“Number Go Up” Culture Is Killing Crypto’s Cypherpunk Dream, Wintermute CEO Warns

TLDR: Wintermute CEO Evgeny Gaevoy says crypto is now driven by a “number go up” mindset over cypherpunk values. Gaevoy argues stablecoins reinforce U.S. dollar dominance rather than building a truly decentralized financial system. Despite Ethereum’s $120B+ in TVL, Gaevoy says most of it is “stuck money” with little real-world application use. Gaevoy warns that [...]

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