Bitcoin is a massive waste of electricity for no good reason other than indulge early adopters fantasy for unearned wealth.

All the fantasies and benefits it was originally promoted for have fallen by the wayside and only greed remains. It's an inefficient protocol and is now simply a store of speculated value and can't perform any other function by design.

The bitcoin ecosystem is eager to sell out to the very financial establishment they were ranting about throughout its history. News of any bank even thinking about crypto sees thousands of excitable news articles and soaring prices.