Are i just feeling a growing feeling Cognitive incompatibility Right now in Crypto?
The crypto industry always has revolutionary roots. It emerged with bitcoin whitepaper in 2008, which is a direct response to the financial crisis, which reduced livelihood while protecting a systematically flawed, corrupt banking system. Bitcoin was not just a technological innovation – it was a political and ideological statement. A sign that builders and thinkers were ready to challenge the status quo only with words, not only with words.
As someone has worked in Crypto for years, I should celebrate. Today, decentralized technologies are no longer on fringe. Fintechs are adopting stablecoins. Bitcoin ETFs are trading on traditional exchanges. The average person has heard of the blockchain. From Capital Hill to Davos, Crypto is no longer laughing out of the room.
But despite this surface-level “validity”, I cannot help, but feel that something necessary is lost. Crypto’s ethos-cyanpank values that we have found here-is being diluted, co-diluted, and in some cases, is directly cheated.
The main belief of the Cipherpank movement is that technology can be used for rebellion power – away from removing governments and monopolistic corporations and individuals. Peer-to-Pier Network, End-to-end encryption, censorship-resistant platforms-these are not buzzwords; They are commitments to improve our society.
Stripe An Acquisition Crypto Infrastructure Startup? Great, but it does not make validity in the crypto industry. This is a survival step by Big Fintech to remain relevant and improve your product offer. Circle Public is a corporate milestone, not verification of the principles of crypto. A bitcoin ETF can bring liquidity, but it does not bring ideological alignment.
These Finntech brands are not leading a movement – they are reacting to it. They are trying to keep pace with Crypto-Mool upstarts that are quickly obsolete their heritage models.
Let’s not confuse the acquisition with verification. Just because the suits are now interested in the equipment we now interested, it does not mean that they preserve, respect or intend to preserve the existing causes of those equipment.
Crypto was not considered another tool in the hands of the state. It is considered a counterweight.
So it is understood that recently in political engagement and clear regulator structures – like talent act – like a manner. Applications like Coinbase and Polymarket are domestic recognition. The successor of President Biden has also increased an olive branch for the industry.
But somewhere, many of us have lost the plot.
A great example? Recent sponsorship of the coinbase of a military parade affiliated to President Trump.
https://x.com/acyn/status/1934018536571371719
This is not a partial criticism. It is a royal. The mission statement of the coinbase emphasizes that political reasons are “distraction with our mission”. Nevertheless, in practice, the company has repeatedly align itself with political events-from sponsoring the inaugural funds for the post of President, to recruit pre-interview employees and to complete the political side.
CEO Brian Armstrong’s recent request of former Dogi employees is quite poignant: “If you are looking for your next mission after serving your country, consider creating a more efficient financial system for the world in the coinbase.”
Framing the mission of the coinbase for the state – applies creeping fusion between the stewers of the crypto and very power structures that we were for imbalance.
Yes, the coinbase is a publicly trading company. Yes, it operates in a jurisdiction ruled by laws and politics. But being obedient does not mean that it is being co-died. Sponsoring political events, aligning with political figures, and closely changing profit in power reduces the moral ground of decentralized technology.
And the coinbase is not alone. Crypto-funded super PACs are putting money in elections at every level. Ripple is now a lobbying jugnote in DC, we are still with the shocking corruption that was FTX-where political charity and impact-paying manipulation tools, not participation.
This is not a slippery slope. We are already slipping.
Cipherpankism is more than a beauty or an ideology. This is a commitment to the building system that makes the centralized power obsolete – not tolerated or interacted with it, but irrelevant. It is about the manufacture of devices that empower individuals, preserve privacy, and promote more open and flexible society.
Crypto founders, investors and institutions need to see these roots again. Blockchain purpose is not to repeat traditional systems with Xinier branding in political military ceremonies – it is fundamentally to change how those systems are worked. To create a future where financial freedom, privacy and open access are not privileges, but lapse.
Yes, we should engage with regulators. Yes, we should work within the legal structure. But it is far from becoming his cheerleaders. There is a difference between navigating the system and consumed by it. Playing the game and it is a difference between forgetting why you joined it in the first place.
We give it to the movement – and ourselves – to remember why crypto exists. Not to appeal to governments, but to make them accountable. Not to win political favor, but to present such a side unnecessarily. Not to create a brand, but to create freedom.
The real cyarpanks are still out. But this is the time when we listen to our voice again.
