- World GDP: 142 trillion USD.
- Global cost of corruption: At least 5% of World's GDP according to WEF. [0]
- Cost of violence: estimated to be 11% of GDP in 2012 [1]
We are already at 16% and we are not even counting resources and parts of the world economy under the control of authoritarian regimes.
[0]: https://www.un.org/press/en/2018/sc13493.doc.htm
[1]https://www.researchgate.net/publication/261037678_Estimatin...
[0] https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3102645
You are now talking about how much of a "real economy" blockchain can handle, which is a different matter and a totally unfair comparison. Let's talk about a "real economy" when people are allowed to enter a work agreement and have a contract specifying a salary in crypto.
