the answer is blockchain
China has demonstrated that it is easy to block the interface between currency and cryptocurrency. You still have to trust a third party
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Sure China can do that! They can also put innocent people in prison, misuse A.I and face recognition on a large scale, suppress ethnic minorities, and many other things... the interface you’re talking about is not a part of a blockchain system yet, but it will be in the future.
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You've moved the goal posts from blockchain is useless to, blockchain can't help me get fiat. Separate issues. Blockchains solves a very specific issue, which is censorship, not liquidity.
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