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Crypto Research
What Is a Crypto Wallet?
A crypto wallet doesn't store your cryptocurrency—it stores the private keys that control it. Understanding this distinction matters for security and control.
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Crypto Research
What Is a Crypto Wallet?
A crypto wallet doesn't hold your coins — it holds the keys that prove your right to move them. Understanding this distinction is the foundation for everything else in self-custody.
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Crypto Research
What Is Ethereum?
Ethereum is a blockchain platform that executes programmable smart contracts, enabling applications that run exactly as coded without intermediaries. This post explains the mechanism, constraints, and what makes Ethereum different from Bitcoin.
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Crypto Research
What Is Cryptocurrency?
Cryptocurrency is digital money that uses cryptography for security and operates on decentralized networks rather than through banks. This post explains the mechanism—digital signatures, consensus, and blockchain—and what distinguishes crypto from traditional digital payments.
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Crypto Research
What Is Bitcoin?
Bitcoin is a decentralized digital currency that operates without banks or governments. This post explains the mechanism, what makes it different, and what would change your understanding.
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Crypto Research
What Is a Blockchain?
A blockchain is a distributed ledger that records transactions across many computers so that no single party controls the data. This post explains the mechanism, its constraints, and what would change your understanding.
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Crypto Research
New XRP-Focused Research Defining the “Velocity Threshold” for Global Settlement and Liquidity
A lot of people looking at my recent research have asked the same question: “Surely Ripple already understands all of this. So what does that mean for XRP?” That question is completely valid — and it turns out it’s the right question to ask. This research breaks down why XRP is unlikely to be the internal settlement asset of CBDC shared ledgers or unified bank platforms, and why that doesn’t mean XRP is irrelevant. Instead, it explains where XRP realistically fits in the system banks are actually building: at the seams, where different rulebooks, platforms, and networks still need to connect. Using liquidity math, system design, and real-world settlement mechanics, this piece explains: why most value settles inside venues, not through bridges why XRP’s role is narrower but more precise than most narratives suggest how velocity (refresh interval) determines whether XRP creates scarcity or just throughput and why Ripple’s strategy makes more sense once you stop assuming XRP must be “the core of everything” This isn’t a bullish or bearish take — it’s a structural one. If you want to understand XRP beyond hype and price targets, this is the question you need to grapple with.
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Crypto Research
The Jackson Liquidity Framework - Announcement
Lewis Jackson Ventures announces the release of the Jackson Liquidity Framework — the first quantitative, regulator-aligned model for liquidity sizing in AMM-based settlement systems, CBDC corridors, and tokenised financial infrastructures. Developed using advanced stochastic simulations and grounded in Basel III and PFMI principles, the framework provides a missing methodology for determining how much liquidity prefunded AMM pools actually require under real-world flow conditions.
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Crypto Research
Banks, Stablecoins, and Tokenized Assets
In Episode 011 of The Macro, crypto analyst Lewis Jackson unpacks a pivotal week in global finance — one marked by record growth in tokenized assets, expanding stablecoin adoption across emerging markets, and major institutions deepening their blockchain commitments. This research brief summarises Jackson’s key findings, from tokenized deposits to institutional RWA chains and AI-driven compliance, and explains how these developments signal a maturing, multi-rail settlement architecture spanning Ethereum, XRPL, stablecoin networks, and new interoperability layers.Taken together, this episode marks a structural shift toward programmable finance, instant settlement, and tokenized real-world assets at global scale.
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Crypto Research
Reverse Carry Trade: Lewis Jackson Breaks Down Japan’s Biggest Risk and XRP’s Hidden Variable
In a new episode of The Macro, crypto analyst Lewis Jackson examines Japan’s reverse carry trade, the Bank of Japan’s historic policy shift, and why XRP’s long-term viability depends on one under-discussed factor: velocity. By linking yen-funded liquidity flows, tokenized settlement rails, automated market makers, and on-demand liquidity corridors operated by SBI Remit, Jackson explores whether XRP could meaningfully support large-scale FX redirections — and what that would actually imply for the asset’s price, liquidity profile, and role in next-generation settlement systems.
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Crypto Research
XRP Reaches a Crossroads: Lewis Jackson Explains the ZK Rollup Dilemma
In Episode 009 of The Macro, crypto analyst Lewis Jackson examines one of the most consequential inflection points in XRP’s history. His new research explores how automated market makers, zero-knowledge rollups, liquidity velocity, and emerging regulatory architectures will determine whether XRP matures into high-value settlement infrastructure — or remains a high-velocity payment token with limited price implications. This report summarises Jackson’s thesis, the global signals he cites, and why the XRP Ledger now stands at a structural crossroads.
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Crypto Research
The Four Undervalued Cryptos Completing the New Financial System
In his latest episode of The Macro, crypto analyst Lewis Jackson explores a structural blind spot in the rapidly developing world of tokenized assets and programmable finance. Chainlink continues to integrate with SWIFT, DTCC, Euroclear and major custodians — becoming one of the most important interoperability layers in modern finance. But Jackson argues that Chainlink’s strengths also reveal what it cannot provide. Those missing layers — privacy, context, AI-driven compliance, and tokenized cash instruments — are now being filled by a small group of undervalued crypto projects. This report outlines the gaps, the projects filling them, and why they matter for the architecture of the new global settlement system.
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Lewsletter

Weekly notes on what I’m seeing

A personal letter I send straight to your inbox —reflections on crypto, wealth, time and life.
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