The most realistic approach is to cooperate. Because that's the situation. It is easy to oppose a new technology. Because in the early periods, their supporters are scarce. However, if something prohibited is beneficial, people's interest will increase. I think what needs to be done is to integrate it into the current economy.
Apparently the German government completely agrees with you on this one.
Imo, it's just a matter of time until every government will realize that it's disadvantageous, economically, to ignore cryptocurrencies any more. These currencies may not be perfect yet, because nothing is perfect in its early stage, but ignoring them is an economic suicide.
They are slowly getting into the game, one step at a time. Their resistance are now gone. Well, there are still some negative statements against cryptocurrencies but this is just the last round of their fight for the old system. Deep within them they are aware that the world of finance will have to open up for new innovations.
What provides a ray of optimism is that however stupid the governments can be themselves, they are receiving better and better advisers these days, because people in general become more educated faster than ever today. The only thing governments need is providing the fair process of selection for the positions of advisers. It looks like Germany is doing the right thing in this regard.
