Bitcoin is so off the Reality charts now that I don't
even need to be accurate in my estimates. there's 1.9
million coins unmined.

330k coins x $20k = $6.6 billion annual income.

the network eats 150 terawatts at 11 cents = $16 billion.

yeah, sure, someplace somewhere has 5 cents but you
cant shift 150 TERAWATTS to use it. that is New York
City.

in 15 months, that $6.6 billion goes to $3.3 billion
because coins mined drops in half. if they drop the
halving, all coins are mined in 5 years and miners
go under anyway because they stuck with operating
costs and no income. their income from transactions
is effectively zero (250k per x $1.50) $136 million.

Bitcoin can not survive in its current state.

the only way to fix it is to drop the mining.