According to Fortune, Wintermute founder Evgeny Gaevoy said on the Crypto Playbook podcast that the industry has drifted from its cypherpunk roots toward a "number go up" narrative. He argued that stablecoins reinforce U.S. dollar dominance rather than build a decentralized parallel system, and that crypto should reconnect with its cypherpunk ethos instead of fully integrating with Wall Street. Despite Ethereum's $120 billion-plus in TVL, he added that real decentralized application adoption remains limited ...