Ethereum burns ETH on every transaction through EIP-1559's base fee mechanism — but the burn exists to fix a fee market problem, not to engineer scarcity. Here's how the mechanism works and what it actually means for ETH supply.

Bitcoin's correlation with equities isn't fixed — it rises when macro factors dominate and falls when crypto-specific dynamics take over. The asset oscillates between two regimes rather than settling permanently into either.

Crypto's multi-year bull and bear cycles emerge from three overlapping mechanisms: Bitcoin's scheduled supply shocks, speculative narrative feedback loops, and macro liquidity conditions. Understanding each explains why the pattern repeats — and why it's never identical.

Venture capital firms invest in crypto through mechanisms that don't exist in traditional markets — token allocations, compressed liquidity timelines, and protocol-layer bets. Here's how the model actually works, and what's genuinely different about it.

Crypto Twitter isn't just social media noise — it's where protocol decisions get debated before governance votes, where exploits get disclosed in real time, and where reputations form outside any official channel. Here's why one social platform became structurally load-bearing for crypto.

Discord became the default community layer for crypto because its server architecture, role permissions, and token-gating bots map unusually well onto how crypto communities need to be organized — and why alternatives haven't displaced it yet.

Bitcoin has 21 million. Ethereum has no cap. Dogecoin's cap was deliberately removed. The design choice follows from what the token is trying to do — and whether new supply is productive or dilutive determines whether it matters.

Hardware wallets cost money because of the secure element chip — a purpose-built processor that keeps private keys isolated from every attack vector on a connected machine. Here's how the mechanism works.

When you deposit crypto on an exchange, the exchange controls the private keys — not you. Here's why that architecture exists, what it costs you, and what's changing.

Bitcoin maximalism isn't just tribalism — it's a specific thesis about how monetary networks concentrate value and why Bitcoin's founding properties are structurally unreplicable. Here's the actual argument.

Ethereum's base layer processes ~15-30 TPS because every full node validates every transaction. Sharding breaks that constraint — but not by running parallel execution chains. Here's what Ethereum is actually building and why.

MEV — maximal extractable value — is a structural feature of public blockchains, not a bug. Block producers have discretion over transaction ordering, and that discretion creates extractable value. This post explains who captures it, how, and what's being built to change the dynamic.