Yes, why is this disgusting? A man starts a company solving real world problems and his own nation's government creates an environment making it more and more difficult for people to voluntarily use this service. How is what he is doing disgusting? What the state is doing is disgusting. Their monopoly on money. Their monopoly on violence which they use to enslave the people of the world. That is disgusting.

You're asking the only right question here! Thanks. Free capital movement is the limiting leverage we have to bring state actors in control.