In a recent blog post, Jesse Walden of Variant Fund argues that the original cypherpunk values that inspired early blockchain development, such as censorship resistance and permissionlessness, are likely to diminish over the next decade due to institutional adoption. He notes that smart contract platforms are increasingly focused on performance, cost, and legal compliance rather than the ideals of the past. As popular use cases like stablecoins and real-world asset tokenization do not require decentralization, Walden suggests this commercialization of crypto, while involving compromises, could create new opportunities for impactful growth. He compares this evolution to mainstream music, emphasizing that despite concerns about diluted values, there remains potential for significant cultural influence. Source: Cointelegraph
