The global remittance market transferred more than half a trillion dollars last year, typically at exorbitant, near monopolistic rents.[0] How big of an indust

The global remittance market transferred more than half a trillion dollars last year, typically at exorbitant, near monopolistic rents.[0] How big of an industry are electronic payments? Anyone have a guess? I couldn't even find a number I was confident was a reasonable approximation. Unfathomably large. A unit of exchange as volatile as BTC is not an obvious ideal in the US. But what about in Venezuela, compared to local currency? What's the value of an asset that holds or appreciates, or even bounces around wildly in value in comparison to a currency with triple digit inflation? If all it does is put a stop to the grossest malfeasance by the dozen worst central banks in the world, how would we calculate that as a value? It's reasonable to believe that BTC isn't the ideal solution for any of these, but with the established markets, even if it is destined to just take over a minority 1% of those sectors, then it's currently far undervalued. If it has a shot at preventing governments from causing mass starvation by printing money and passing it to cronies,[1] then it's a net win for humanity. [0] https://www.theguardian.com/global-development/2014/aug/18/global-remittance-industry-choking-billions-developing-world https://www.theguardian.com/global-development/2014/aug/18/g... [1] https://www.youtube.com/watch?v=S1gUR8wM5vA https://www.youtube.com/watch?v=S1gUR8wM5vA