According to the author, the dilution of cypherpunk values in the crypto industry, highlighted by Coinbase's political sponsorships such as a military parade, could undermine investor trust and increase regulatory risks, potentially affecting BTC and ETH prices. Citing examples like Ripple's lobbying and FTX's corruption, the author warns that corporate co-option may lead to market volatility and erode the foundational principles meant to empower individuals.

According to the author, the dilution of cypherpunk values in cryptocurrency, evidenced by Coinbase's sponsorship of a Trump-affiliated military parade (as cited via Twitter reference) and increased lobbying by firms like Ripple, heightens regulatory scrutiny and could negatively impact market sentiment for Bitcoin (BTC), Ethereum (ETH), and Coinbase stock (COIN), potentially increasing volatility in crypto markets.

According to the author, the crypto industry's departure from its cypherpunk roots, as seen in companies like Coinbase engaging in political activities such as sponsoring events and lobbying, could heighten regulatory risks and undermine investor confidence, potentially leading to increased volatility for cryptocurrencies including BTC and ETH. This shift may prompt traders to monitor regulatory developments closely amid current market gains.