[Alex3917]

This. Bitcoin only remains secure if the amount of electricity being wasted scales with the price. (Otherwise, the payout for double spending would exceed the cost.) For it to actually be a viable store of value at global levels, it would require burning orders of magnitude more electricity than is currently even produced in a year. It mainly appeals to the kind of people who self-identify as being good at math, but who are actually too dumb to do basic arithmetic.