> The easiest way to think of it is an instant, incorruptible market that somehow magically just works
Are any of those adjectives true? Its no where near instant, it can be "corrupted" by an entity with enough hashing power and there isn't any magic to its operation.
No, that's a wild oversimplification. That's what a blockchain strives to be, though practically it should be close-ish to instant, it would be incredibly rare for someone to corrupt it with enough hashing power, and "magic" was there to compensate for the obvious lack of explanation as to how it works.
Are any of those adjectives true? Its no where near instant, it can be "corrupted" by an entity with enough hashing power and there isn't any magic to its operation.