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He describes phenomena that apply to every market ever (not to mention simple control loops). How are blockchains any different?

Is there something wrong with engaging in the mental exercise of mapping these phenomena in one context? In this case: Blockchains?

It's far fetched, there's a broad spectrum of systems one can fit the same metaphor to, and like those systems it offers no insight about them.

What is the conclusion and what does it mean for blockchains? What is the benefit of modeling a blockchain as a living organism?