Solana: Web3 culture · 4 Jan 2026
I ask you to please show a bit of respect and read this to the end, because it is slowly reaching an uncomfortable level of noise.
Commentary & rants4 min
Read the publication
MASTR · 2024–2026
All publications · 17
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 · 17/29
Retail losses: MASTR’s discussion of entry timing and market structure
Crypto markets love simple slogans. “We are early.” “1000x.” None of these survive contact with data.
Research & analysis6 min
Decentralisation and control · 3 Jan 2026
These are my words, and I mean them seriously. And I say this as someone who wants crypto to succeed. But some chains are lost. Completely lost.
Commentary & rants3 min
Be honest. Are this many people really that dumb?
Absolutely insane how many people are still bullish or are shilling $WLFI and USD1 after everything Trump adjacent mafia crypto deals have done to this space.
Commentary & rants2 min
World Liberty Financial: exchange accountability · 2 Jan 2026
Let’s stick to facts: 🔺Binance and CZ pleaded guilty in 11/2023 and paid over 4 billion USD in fines. 🔺In 03/2025, WLFI launches USD1. 🔺Shortly after, a 2 billion investment flows into Binance via MGX. 🔺By 05/2025, it becomes clear the…
Commentary & rants2 min
A fucking word about builders and users in crypto:
Many want everything for free, pumping charts, airdrops, giveaways, winning nonstop, and ideally a cake with a happy ending too.
Commentary & rants4 min
How user demand rewards extraction
The industry likes to blame external enemies because that preserves the self image of a revolution. But the most important force shaping crypto has always been internal selection pressure.
Research & analysis6 min
Reading this, I have to admit that I am genuinely and positively surprised.
Because this statement reflects many of the things I have been repeating and preaching for a long time.
Commentary & rants2 min
Fraudster @realdonaldtrump are you still not done extracting value from your crypto followers?!
After endless shady deals and the $MELANIA $TRUMP and $WLFI cash grabs, your family is starting the year with yet another extraction.
Commentary & rants1 min
A slap in the face of crypto from #Binance puppets @heyibinance and @_RichardTeng
10/10 erased users with extreme wicks, broken pricing and forced liquidations. No post mortem. No answers. Just silence.
Commentary & rants1 min
X: paid promotion · 30 Dec 2025
X will never be able to pay even remotely what YouTube pays. Brands and companies have no interest in advertising here anymore
Commentary & rants2 min
Web3 culture · 30 Dec 2025
But, I am extremely positive in the long term, even if my tweets appear otherwise. here is why they read the way they do:
Commentary & rants3 min
2025 was a damn disgrace of a year.
A damn disgrace for crypto. A damn disgrace for this garbage app swamp of steaming nonsense. A damn disgrace for truth and decency. A damn disgrace for the world.
Commentary & rants5 min
Why MASTR keeps a written, pseudonymous public presence
The environment was different. The risks were different. Over the past months, things have changed fundamentally, and pretending otherwise would be dishonest.
Commentary & rants3 min
Pumpfun did not exploit crypto or CT. It exposed it. It used it.
This platform did not steal anyone’s future. The gamblers handed it over willingly, one click at a time.
Commentary & rants4 min
The access stack: RPCs, oracles, sequencers and cloud providers
Decentralized” describes consensus. Most users, developers, and front ends do not touch consensus. They touch an access stack: RPC gateways, oracle networks, sequencers, MEV relays, stablecoin issuers, indexers, GitHub, and cloud. That…
Research & analysis8 min
Price crashes and the survival of an open network
2011 Bitcoin crashed over 90 percent. Dead. 2013 Bitcoin crashed over 80 percent. Dead. 2014 to 2015 down over 85 percent. Dead. 2018 down 84 percent. Dead. 2022 down 77 percent. Dead.
Research & analysis4 min
88% of the 914 participants said they would not trust their money with #Binance
That contradiction matters. As long as massive liquidity stays parked there, opaque internal dynamics will continue to influence market prices. This does not change through criticism alone. It only changes when capital actually leaves.
Commentary & rants2 min
Fuck them, from the depths of my heart.
I see endless tweets saying “it’s over” and “crypto is dead”. Shut up. It isn’t. It's only prices and you fucks are one of the main reasons this happened
Commentary & rants3 min
Decentralisation and control · 26 Dec 2025
There is another form of centralisation far more dangerous than the price discovery of cryptocurrencies.
Commentary & rants9 min
Trust Wallet’s extension incident: the December 2025 record
As of 26.12.2025, this looks like a straight supply chain compromise of the Trust Wallet Chrome extension, not a user approval mistake.
Research & analysis3 min
Binance: Web3 culture · 25 Dec 2025
For me, 2025 was one of the worst years, if not the worst year, for crypto and also globally on a socio political level.
Commentary & rants5 min
Criticism as a form of care for an ecosystem
Criticism as a form of care for an ecosystem. Dated original source, with context and links.
Commentary & rants1 min
Criminals run price discovery and we all pretend it is normal.
On 10/10 #Binance printed lows that were statistically impossible compared to every other major exchange. Over 100 pairs deviated more than 10 percent. Dozens deviated 50 to 100 percent. Some went beyond 100 percent. At the same moment.…
Commentary & rants2 min