Bitcoin as a unit, needs to have a value proposition and focus. Without an identity, there is no defence or alignment, and really easy to stream roll. The community needs to pull their finger out and align around a purpose. “If you don’t tell the world who you are, the world will tell you who you are.” I cannot tell you how desperately it is needed. I used to work with regulators on a near daily basis, and had to get 30+ money transmission licenses. They’ll mandate energy consumption for specific uses first, they did this with water in Australia and limited use cases with penalties and fines. Energy abundance isn’t a thing (yet). A small hint is how AI has been given a pass for its energy consumption in public media, and Bitcoin got dragged over hot coals on the reg (Dan doing the lords work to articulate the FUD they were putting Bitcoin through). The reason why AI gets a free pass is because the people writing and running the CO’s that pump this media out, have more upside from it. Ugly future ahead *IF* it’s not a focused protocol with a clear objective. Happy to be wrong but unfortunately I don’t believe I will be.