What's your opinion about Bitcoin? Are you ready for the next bull run?

It's a waste of electricity, not sustainable with its exponentially growing processing requirements, and the decentralized concept is nonsense. Currently the lack of oversight make it ideal for scammers and it's a matter of time before governments catch up and start keeping track too. Then it's only to their advantage that all transactions are publicly available and stored in thousands of places instead of one and a few backups.