I would claim all other things are far less effective, to the point where they have little to no effect.

I'm sorry, but I don't think that makes sense, and that it's pretty obvious that it doesn't.

I don't have experience with cocaine, but as a Bavarian I made plenty of experience with alcohol. I've never been addicted, but I had my fair share of Oktoberfest and beer garden visits. And yet you don't see my optimizing my life around it. In fact, nowadays I have a beer every few months if even, simply because most of my hobbies don't work well with alcohol.

As for cocaine: As I said, no experience, but it appears to me that even very wealthy people who probably consume it also still do other things in life, despite not having to for income etc.