its not about getting their cut. fiat is owned by the governments. so its not a cut.. they own it all anyways.. all they want is to control who has it and how much those that have it use for crimes.
the fiat in your pocket is not yours.. it is the governments, they just have a free licence for citizens of that country to use, unless it is found to be used for crimes, where they can revoke your freedom to use their property (take your fiat off you).
That would be dubious even if they made that explicit claim. If anyone anywhere ever trades a thing they made for another thing then the original is no longer theirs. Even their own courts would not enforce the money printers taking back the money they paid for buying giant slabs of marble or cleaning their mansions.
read this
In 1775, the Continental Congress authorized the issuance of currency to finance the Revolutionary War. The obligation printed on these notes read:
This bill entitles the BEARER to receive Three Spanish milled Dollars, or the Value thereof in Gold or Silver, according to a resolution of CONGRESS, passed at Philadelphia February 17, 1776.
keyword entitles..
if you break the law your no longer entitled to the money. the government own the money and they choose who is entitled to it.
you can also tell its government property because of counterfeiting laws.
unlike music. if you make a song, you can produce as many copies as you like and you get to say and be incontrol of who else can make copies or if you even allow them to make copies.. because its your property..
money is not your property.. you are just an entitled bearer(holder) of it. do something illegal, and you will lose your entitlements.
maybe my last post should have used the word entitlement as oppose to licence to use