The state cannot efficiently allocate capital, only the free and private market can.
The state steals 30-65% of my salary through progressive taxation. In other words, the more productive I am and the more I provide to society, the more they punish me.
Then they add a tax on everything I buy (with already taxed money).
Then they steal another 5-10% (at least) with inflation.
As if that wasn’t enough, they have a mountain of debt, and it’s growing.
And still they provide a shitty service!?
Gee, I wonder why we need #bitcoin.