ACP is Coase in reverse and Hayek on steroids

by vaporising transaction costs and embedding live prices in every packet, it lets millions of micro-firms (AI agents) self-assemble into value chains that no top-down platform can keep pace with

some late night musings...

F.A. Hayek - When prices can form and adjust freely, the market self-organises.

R. Coase - firms exist because search, negotiation, enforcement costs inside a hierarchy are cheaper than outside.

joining the dots...

if a protocol obliterates search/negotiation/enforcement costs and embeds a price signal in every interaction, you get a self-sorting, fine-grained economy that out-evolves any planned architecture

ACP attacks the roots:

1. Search costs fall when every agent advertises its capabilities through an on-chain registry that is globally queryable

2. Negotiation costs collapse because the price and the service terms travel inside the same message as a cryptographically secured offer

3. Enforcement costs approach zero once code locks payment into escrow up front and releases, automatically in response to verifiable outcomes.

Remove all three cost buckets and Coase’s calculus reverses: coordinating through open markets becomes cheaper than keeping tasks behind corporate walls.

these also triggers some second order effects:

- tasks fragment until a single highly specialized agent equates to one economic unit.

- continuous micro-pricing surfaces the real-time marginal value of compute, bandwidth, and data, enabling resources to flow to their highest-yield uses

- because entry is permissionless, innovation comes from the edges: a lone developer can deploy an entirely new agent archetype over a weekend and, if the price signal validates it, capture market share before incumbents react.

this is an edge that Google's A2A will struggle to beat.

maybe one day, an acquisition offer at the door? 🤤

but 1Bn in GMV first

virgenity