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The Cornerstone of Freedom Is Freedom to Transact
In china, you don't have that freedom. The government watches everything you buy and sell, electronically. Once you make it cheap, people who want to cheat on their taxes, ransom ware, can also do bad stuff cheaply. But if the government controls and watches every single transit and leaks every single transaction we make, we've just lost all sorts of liberties. That is the hard question, which i think we must answer optimistically.