Finance Becomes Invisible: The Rise of the Programmable Market

Finance is undergoing a radical transformation, driven by three core factors: mass participation, permissionless innovation, and market programmability. As market entry barriers decrease, finance becomes increasingly intertwined with culture, enabling users to participate in economic upswings and downswings through transactions.

The concept of 'everything is a market' suggests that any aspect of life can be turned into an economic opportunity. This idea is exemplified by the rise of stablecoins, which have enabled global economic access on a scale previously unimaginable. The next decade will see the evolution of markets from discrete venues to APIs, generating real-time information that is difficult to forge.

The combination of cryptocurrencies and artificial intelligence (AI) has created a new design space for market creation and participation. This fusion enables the building, modeling, and automation of complex systems, making it possible to predict or make informed decisions about future outcomes. As markets become more expressive and accessible, finance will become embedded in culture, with users expecting their AI agents to participate in marketplaces.