State approaches toward cryptocurrencies are frankly abysmal. Regulations are generally focused on tax collection rather than understanding the true spirit of the technology. It is impossible to justify a mindset that ignores the losses but demands half of the profits. Currently, the most viable strategy is diversifying assets across cold wallets and utilizing them within DeFi protocols. I hope to see crypto cards become more mainstream in the near future, though it’s clear banks will continue to impose sanctions and payment hurdles. If mobile QR payments and virtual card solutions can be established on a solid crypto-based foundation, it would be a game-changer. While the narrative of a 'cashless society' has its critics, it is still preferable to a system where states claim half of the rewards without sharing any of the risks.