# kaal:claim:3808867-039

**Claim.** Transacting in cash costs United States consumers roughly 200 billion dollars annually, about 637 dollars per person, driven by the costs of production, storage, and transportation.

**Type.** empirical  **Support.** evidenced

**Holds when.**

- United States, early 2020s

**Source quote.**

> In the United States, transacting in cash costs the consumer around 200 billion dollars annually— about $637 per person annually, which is a result of the cost of production, storage, and transportation, among other factors.

**From.** Wulf A. Kaal, *How Decentralized Systems Can Upgrade AI* (2021), V. Decentralized Commerce, page 19

**Cite as.** Wulf A. Kaal, How Decentralized Systems Can Upgrade AI (2021). SSRN: https://ssrn.com/abstract=3808867

**Verify.** sha256 of source PDF `eeccf6d0587bd278a96ce6ac8ec5003e26d161c245f6c94b4144d84f374802eb` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202021%20-%20How%20Decentralized%20Systems%20Can%20Upgrade%20AI.pdf

**Topics.** economics, empirical-evidence

**Keywords.** cash, transaction-costs, empirical-data, payment-systems

**Related claims.**

- restates: https://wulfkaal.github.io/claims/3402701-006

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.