It cannot work and therefore it never worked.
It works, always has, it's a metabolic variable in an ecosystem, it works flawlessly we call it evolution.
You're reminiscing back to the time when
advanced single-celled organisms lived in harmony with nature
.
Complexity has a metabolic cost and while the benefits are greater than the energy cost there is room for growth. It's only when we spend more energy than we get in return relative to the added complexity does the system reverts back to a simpler state. (we're burning capital like it's income thinking if we just manage Co2 we can continue burning capital and prosper)
Bitcoin's blockchain simplifies much bureaucratic complexity and waste generated by inflationism, all be it at the exact time when society's complexity is delivering ever-diminishing returns. By my estimate, large negative returns, when you look at the energy footprint relative to energy income, not to mention we're cannibalizing the natural systems we depend on to maintain our unsustainable trajectory.
It's just a matter of perspective, where you are sitting, we're at a time in history where we think we're flying when in fact we're in one of those first flying machines having just jumped off a cliff, think we're flying.
Depending on your perspective:
Some people optimize for a more simplified state (aka a hard landing - societal collapse - you'd fall into that class)
Some can't see the problem and what to maintain the status quo (the majority they think we're flying - conservatives)
Some see the problem and want everyone to jump out thinking it'll fly if we just had population control and flight attendants to tell people where to sit (those be liberals.)
...and then there are a few who are optimizing metabolic efficiency to rescue our energy and environmental footprint to build a flying machine while we're falling, those would be the innovators.
