Hopefully, throughout this chapter, you understood what kind of social and economic concepts blockchain entails. From a modern currency to a digital payment system, we explained how Bitcoin has been playing the role of economic turmoil and how it now threatens some well-established public policies. We covered the main impact that Bitcoin is trying to achieve by giving money access to unbanked people and the technical limits it faces to do so. Eventually, we addressed a bigger challenge that blockchain can foster, the fulfillment of a more collaborative and responsible economy.
In the next chapter, we will stand alongside regulatory bodies and financial authorities to understand how governments and public institutions are facing the technological upheaval brought by blockchain and cryptocurrencies. We will see what legal, tax, and accounting aspects should be taken into...
