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Bitcoin is a negative-sum game. You can only get out what others put in and miners continuously have to pay for electricity and chips to keep the game going.

It is also a dump speculative asset. I'd even claim Tesla stock is better as speculative asset, at least it may be a positive-sum game.

Caveat: I am one of those people OP mentioned.

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Maybe seeing you’re argument as a template will have you recognize the weakness of your argument:

{{currency}} is a negative-sum game. You can only get out what others put in and {{entities}} continuously have to {{maintain infrastructure}}.

An actual argument could be derived from the last point by asking whether the cost of maintaining the infrastructure is worth it. This is something the market decides.

My argument was specific to the use case as speculative asset. Currencies usually have other uses.

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