According to the author, the dilution of cypherpunk values in crypto, such as decentralization and privacy, could heighten market risks and regulatory scrutiny, affecting trading sentiment for assets like BTC and ETH. The article cites Coinbase's sponsorship of political events and hiring of ex-government staffers as examples of corporate alignment with state power, which may increase volatility or undermine investor confidence in decentralized technologies. Ripple's lobbying efforts and the FTX scandal are highlighted as evidence of industry-wide ethical lapses that could lead to tighter regulations, influencing crypto prices and adoption.