.... At least with fiat there are rules. There are no rules in Crypto, and by the time rules ever do get put in place, if ever, the criminals will be at the top.
...
I concede that right now the cryptocurrency scene is a bit like the Wild West.
However, the situation was probably similar when fiat money was introduced.
Regulations take time and we are already starting to see the beginning of this process
in countries all over the world. Back in 2010 no country had plans to tax cryptocurrencies and
nowadays nearly every country has announced how cryptocurrency profits are taxed.
Give it some time and the cryptocurrency scene will be much more regulated than it is today.
Besides, there will be insurance products in case that your wallet gets hacked or your exchange
goes bankrupt.