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Under modern political cycles, election candidates frequently promise to expand public spending to win votes—this logic is played out repeatedly. From education subsidies, childcare services, and healthcare to recent food assistance, the policy list is growing longer. On the surface, these are all labeled as "free," but in reality, they are financed through tax and debt transfer costs.
What problems does this model create? Government spending expands year after year, yet there is no corresponding accountability mechanism. When fiscal management lacks constraints, resource misallocation and waste become inevitable. The deeper issue is that the centralized distribution model itself lacks a market feedback mechanism.
In contrast, the rise of decentralized finance and crypto assets precisely reflects people's distrust of traditional financial systems and government-monopolized currencies. This is not only technological innovation but also an economic resistance to the old power structures. When governments frequently divert tax revenue to large-scale welfare spending, protecting individual assets and financial autonomy become especially important.