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. Bastyon In only eight posts, I was able to earn 0.038 tokens. At approximately $1.40 per…
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 currency. That’s a big “if,” Jack. Ethereum’s co-founder…
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. On another note, the 5-star reviews for my book on cryptosocial media are flowing in. It’s currently ranked 18 in the Social Media category (was 13 at one time), 25 in Internet Marketing, and 26 in Web…
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 doesn’t become the global reserve currency. In that scenario, we could…
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. Tesla, Block, and Blockstream are teaming up to mine bitcoin with solar power in Texas. When it comes to disrupting businesses, bitcoin is in the business of disruption. In fact, it could totally upend these 4 businesses. On Monday, the first day of the global…
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 events and shopping. Among the top 5 metaverse jobs expected to explode are…
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? The Elon Musk-Twitter saga is looking more like a true soap opera all the time. First, Musk asks his frat brothers if they thought Twitter was respectful of free speech. What he failed to do is give a disclaimer saying “this is not a scientific poll and results may vary from 0% to 100%.” His mind…
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. Ethereum users are betting $10 billion on revamp. Cardano Founder Charles Hoskinson offered to build a decentralized Twitter for Elon Musk. On another note, Hoskinson wants to make Cardano…
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 it’s just a matter of time before the SEC approves one. UST, Terra’s…
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. Does the ERC-721R protocol spell the end of NFT rug pulls? Maybe, maybe not. But KuCoin customers now have access to a $100 million creators fund. Interested…
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. In fact, they’re saying the metaverse economy could be valued at $13 trillion by 2030. And there’s no telling what kind of crazy and weird things people will be doing there. One couple recently renewed their wedding vows in…
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. An interesting turn of events in the Silk Road saga means founder of dark web marketplace will have $3 billion of debt paid off. Ross Ulbricht will…
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 U.S. lawmakers are asking the Environmental Protection Agency to provide more…
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! Give us a listen. Hold your questions until the end, please. Plus, learn what crazy nonsense is happening in the metaverse, right here. https://cryptocracy.substack.com/p/what-happened-when-elon-bought-twitter?s=w
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. https://cryptocracy.substack.com/p/what-cryptosocial-dreams-are-made?s=w
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! 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 Jesus Christ will return with bitcoin in his pocket and take back America for the one…
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