I gave not read it, but will check it out. Do you remember what technologies he uses as an example? Or is it more conceptual?
Discussion
BTC is "transsubstantiation". Hash power coupled with energy to get a valuable transformation: seigneurial is decentralized, since it’s the fastest "miners" who solve a digital challenge & get remuneration (Sats-hodl)!
Analogy: "Chancellor on brink of second bailout for banks".
Casuistry: "It is like a mustard seed, which a man took and threw into his own garden; and it grew and became a tree, and the birds of the air nested in its branches ." Luke 13:19.

I like that parallel. Do you have any resources to explore that idea further?