Great post. How many entities (individuals, families, communities, businesses, and governments) do you think will regularly transact on-chain?
An average of 6,000 TXs per block with two parties per TX leads to ~50,000,000 possible entities per month. If each entity participates in an average of 5 monthly TXs, that’s 10,000,000 entities. I think it is an optimistic scenario, but I'm interested to hear other opinions.