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MASTR · 2024–2026

All publications · 16

Original investigations, critical essays and the conversations behind them. Read by subject, follow a thread, or find a person or project in the source texts.

694 · Selected publications · 16/29

Exchanges & custody

Crypto was never about numbers on a screen.

It was about opting out. About distrust becoming rational, self-custody becoming responsibility, and freedom coming with consequences.

Commentary & rants2 min
KOLs & promotion

Practical principles for a healthier Crypto Twitter

Stop outsourcing your thinking to KOLs. Stop confusing visibility or money with credibility. Stop chasing shills, sponsored narratives, and artificial urgency. Stop buying into political theater whose only purpose is liquidity extraction.…

Commentary & rants2 min
KOLs & promotion

Whaleguru and the alleged Solana Syndicate network

This account belongs to the "Solana Syndicate", a coordinated swarm pushing mass hype, artificial narratives, and extraction cycles disguised as community.

Commentary & rants2 min
NYC: the Eric Adams token launch timeline — original source image
Onchain investigations

NYC: the Eric Adams token launch timeline

Background: Former New York City mayor Eric Adams branded himself for years as the Bitcoin Mayor. He converted salaries to crypto, promoted NYC as a crypto hub, and positioned himself as pro innovation. That reputation is the foundation this…

Research & analysis4 min
KOLs & promotion

New Twitter: X vs Operation Bluebird

A legal battle over the Twitter brand is unfolding. X Corp, owned by Elon Musk, has filed a federal lawsuit against the startup Operation Bluebird.

Commentary & rants1 min
Market structure

Decentralisation and control · 11 Jan 2026

I get asked about this constantly, so I want to answer it here once for everyone. Unfortunately, I receive more questions about $whitewhale than about my own project.

Commentary & rants3 min
A proposed law is not a measured reduction in manipulation — original source image
Research methods

A proposed law is not a measured reduction in manipulation

The Clarity Act does not change exchange microstructure, does not remove leverage, does not alter liquidation engines, and does not touch offshore venues where most crypto volume happens.

Research & analysis2 min
Politics & conflicts

Trump: Web3 culture · 9 Jan 2026

This is exactly why the reaction of large parts of crypto X to Donald Trump is not just hypocritical, but structurally revealing.

Commentary & rants3 min
USD1, MGX and the timing of the Binance deal — original source image
Politics & conflicts

USD1, MGX and the timing of the Binance deal

A Stablecoin Chosen Before It Existed: The 2 Billion Crypto Deal That Tied UAE Money, U.S. Politics, and a Presidential Pardon Together.

Research & analysis3 min
Zcash: the Electric Coin Company resignations — original source image
Networks & infrastructure

Zcash: the Electric Coin Company resignations

On January 7, 2026, the entire team of the Electric Coin Company resigned simultaneously. This was not a partial walkout or leadership reshuffle. Every employee of the primary organization that has developed Zcash since 2016 stepped down at…

Research & analysis4 min
The crypto cabal as an incentive structure — original source image
KOLs & promotion

The crypto cabal as an incentive structure

What people describe as the cabal is something far more concrete and far more dangerous: a repeatable market structure that systematically transfers value from the many to the few through access, coordination, and speed.

Research & analysis4 min
American Bitcoin: capital structure and who benefits — original source image
Market structure

American Bitcoin: capital structure and who benefits

That is an important and shocking lesson for everyone who is interested in crypto and who sees Trump linked ABTC, American Bitcoin, $WLFI and USD1 being promoted and shilled everywhere:

Research & analysis5 min
Research methods

Binance: building useful products · 5 Jan 2026

I really hope you can see that everything we do is driven by passion, a clear mission, and is completely free of any lobby, hidden agenda, or paid influence.

Commentary & rants3 min
Rising prices, FOMO and retail losses — original source image
Market structure

Rising prices, FOMO and retail losses

A long-form examination of FOMO, influencer narratives, speculative booms and the outcomes faced by retail traders.

Original articles27 min
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