The Atrophy of the Crypto Spirit : A Requiem

Crypto was supposed to be the counterparty to reality's risk; now that is gone. The crypto industry is no longer the one I knew, the one that could change the world from within.

We are witnessing a strange, quiet atrophy.

Look closely. The market cap may be hitting new highs, liquidity may be flowing, but the organ that actually matters—our collective imagination—is withering.

The vision that once pulled us away from the mainstream, the belief in a different order, has been replaced by safer, sterile words: Compliance. Retention. Narrative. ETF.

We used to talk about decentralization, sovereignty, and revolution.

Now, even the whispering of those words has grown thin. Image In its place, a seductive new story has taken hold: The Super-Individual.

The narrative goes like this: With AI and crypto networks, one person can achieve company-scale leverage. You can be a "free node," liberated from organizations, commanding global reach.

It sounds like a Cypherpunk triumph.

In reality, it is the exact opposite.

The "Super-Individual" is a trap.

Capabilities expand, but dependence deepens.

Tools multiply, but exits narrow.

Identity grows richer, but verification gets tighter.

You can code with AI, but only under the model’s safety guidelines.

You can build a brand, but it hangs by a thread beneath platform algorithms.

The moment a platform tweaks its payout structure or visibility rules, we instantly study the new mechanics like docile apprentices. We calculate how to please the algorithm for a few more scraps of visibility. When the rules tilt in our favor, we call it "progress." But the same hand can reverse the dial tomorrow.

Our dignity now depends on the direction of the feed.

Compared to the Sovereign Individual of the 90s, the modern Super-Individual is merely an elegant leaseholder. The efficiency is yours; the sovereignty belongs to someone else. Image Cypherpunk was never about efficiency. It was about boundaries.

In the 1990s, that generation didn't ask for "better user experience" or "institutional adoption." They saw email traveling naked and cryptography treated as munitions. They didn't ask for protection—they dismantled defensive capabilities from institutions and handed them to ordinary people: PGP, Tor, Bitcoin.

Their core conviction was cool-headed, not romantic:

If individuals cannot defend themselves at the technical layer, freedom is just an option in the Terms of Service. Image Today, the threat is replaying on a deeper, more terrifying scale.

Technology has slid from screens toward bodies and minds. Embodied AI records behavior; spatial computing maps your living room; AI agents make decisions on your behalf. Capital no longer settles for knowing what you clicked—they want to know how you think, how you hesitate, how you dream.

In this world, the question is no longer "whether to embrace technology," but "who owns the right to refuse?" Image And this is where Crypto’s position becomes painfully awkward.

It has failed to become society's default layer. Instead, many practitioners now treat political alignment as a lifeline. They believe merging with the new power cycle will grant legitimacy. But in practice, this relationship is transactional, not respectful. Power needs a new wealth narrative; the industry needs a pass.

When a field begins to live by pleasing, it inevitably becomes a tool.

The world has returned to imperial competition. "Survival overwhelms enlightenment." Whatever can be weaponized will be. In this cycle, most of "Crypto" will be co-opted as an economic weapon for the state—transparent, traceable, and compliant. Image The darkness is real. But this is not the end.

Because in the shadows of this atrophy, one signal remains distinct. One signal refuses to be "efficient" at the cost of being "sovereign."

Monero ($XMR).

While the rest of the industry rushes to build "compliant layers" and "identity solutions" to please the masters, Monero remains the only tool that still honors the original 1990s contract: The right to refuse.

  • It refuses to be surveilled.

  • It refuses to be frozen.

  • It refuses to distinguish between a "good" user and a "bad" user.

Monero is not trying to be a "Super-Individual’s" efficiency tool. It is the Sovereign Individual’s shield.

If the future is a world where every thought, transaction, and movement is indexed by AI and state power, then the most valuable asset isn't the one that goes up in price the fastest. Image The most valuable asset is the one that allows you to disappear.

We don't need more "Super-Individuals" leasing power from giants.

We need Dark Builders constructing the exit doors.

The atrophy stops when we stop asking for permission.

The revolution isn't dead; it just went private.

Make your portfolio a fortress, not a billboard.

Stay dark. 🏴

Let the KYC R.I.P. [kyc.rip]