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2026-02-22 11:47:27 UTC

Ultimate Satoshi on Nostr: šŸ’¬ Wintermute founder Evgeny Gaevoy stated on the Crypto Playbook podcast that the ...

šŸ’¬ Wintermute founder Evgeny Gaevoy stated on the Crypto Playbook podcast that the industry has moved away from its cypherpunk roots toward a narrative of "rising numbers."

He argued that stablecoins reinforce the dominance of the US dollar rather than building a decentralized parallel system, and that crypto should return to its cypherpunk ethos instead of becoming fully integrated into Wall Street.

Despite Ethereum's value-added layup (VAL) of over $120 billion, he added that actual adoption of decentralized applications remains limited.