Whether or not the economics are right, this author doesn’t understand the technology:

> To explain: essentially, “blocks” are segregated, vast bundles of data in permanent communication with each other so that each block knows what the content is in the rest of the chain. However, only the owner of a particular block has the digital key to access it.

I know journalists need to simplify the technology, but those simplifications should basically be correct. This is just... wrong.