Bitcoin is, therefore, by far the best final settlement layer for transactions, and applications of value should perform their final settlement on Bitcoin.
Muneeb Ali
This new era of computing enables new types of applications, and new ways of building existing applications, across many areas of human and societal endeavor. These applications have fundamental properties that were simply not possible to have before:Â open access without permission; transparent governance (without fear of opaque censorship, corruption, or rent-taking by centralized entities); and a novel, healthy incentive system that creates new business models and value for all.
Other blockchains since Bitcoin have taken the lead in becoming natively programmable platforms for applications, rather than natively only being settlement layers and supporting stores of value, like Bitcoin. However, only Bitcoin provides true decentralization of trust, and hence is the only blockchain that actually provides these important properties.
