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MASTR · 2024–2026

All publications · 18

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 · 18/29

Why single-cause explanations fail in complex systems — original source image
Research methods

Why single-cause explanations fail in complex systems

This is not a philosophical position or a rhetorical warning, but an empirical observation repeated across economics, geopolitics, systems engineering, psychology, and especially crypto markets.

Research & analysis5 min
Politics & conflicts

The President of the United States needs crypto for his dirty business.

Crypto com was under siege for more than 1 year. The US SEC issued a Wells notice in 2024. Crypto com sued the SEC in October 2024, then dropped the lawsuit in December 2024. On March 27, 2025, Crypto com announced the SEC closed the…

Commentary & rants3 min
Market structure

Prediction markets are probably what we deserve

The users decided what this ecosystem would become. Not builders. Not protocols. Not regulators. Users. Capital follows behavior, and behavior made the choice clear years ago.

Commentary & rants2 min
KOLs & promotion

Trump: political influence · 21 Dec 2025

It became repetitive, predictable, shallow, trapped in loops that endlessly repeat while pretending to be new. The same narratives are recycled, the same people farm reactions, the same moral theatre plays out every day, loud, aggressive,…

Commentary & rants4 min
Solana’s infrastructure and ecosystem: a December 2025 review — original source image
Networks & infrastructure

Solana’s infrastructure and ecosystem: a December 2025 review

Solana won the speed war, then spent years paying interest on that architectural debt. Today the brand lives in 2 parallel realities: a high-throughput base layer that genuinely ships, and an ecosystem layer where outages, exploits, insider…

Research & analysis7 min
Pump.fun litigation: allegations, procedure and the following correction — original source image
Politics & conflicts

Pump.fun litigation: allegations, procedure and the following correction

In July 2025, a consolidated class action lawsuit was filed in the US District Court for the Southern District of New York accusing Pumpfun and the Solana ecosystem of operating a coordinated illegal scheme that allegedly wiped out between 4…

Research & analysis7 min
Market structure

ASTER Is Heavily Manipulated! So, who ends up losing?

When we warned about the legal risk around $ASTER , a highly supply-controlled project with artificially inflated volume concentrated in a very small number of entities... we received a lot of hate. No problem.

Commentary & rants2 min
KOLs & promotion

Paid promotion · 9 Dec 2025

This is a bit different than usual because I just needed to get it off my chest. It won’t happen again. Unfollow me if needed.

Commentary & rants4 min
Market structure

Liquidity and market structure · 9 Dec 2025

🔺Every crypto hype cycle runs the same script: New tech buzzword appears Influencers race to position Projects launch without products VC unlocks wait in silence Retail enters on belief Liquidity peaks Dumps start quietly Blame shifts to…

Commentary & rants3 min
KOLs & promotion

Trump: Web3 culture · 9 Dec 2025

If it were not for our project, I would have left this platform a long time ago without looking back.

Commentary & rants2 min
Binance’s employee front-running incident — original source image
Exchanges & custody

Binance’s employee front-running incident

A Binance employee used insider information to front run a token launch. Official account. Official post. Personal profit.

Research & analysis2 min
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