Blockchain is a technology that extends interpersonal electronic interactions from simple communications to real world and real time administrative functions like financial accounting. All transactions in a blockchain are instantaneously available to all in the network. As for Bitcoin, a Blockchain spin-off, there is rich geek-fad potential here, but the real question is that, given the availability of an enabling technology like Blockchain, can a "truly, deeply, passionately' shared economics be long in coming? Increasing numbers of people around the world now recognise that the rational self-seeking "homo economicus" constructed hundreds of years ago by proto-economists is not the last word in human understanding. Now that we have tools for sharing economic structures like Blockchain "all" we need is the will. Do we have it?
For more about the challenges of Blockchain and massively hyped technologies like Bitcoin see: https://www.theguardian.com/technology/2018/jan/30/blockchain-buzzword-hype-open-source-ledger-bitcoin
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