

So do regular fiat payment processors that are beholden to citizens and not faceless shareholders. Wero and Pix for instance.
Democratic governments are supposed to safeguard your ability to exchange legal tender for legal goods and services. The fact that Visa/MC have a duopoly and a stranglehold on the entire online economy is a major governance failure that needs to be rectified ASAP.
Crypto goes a lot further and says no-one, not even the government, should be able to prevent a transaction from taking place. Not necessarily an invalid idea but it does come with some huge unanswered challenges, such as “what happens when someone makes 1B€ through fraud and refuses to hand over the coins” and “how do we even prevent large-scale fraud in the first place”.
The first part applies to… Most of the world outside of Europe?
The second part applies, to lesser degrees, to a large part of the world. Such as the USA.
What even is this argument. Israel’s not a state? Well fucking great, so following that logic which state should we hold responsible for Israel’s crimes then?
Europe’s colonial past is a whole-ass subject but amongst all the potential ways to try to make up for it, “stop formally recognizing former colonies because we fucked it up too badly” is one of the worst takes I’ve heard.