TechFlow reported that Bloomberg TV's well-known host and economist Joe Weisenthal tweeted that crypto culture has changed dramatically in the past 5-6 years. Idealists once discussed blockchain democracy, universal basic income (UBI) and an open Internet, but now it's all about finance and meme coins.

In response, Vitalik Buterin said that many idealistic open Internet projects have made important progress, such as Farcaster, Lens, quadratic and retroactive financing, Zupass, privacy-preserving ETH sending methods, ZK voting implementation, etc.