Last year, I wrote a book titled Cryptosocial: How Cryptocurrencies Are Changing Social Media, to be published by Business Expert Press. Here is what the cover will look like:
Below is an excerpt from the introduction to the book, written by yours truly.
// BEGIN //
The year 2020 rode in on a dark horse.
From a lab in Wuhan, China, a virus spread out across the globe like an imperial sword. By March, it had taken root in New York City and soon pervaded the rest of the country.
In May, a white police officer knelt on the neck of a black man in Minneapolis, Minnesota. His subsequent death set off a ripple of protests that will likely have social ramifications for many years to come.
Being that it was election year, the usual slugfest of words between warring political factions was more hostile than anything in recent memory.
But this book is not about politics or pandemics. It’s about social media.
Unfortunately, even our social media has us polarized. We can’t agree on a definition of fake news and Facebook news feeds serve as personal soap boxes for millions of amateur political analysts who make no attempt to hide their biases, proud mothers, and wall-to-wall cat memes. The previous year’s brouhaha spilled over into 2021 and led to several legacy social media platforms banishing a sitting president and locking him out of his own accounts. Twitter and Facebook had already been fact-checking his posts and flagging them as potential misinformation.
Is this the power we want our social media platforms to possess? If they de-platform a member of one political party, might they also target members of another? If they silence the most powerful man in the world, who else might they silence?
// END //
As I learn more about cryptocurrencies and the ecosystem surrounding them, I come into contact more more cryptosocial media sites on a regular basis. Some are good, some are not. But I've counted at least 100 that have launched or threatened to launch in the last year. That's why I decided to write a book about them.
I'll use this space in the coming weeks to publish excerpts from my forthcoming book. Feel free to comment and engage in the conversation.
 Cohen, Li. January 7, 2021. “Twitter and Facebook lock Trump’s accounts, take down video of his message to supporters,” CBS News. https://www.cbsnews.com/news/trump-twitter-facebook-accounts-locked/, (March 30, 2021).