Hi Pat,it’s a digital asset designed to be used as a currency — it is a disputable issue. When it comes to commerce use cases, however, the blockchain natively fails to provide much of the services traditionally demanded by consumers and merchants. Among these deficiencies are instant payments, for example bitcoin payments can take on average minutes to hours,and there is no complete mechanism for handling fraud or ensuring customer satisfaction. The blockchain by design is a low level protocol that never intended to directly solve all the matters in payments and, rather humbly provides the foundation upon which many features of the traditional financial system can be rebuilt. For blockchain technology to truly propagate to the payment space, services like credit and mediation must eventually be included.”we don’t have to destroy our institutions, we just have to rewire them with the tools the internet affords us” — I agree with this one.