TechFlow News, February 3: According to DLNews, Friederike Ernst, co-founder of Gnosis, recently stated that as the cryptocurrency industry gradually gains mainstream acceptance, its core values are at risk of being diluted. Ernst believes that cryptocurrency was originally intended to drive a paradigm shift—ensuring platforms, currencies, and technologies serve people rather than exploit them. However, this vision is fading as Wall Street and traditional financial institutions enter the space en masse. Although the Trump administration’s crypto-friendly policies have brought regulatory benefits to the industry, Ernst remains concerned that institutions such as Robinhood and U.S. banks entering the blockchain space could cause cryptocurrency to lose its foundational principles of sovereignty, shared ownership, and individual autonomy.
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