Our society is quite busy with corona and while bitcoin uses a lot of energy already, the market size is still very small. Core reasons why i think we don't hear more about regulating bitcoins.
Popularity doesn't correlate to real value.
It is not unregulated. There have been several lawsuits brought on to the space already [2][3]. Exchanges that don't enforce AML/KYC have charges brought against them [4]. It is less regulated than the stock market, but it is by no means the wild west, at least in the US.
1: https://companiesmarketcap.com/assets-by-market-cap
2: https://www.sec.gov/news/press-release/2020-262
3: https://www.sec.gov/news/press-release/2020-338
4: https://news.bloomberglaw.com/bloomberg-law-analysis/analysi...
But its true its value quadrupled in the last 6 month.
I do hope though that the pressure on Bitcoin increases based on co2 consumption alone.
But also all governments and law things are slow. Like if start a lawsuit today, something like this can take years right?
Your wall of text has many misconceptions and misunderstandings about how things actually work. I implore you to let your partially formed ideas go and read some more about what is really going on here.
Why do you think it is popular if it had no real value. Why is it the biggest meme of our lifetimes? Why will it be our money for the next 500 years?