A perfect answer to my question and if we talk about the continuous change in policies and new regulations like in India people are now in panic as there is a 30% tax on profit earned from crypto. That is not acceptable by the people, this is not promoting web3 but rather killing it.

We need reforms, the proper reforms to make it all worth for people living in India. Hardware wallet is the option for long term holding but at the end of the day we pay 30% of our earned profit, that is actually sad. ( be it 100 inr or 100k inr you pay 30%).