david hernandez.xyz

The postwar financial order is structurally fragmenting. The erosion of the petrodollar, declining trust in sovereign institutions, and great transitions of power all point to credibly neutral mediums becoming more valuable as the old ones lose legitimacy. As the macroeconomic regime changes, beliefs change, and internet systems owned by all become the fallback as regional conflicts flare across the world.

Cryptography is a necessity to exchange amidst that loss of trust. Peer-to-peer transactions on decentralized networks, programmable and computable financial privacy, and trustless, democratic capital formation involve raw operational transparency and extreme value delivery, features the legacy system cannot replicate.

Artificial intelligence compounds these effects. Autonomous agents will reconcile credit on massive scales and must transact on rails where settlement is final and code is the contract.

Blockchains behave less like marketplaces and more like jurisdictions. Each sets its own monetary policy, property rights, and rules of commerce, and each competes for capital on the credibility of those rules.

The winning protocols share a design choice: routing real value back to the participants who secure and supply them, rather than to intermediaries who merely sit atop them.

Capital migrating toward these systems is less a trade and more of an acknowledgment that the legacy system's rules can no longer be trusted to stay neutral, and that better rules now exist.

I am a Colombian-American exploring the frontier of financial technology.

Currently, I am a crypto investment specialist at 21Shares.

I used to work as a multi-asset macro strategist at BlackRock.

I attended the University of Pennsylvania.

Reach out to me at dshernandez2397@gmail.com.