$100 Trillion

"If we could re-architect all asset ownership systems today without any historical baggage, how would we do it? On a technical basis, the answer is actually quite clear (if you don’t fully understand the next paragraph, that’s ok):

"The very people who want or need to escape their local fiat currency cannot. Argentinians, Venezuelans, Iranians, Turks, etc. overwhelmingly do not have access to securitized gold that trades on regulated exchanges."

Deflating the monetary premia of real estate, equity, and debt: $5 – 25T

Replacement for offshore bank accounts: $1 – 10T

There are a couple reasons for this. First, crypto is massively market expansionary (e.g., how many thought Uber’s addressable market was the size of the pre-Uber taxi market). And second, Crypto will absorb the monetary premia of many non-money assets that act as an inflationary hedge."

"It’s difficult to overstate the magnitude of this market expansionary effect. For the first time in modern human history, people will have the choice of storing their wealth in state-free money as opposed to their local fiat currency. Weak governments will collapse, causing mass migrations away from fiat currency."

Securing the world’s assets: $1 – 10T

I need to state this as clearly as possible: everything described above is compatible with the continued dominance of the USD, EUR, and other major fiat currencies."

Digital gold: $30 – $70T