The new and emergent global financial system will be overwhelming in scale and complexity. It will exert an unprecedented influence over the daily lives of everyone on the planet. Multiply the current 60 major stock exchanges around the world by the number of existing cryptocurrencies, add a few years of mobile app development and regulatory frameworks, and then divide that by the number of competing regional jurisdictions to get a sense of how much value will be exchanged electronically at any given moment between billions of people and institutions.
The history of capitalism is long and convoluted but it will begin to sound parochial compared to these new chapters, defined by digital wealth. Ubiquitous computing power embedded in everyday objects will continue to intersect with the virtualization of almost every asset class, creating the necessary environment for a Cambrian explosion of software-driven transactions, business models, cultural trends.
This is the economy expanding inward: a luminous vortex where every object and every idea can be registered, listed, traded instantly by all. Where regulation and bureaucracy can be condensed in a generative mobile interface, and every financial agreement can be negotiated by loyal, polite, silent algorithms.