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While an excellent use case, how big on an overall economic level is this? $20 billion? The big four accounting firms bring in about $40 billion in revenue ea

While an excellent use case, how big on an overall economic level is this? $20 billion? The big four accounting firms bring in about $40 billion in revenue each. Thus $160 billion would seem to me to be a reasonable order of magnitude estimate for the max value audit-free fin-tech can create. Is there a better estimate of total value this can create?

v64 9y ago
> Is there a better estimate of total value this can create? I don't think there'll be a way to realistically estimate this for at least another decade. That would be like asking what the effect of TCP/IP will be on eCommerce in 1980. What I've laid out is very, very high level, while the technology is still in what could be considered pre-alpha stages.