Another way to say this is that Bitcoin's value comes entirely from the sunken cost fallacy. It is a war of consumption. Whoever can waste the most resources an

Another way to say this is that Bitcoin's value comes entirely from the sunken cost fallacy. It is a war of consumption. Whoever can waste the most resources and/or produce them the most cheaply will gain the most economic benefit. It's just another one of the forms of mutually assured destruction that we will eventually have to confront. It's unfortunate that being very obviously horrible isn't enough to change it, but the same could be said for climate change or nuclear proliferation, and these things are still moving along, full-tilt.