Hydrogen Peroxide is H2O2 and it is unstable, it readily breaks down into just plain water H20 and O. Nascent oxygen, is fiercely reactive *something* is going to get oxidized, living things do do well in such conditions.
Peroxide reacts with human blood, the bubbles are nascent oxygen. Peroxide can be used to clean up a minor blood spill on a white lab coat. The reaction smells like burnt hair or feathers.
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