The correct allocation when asset risk is included in any MPT portfolio is 0%. All accounts will eventually reflect this, either by not ever buying the digital collectable or letting the positions ride down to $0.
I actually appreciate the cryptos were around during all these financial experiments (bond buying QE, direct checks, rent/loan moratorium) as it gave stupid/greedy people something to waste their money on rather than dumping it in ZM, ARK, PTON, creating more losses in the market.
One can replace "socialism" with "crypto" and the sentences all sound and will end the same way, a few corrupt parties will make a ton, leave their respective countries, find a more corrupt sunny place for shady people and live a life of luxury. Everyone else will be left waiting in line for panty hose and toilet paper. If you are a HODLer and haven't picked out your villa yet, you're in the latter group and should find a retailer that will take crypto for toilet paper.