It's not about the price but about what is being secured. If Bitcoin's market cap was $1Q and used as a global financial settlement layer then there is some threshold where "it's just the price we currently pay"
That is an unsettling perspective. Bitcoin like a humongous casino. Its only societal value is to vent speculative impulses. When the tulip mania happened in Netherlands, one could argue, it was caused by wealth inequality. The tulip bubble represented a way to fly up the ever lenghtening social ladder. Makes you wonder.
