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RE: What is Cryptocurrency, but a Return to Human Dignity in Economics? (Thoughts on crypto, humanity, and the inevitable upcoming clash between coin and state)
Of course the state is afraid of generosity, since it does not play the middleman and get its cut of the generous act in a p2p generous transaction.
When absurdity rises, creative solutions become imminent. It is no surprise that blockchain technology emerged, it is the invention of the age and will hopefully take us to an era where people are responsible for themselves and get out of the grip of the father figure "a state" that manages your life for you in a non-consensual exchange of a nice juicy cut.
The money is not able to be laundered by central government, at the expense of the public, with fees north of 30% in a lot of cases (30%+ wastage/fraud rate in medicare for example)