
Paul Dylan-Ennis
Researcher and analyst focused on crypto culture, decentralization, and public goods; provides critical commentary on token economies, DAOs, and Ethereum ecosystem dynamics.
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Feb 12, 2026 • 36min
Crypto Can’t Accept That It’s a Subculture | The Breakdown | Full Interview
Paul Dylan-Ennis, researcher on crypto culture and decentralization, critiques token economies and DAO dynamics. He highlights decentralization theater, the tension between cypherpunk roots and degen financialization. Talks about public goods, Gitcoin lessons, limits of mainstream user adoption, and how centralized tech undermines decentralization.


