Cryptocurrencies are the end of middle-men

they say... and yet to cash out some STEEM, I have to send the funds to bittrex, then localbitcoins(0.001 BTC/ £12 fee), then I have to get my money from local bitcoins into paypal (3% + 30p fee), then I have to transfer it into a bank and then go make a withdrawal.

This doesn't look like less middlemen, it is actually more.

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