crypto

the 2025 crypto capitulation: everyone has finally admitted to themselves that crypto’s job is to help people make money.

it is financial infra. not vibes or art or messaging or regen or w/e.

make money.

Crypto has always been suits vs cypherpunks.

And no, it's not just suits.

Contributor @ /walletbeat.

Censorship resistance requires privacy.

Same with every technology throughout history really. There will always be new people who show up to build with new technology, and people who show up to extract as much as they can from it.

Not vs! Was very interesting observing people at Devcon one. Half of participants were hippies, other half were suits. Mostly everyone were likely cypherpunk.

Bitcoin capture will remain an issue as long as its monetary velocity remains at this low level.