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Monday, January 26, 2026
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No matter occurred to the "Cypherpunks"? Our business has traded its soul for VC funding

January 26, 2026
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I’ve been wanting again on the 1993 Wired piece "Crypto Rebels" and it’s a intestine punch in comparison with the place we’re in the present day.

Again then, the motion was a "gathering of those that share a predilection for codes, a ardour for privateness, and the gumption to do one thing about it" It was not about airdrops or "constructing for exits" It was about constructing a

"Cypherpunks don't care when you don't just like the software program they write Cypherpunks know that software program can't be destroyed Cypherpunks know {that a} broadly dispersed system can't be shut down Cypherpunks will make the networks secure for privateness"

The world undoubtedly modified due to crypto however it looks like we misplaced the plot alongside the best way, most of in the present day's "innovators" are simply enterprise capitalists and cash followers and the place are the true cypherpunks? The place are the folks like Phil Zimmermann who considered releasing code "like 1000’s of dandelion seeds blowing within the wind" whatever the private threat?

I really feel like we have now traded a device for human liberation for a high-stakes on line casino

Can a venture even survive in the present day with out the "enterprise capital" mindset? Am I the one one who feels just like the soul of this motion has been changed by a spreadsheet?

I'd love to listen to from anybody else who misses the "mathematical fortress" period

If you wish to see simply how far we have now drifted from the unique imaginative and prescient, I extremely advocate studying this text from 1993

submitted by /u/Ill_Sandwich5917 [comments]



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