Freedom from Banks- fine. But,how is it free from greed? How is it freedom from limitations?
For example: Because not all people know about bitcoin or cryptocurrencies, only early adopters will get a grasp of the value, and not all are into the digital world. The poor will still remain the poor. The value of money comes into the hand of only those people who came in early.
As on limitations, let's say my country Nepal for an instance where 19% of the national budget comes from the remittance. That 19% of the money, with crypto being into used, is a loss-for the government.
This, I put, as an doubt- a doubt due to my own ignorance and as I still try to learn more about the system of the crypto world. Your answer to the same would be a great help.
Thank you for putting this up here @namiks
In reference to greed and limitations: that's mostly connected to banks and other financial institutions that want to essentially own your money and tell how and where it can be spent.
With the blockchain, people are free to build their own software and applications that expand upon the currency, that removes a lot of limitations and places even more opportunities to those within the currency. For example: a few years back I had heard of a startup that developed a way to transfer Bitcoin through SMS, so that people in areas with no Internet connection, but a phone network signal, could still send money instantly to another person. Consider the fact that it also created a method in which people could send money and avoid any possible censorship online, in addition.
Take a look at how Auroracoin benefited the citizens in Iceland: the coin was developed, and 50% of them were distributed among the citizens through means of identification.
So, in terms of an entirely fair distribution, there are methods of completely ensuring fairness of coins and Tokens.