I’ve considered it, but as they say, the market can stay irrational longer than you can stay solvent. Given you have to pay interest on short positions and can only make as much as the stock falls by, if they can keep the grift going for another year or two the market could crash and you would still turn a loss.
It means that despite being fifteen years old, it still takes more electricity for a single bitcoin transaction than to drive an electric SUV from Florida to California, cost per single transaction has still spiked over 50 USD twice in the last six months, and it remains too prone to wild inflation and deflation for any serious business to actually price anything in.
In other words, it has the same inherent value it always has, none at all.
Hopefully, but I worry no small part of it at the moment is just that we’re too small to be worth the bother. If the fediverse grows big enough to matter, well I worry about what dedicated teams of people working a full time job could do. One or two people can easily run a few dozen active accounts, which in turn could easily dominate conversation on an instance.