Hopefully this also means billionaires can stop trying to drop data centers into residential neighborhoods with zero noise control and polluting on-site generators, signing local politicians on with NDAs, calling for eminent domain to seize homes to build power lines to data centers, etc. etc. etc. Not to mention the water use controversy.

Token prices plummeting is probably a good thing, but not without the regulatory backstops that prevent these effectively industrial facilities from being operated with no regard for the externalities they impose on people who live near them.