Oh, yeah. "Global corruption" has hidden away vast reserves of electricity. It is all out in the open. There is no secret cache of electricity. It requires the construction of powerplants. When the blockchain computational requirements ramp up to the power demands of a small country, the cost of running that power will have to be paid somehow. i have read that crypto mining centers are commissioning their own powerplants to sustain the mining. When you require geometric consumption of a resource to sustain a linear increase in product, the collapse is built into the mathematics. It is a more technological form of Ponzi scheme, built on the premise that the ultimate future accounting will not happen...or will happen so far in the future that we can rape the present as much as we want. Kind of like Keynesian economics. If you are fond of this sort of thing, you won't have much of a future.

Who do you think is going to pay for this power usage? A bitcoin does not represent an asset. It represents a sunk cost. And you are paying for it by tendering assets.