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I don’t buy that analogy one bit.

BTC supply is growing at a rate of less than 2% now. 90% of the supply is already mined.

Miners play a very small role now in getting new supply

mining rewards in the form of new supply is not the only way miners make money - they are the house because they take a cut of every transaction. admittedly I don't know the ratio, and I've always been puzzled by the end game - will fees continue to rise as the difficulty ratchets up such that the only incentive to mine is transaction fees? Anyway they can keep winning regardless of price volatility.

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