I've come to believe that non physical entities are born every time 1 or more humans share a set of common beliefs around a subject.
I first noticed this phenomena within the corporation & within divisions of the corporation. It confused me because it defied the nature of my reality at the time. I didn't really have the ability to perceive that which wasn't physical.
I've come to define these non physical entities as pendulums & I see them everywhere now & in a wide variety of forms. I borrowed the term & idea from the book Reality Transurfing, by Vadim Zeland. In it, he describes Pendulums as having one goal, Adhearance. Non-adherents suffer the rath of those caught up in the pendulum's swing & in doing so often get drawn into it's gravitation pull. Religions, political philosophies & schools of thought are some of the more obvious examples but they don't always have to be so long lived. A pendulum can last for as long as a rock concert & can still be extremely destructive.
While not all pendulums are destructive, they often are. Bitcoin is a pendulum of sorts but the structure is quite unique in that adherents are ironically called upon to not adhere. It's somewhat selfregulatimg as it uses creative destruction to prune & renew itself.
Typically only a chosen few personally benefit from a pendulum's swing & they're held up as shining examples of why the pendulum is so great. In this too I believe Bitcoin is different & will become a huge pendulum. Every Bitcoin adherent personally benefits from it over time. These benefits aren't equally distributed but they're distributed fairly.
The key takeaway I found was that you can't destroy a pendulum by fighting it directly. It will just pull you in & feed off your energy & attention. A pendulum is destroyed when it loses adherents to feed off of. Eventually a rock concert ends & all the energy is dissipated. Democracy ends when we no longer worship it's ideals & illusory benefits.