Perspectives

The work, in writing.

Thesis-level views on the protocols and markets we follow. We publish our reasoning.

Sovereign money & privacy · January 2026

Privacy as a monetary property: the Zcash case

Transparent ledgers leak by design. We examine Zcash's selective-disclosure privacy, its post-quantum posture, and why financial privacy is a durable, investable thesis — not a tail risk.

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More perspectives to follow. Detailed strategy material is shared with qualified investors — request access.