"If I were to build capital infrastructure from scratch, I wouldn't start with fiat - I'd start with blockchain" - as digital finance reporter Vlad Hryniv notes in his piece One Tweet, $3B Gone: Lessons for 2025 Investors.

Most of today's financial infrastructure is built on fiat: banks, markets, funds - all tied to centralized institutions and political stability. But in 2025, that stability is fragile. Markets move not just on fundamentals, but on headlines and personalities.

A single tweet from a high-profile figure can wipe billions off company valuations in hours.

The same piece presents a set of numbers that outline the growing cost of narrative risk - a market reaction driven not by fundamentals, but by rhetoric:

• Tesla lost $150 billion in a single day after a public conflict between Elon Musk and Donald Trump - the largest one-day drop in the company's history.
• Coinbase shed $4.2 billion following Trump's call for stricter crypto regulation.
• Netflix fell 7.2% in 72 hours after being labeled "worthless" in a political context.
• Binance, Kraken and WhiteBIT lost between $1.7B and $6B in market value in response to similar political commentary.

This clearly illustrates that:

traditional tech giants are deeply entangled with government infrastructure, making them vulnerable to sanctions, leaks and political remarks.

In contrast, crypto assets like Bitcoin and Ethereum often attract capital amid chaos because they don't rely on centralized power structures. They lack offices tied to specific jurisdictions or spokespeople who must respond to regulatory pressure. Instead, they operate through decentralized protocols and consensus.

One European venture fund lost $400 million in three days during a Big Tech sell-off triggered by political events! Instead of exiting, they shifted part of their portfolio to Web3 infrastructure, implementing blockchain custody, volatility-hedged derivatives and decentralized finance tools with verified KYC layers. This move was not speculative hype but a strategic adaptation to build resilience in a volatile environment.

So, if you had to build from scratch today, why would you start with the part that breaks under pressure? Blockchain-based systems offer a foundation better suited for the unpredictable, fast-changing realities of 2025.