According to the author, corporate actions like Coinbase's political sponsorships and Ripple's lobbying activities are undermining crypto's original cypherpunk principles, potentially increasing regulatory scrutiny and affecting investor sentiment towards cryptocurrencies such as BTC, ETH, and XRP. The author cites Coinbase's sponsorship of a military parade and hiring of ex-DOJ staff as examples that could erode trust and lead to market volatility, while noting that events like Bitcoin ETFs bring liquidity but not ideological alignment, heightening risks for traders.