Jeff, there is energy technology which the deep state has, which would let them mine Bitcoin for nearly free... One example is Patrick Kelly which made the bible of alternative technology. Google: PJKbook
So what would happen? I think miners wouldn't be able to compete... until they had the same technology.
Also remember the hearthbleed bug, SSL having huge bugs for years and NIST recommending bad ciphers for cryptography. And of course Meltdown and Spectre. Those people are not stupid.