...it, and yet its total market value at the time was 1/12th the size of Microsoft or 1/6th the annual GDP...Bhutan’s current Bitcoin balance is worth roughly 2x their foreign reserves and nearly half their annual GDP...

...revolution, we are likely to run this back turbo in services, industries accounting for ~70% of US GDP...If GDP is the product of population x productivity per person, sovereign agents provide a chance to scale...That the ~70% of GDP congregating in services will stream consistently into the waiting arms of the attention...

Thesis #4: Stablecoins and Global Payments In 2023, global GDP was ~$100T.

For context, that’s equivalent to ~4% of US GDP and ~20% of the USG’s total revenue in FY 2024....That’s over 30% of annual GDP....Many Eurozone countries are likely to continue running mid-to-high single digit deficits as a % of GDP...Even as several of the largest EU countries are already running considerably high debt-to-GDP ratios.

Fedwire and ACH process well over $1 quadrillion in annual volume – orders of magnitude greater than GDP...

...estimating the tokenized asset market could reach $16 Trillion by 2030, equal to 10% of the global GDP...

Macro Landscape Key economic dates: Core PCE (Friday), GDP final numbers (Thursday) Next week brings...

Macro Indicators – Mildly Bullish Declining inflation expectations, rising CEO optimism, and stronger GDP...

The WEF predicts that 10% of the global GDP will be onchain by 2027, further supported by reports from...

Real GDP growth has slowed while the Citi US Economic Surprise Index just hit its lowest level in almost...Japan can’t really afford higher rates — and the country’s unsustainable fiscal path (extreme Debt/GDP...They can’t keep rates higher-for-longer forever given the size of US debt/GDP and the adverse impact...

...hawkish stance led to recalibration in market expectations for 2024 Key economic data points coming: GDP...

With a TAM that’s about half of global GDP (>$100 trillion), they will most likely grow into one of...

Obligation clearing saved 7.58% of GDP in 1992, shielding the Slovenian economy from a cascade of liquidity-related...

Second Life, Entropia Universe, and Eve Online, which have grown their virtual economies to an estimated GDP...

South Korea’s GDP is over 50x larger than North Korea’s because of decentralized decision-making.

...and will be slowed by data regulations in many jurisdictions but the industry is massive (~20% of US GDP...Markets in capital and labor were a crucial driver in increasing GDP per Capita by >30x in many areas...

Furthermore, their core businesses are throwing off the equivalent of >1.5% of GDP in operating income...over the next five – an absolutely mind-blowing number in capex spend, passing all but 18 countries’ GDP...

...between the world’s largest companies with US$400b in cash, throwing off the equivalent of 1.5% of GDP...

...physical coats to digital skins, from jewelry to NFTs – has been clear as the internet eats global GDP...

They mean lower GDP growth and less employment....The Internet Financial System will lead to faster GDP growth....Stronger property rights at home lead directly to GDP growth....I believe 75 basis points of additional GDP growth is in the cards....That would mean an additional $15T of GDP over twenty years.