Unrestricted access to financial services is one of the main preconditions for achieving economic freedom. However, large portions of the planet’s population, especially in the developing world, remain excluded from the traditional banking system. The number of the unbanked or underbanked citizens of the industrialized, digitized nations is also unexpectedly high, now when almost everyone, everywhere has a smartphone in their pocket.Cryptocurrencies offer an alternative path, a fast track to financial inclusion. Unfortunately, instead of facilitating it, overly worried states, authorities and regulators often hamper the economic emancipation of those whose interests they are supposed to uphold. Trying to please political powers, many banks around the world have been busy raising barriers to both individuals and businesses dealing with cryptocurrency. That’s not to say they’ve done enough to broaden the availability of their fiat‐related financial services and products.