John thanks for your response, I think your analogy with the effect of black holes is a good one, and thanks also for your link, I will have a read this weekend.

I did another article a year or two ago (will try to dig out again soon), on how to apply engineering theory to the new kind of economy based on freely flowing money.

It is analagous to an irrigation system. Whilst the irrigation system is open trough, as it seems to be, driven by profit, the ideas of pressure do not apply, only gravity, and the fields further out never get enough.

Going from controlled scarcity to donated abundance is like going from open trough, to piped. Then all the concepts of pressure and flow come into play.

Pressure is the market price of the energy flowing at all points in the system.

Bitcoin then fits by being like a valve at each point in the system, the amount of Bitcoin held at each point, determines the resistance to flow, (or the conductance), at each point in the system.

If all of this is correct, we should see it confirmed by a change in the motivation for holding Bitcoin, thus an equitable distribution of it.

Too much current at any point will translate to low pressure (market price), of the energy flowing through that point, limiting the power seen at that point (market price x current, or volume of flow).

Not enough would have the opposite effect, excessive market price but not enough current to meet demand.

The beauty is that each can traded for the other to meet demand at all points in the system.

I can’t wait to find out! :)