[gls2ro]

It seems the core of this is that Paypal charges 3% and alternatives like banks don't work because either they are not allowed to transfer that much money or the recipient does not have an account.

Regarding the transfer cap, I really don't understand this. Is that a cap on personal transfers?

Regarding Paypal price, let me ask this: Is the 3% Paypal asks required costs o working with fiat currencies? NO.

Then that is that? That is the price Paypal asks for using their product. Is a price on a free market.

So how will this happen in the crypto space?

Will everybody know how to do transfer with crypto? Or will there appear some products that might charge a fee to facilitate the transfer? And if they will appear what stops them to add 3% fee?

If the answer is everybody will know how to keep a personal wallet and do transfers then the answer is probably wrong. People (outside our small IT bubble) don't want to learn complicated technologies so a nice product with a good UX might appear that will do what PayPal did for credit cards transfers and they will find a way to charge their users.

[melony]

The state (in the general sense, as in the federal government) wants to know where money comes from and where money goes to. Control over capital flow is one of the fundamental levers of modern day political power.

[D13Fd]

You can say that and it sounds intellectual, but the government’s real interest is in collecting taxes and preventing crime.

If you’re not trying to avoid legally-owed taxes or commit crimes, these things can all be done by traditional means.