On June 19, BloombergTV host and economist Joe Weisenthal wrote on the X platform that crypto culture has undergone tremendous changes in the past 5-6 years. It is no longer possible to hear the idealists of the past discussing blockchain democracy, universal basic income (UBI) and the open Internet, but all about finance and meme coins. In response, Vitalik Buterin responded that many idealized open Internet projects have actually made important progress, such as Farcaster, Lens, quadratic and retrospective financing, Zupass, privacy-protected ETH delivery methods, ZK voting implementation, etc.