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To my knowlege, unless we completely abandon traditional currency, we still have the same problem. You still need 3rd party payment processors and/or currency exchanges, which have the ability to act as gatekeepers - esspecially since the libertarian markets promoted by crypto tend to end up monopolised eventually.
If Steam still accepted Bitcoin they could use that, unfortunately Bitcoin has been crippled and has been unusable as a currency for years (which is why Steam removed it from the store). No one but Steam and the end user could censor what gets bought, so it's a problem that it's literally impossible to happen with cryptocurrency as money, that is exactly the problem they solve, except people usually don't care about this problem so they think it doesn't solve anything.
How do you imagine any crypto-exchange acting as a gatekeeper? You can send your crypto from exchange to whatever address and pay for anything from there. To my knowledge, there are no exchanges that ask you to provide any details about addresses you're sending your crypto to.
Well, for converting from Crypto to government run currencies, you need some information, be it a mailing address, or a bank account. Ignoring that, I know some systems exist for blocking or limitting transactions between specific wallets (currently mostly used to block known scammers), although I'm not sure of the specifics of that.
But how do you use KYC to gatekeep anything regarding crypto? For example, how the thing which happened to Steam and Itch could happen in crypto world?
An exchange, intermediary, or market manager gets large, then blacklists the wallets or bank accounts of the company? Basically the same thing that happened with traditional currency. To my knowledge, theres nothing preventing that.
What stops the company to maintain a team of people whose work is to register new wallets and accounts on exchanges all day every day? How exchange going to figure out that a certain person's account is linked to the company? Even if they will hire detectives, what will they do if there is a whole team with rotating people? Also, exchanges don't ask you to pay taxes or declare where you got money from, that happens after you take money from them to your fiat bank accounts. Also, you can go to another exchange. There are countless exchanges, more than 2, and new ones can open every day (a big difference compared to payment processors, where just 2 basically monopolized the market).
So basically, set up a whole new, extra inaccessible payment system (that definately won't be intercepted by middle men) to be able to make transactions. And then how do you convert back to the dollar? You're in the same position.
There are countless payment processors and digital wallets, and new ones open regularly. You just don't hear about them (esspecially in North America) because unregulated capitalism has allowed Visa, Mastercard and PayPal to monopolize the market. What stops that from happening again?
Maybe they can withdraw it to their bank accounts and pay taxes as IT enterpreneurs. Exchanges don't have access to tax records and have no ways of finding out if they are linked to certain companies. Those people can probably declare it fully open in the taxes that they work on Steam's behalf for example, how exchange gonna find that out?
So the only problem is that we don't hear about them? But we can use them? If that is the case, why don't Steam and Itch abandon Visa and Mastercard and switch to something else entirely? In crypto, switching to another exchange is as easy as sending your crypto to an address. There are fixed withdraw fees. So you can send for example $100 billion worth of crypto for a fixed small fee (numbers for popular exchanges: $0.17-10 for BTC, $0.4-6 for ETH), no questions asked where you send and why.
The endgame of all this is that you don't need to convert crypto to fiat at all. But it's nowhere close so far.