Friederike Ernst, co-founder of Gnosis, has expressed concerns that the increasing involvement of Wall Street and traditional financial institutions in the crypto space may dilute the industry's core values. Ernst emphasized that cryptocurrency was originally intended to reshape financial systems and power structures, focusing on individual sovereignty and shared ownership, rather than serving as a mere upgrade for traditional finance. Ernst highlighted the industry's evolution since Gnosis's founding in 2015, when crypto was seen as a fringe technology. She noted that the current mainstream adoption, marked by developments like Robinhood's blockchain-related stocks and major banks hiring stablecoin engineers, risks shifting the focus away from crypto's foundational goals. Ernst urged entrepreneurs to remain vigilant against value drift, ensuring that cryptocurrencies do not become mere extensions of the existing financial system, thereby preserving their decentralized spirit.