** (then they asked me a few questions and **I had the gall bladder to answer them**.) But I got to thinking … are there **moral considerations regarding cryptosocial**? And what if Facebook **paid its users in crypto**? How many Facebook millionaires would there be? https://hackernoon.com/6-social-platforms-to-help-you-connect-with-other-crypto-degens https://hackernoon.com/meet-the-writer-allen-taylor-author-cryptosocial-how-cryptocurrencies-are-changing-social-media https://cointelegraph.com/news/an-inside-look-at-the-moral-and-technical-considerations-of-crypto-social-media https://hackernoon.com/what-if-you-could-post-on-fb-and-get-paid-for-it-in-crypto Ampleforth is building a **decentralized stablecoin**. https://www.publish0x.com/rektimes/ampleforth-team-to-introduce-worlds-first-truly-decentralize-xknoypg How to tell if your token is a security using the **Howey test**. https://cryptonewsbtc.org/2022/03/25/the-howey-test-and-how-to-figure-out-if-your-token-is-a-security/ One crypto hacker has decided he’d like to **donate his worthless millions to charity**. *Geez, talking about generosity.* https://fortune.com/2022/03/25/crypto-robin-hood-stole-50-million-hacker-heist-cashio/ The Foundation for Interwallet Operability (*I didn’t know there was such a thing*) has completed its **integration with Opera’s Android browser**. *Where are the donuts?* https://coinmarketcap.com/alexandria/signals/25145 **Thailand has banned** digital currency payments. https://coingeek.com/thailand-securities-regulator-bans-digital-currency-payments/ *Snark and commentary in italics. What did you expect?* 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/google-co-opts-non-fungible?s=w **Image Source:** Getty Images via Bloomberg Wealth