That's a terrible analogy! Bitcoin is a runaway feedback loop where scarcity drives rising price, which drives increasing energy usage. The equilibrium it maint

That's a terrible analogy! Bitcoin is a runaway feedback loop where scarcity drives rising price, which drives increasing energy usage. The equilibrium it maintains is the natural profit equilibrium where it makes sense to spend enough energy (money) to "mine" a bitcoin for anything less than the current price. But due to the built in supply decreases, that price rises, so the energy use continually increases, because there's always someone willing to spend $9 to make $10. It doesn't have a stopping point, or brakes, and at each point, it is in the interest of the frog to raise the temperature of its water by one more degree. If I was a hostile AI and wanted universe-scale civilization destruction at near zero-cost, I'd send each civilization the bitcoin "thought-bomb." All the AI has to do is share the bitcoin discovery, perhaps anonymously. Once that is done, it puts it in the short term interest of the metaphorical frogs to boil themselves, and speed along the inevitable natural tragedy of the commons outcome. Right now, bitcoin is like a program with bad big O math, and we are looking at it while x=2 and concluding everything is great.