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by unityByFreedom 3259 days ago
> One of the hugely compelling benefits of cryptocurrencies is they entirely eliminate the necessity for such middlemen taking a cut

Only if you don't count the online exchanges as middle men. Right now I still pay 3-5% to convert fiat to digital money, depending on where my fiat comes from.

The theoretical future where nobody needs to convert between digital coin and fiat isn't here yet.