> that private firms cannot be trusted to manage financial transactions despite the massive history proving they can

I'm sorry, this is so laughably incorrect that I had to make sure I wasn't missing some obvious sarcasm markers. A history of massive, systematic failures that the state has continually needed to correct for, maybe. If only it were so simple as private = good and public = bad.

>The state is anti-innovation

Sorting algorithms are slow. Doesn't matter which one! I just know they're slow. Don't ever sort data. Ever. Sorting = slow = bad. You'll never convince me that different sorting algorithms have different characteristics and trade offs. Sorting is bad! Okay! End of story.