How Many Billions of Dollars Will Cryptocurrencies Save?

One of the big upsides of digital currencies is that they will, as you've explained, lower transaction costs. Can you put a number on it? Let's say just the transaction costs. How many billions? Or i assume trillions of dollars? Are we talking about annual savings? Maybe ten years from now? My understanding is it cost the world d about one to two % of its g d p just to move money around the globe. So that's a huge saving. I talked about the velocity of money. If you're a merchant waiting 30 days to get paid, that means all your suppliers are waiting to get paid. Imagine if we can move that to instantaneous. That improves their