Why blockchains are useless without Bitcoin

every chain ends up wanting bitcoin's security eventually. funny how that works

A blockchain without Bitcoin is a designer frame with no lenses. Looks great, doesn't help you see anything 👓

A blockchain is just a database with expensive consensus. What makes it Bitcoin isn't the chain — it's that anyone can settle on it without asking permission. The real test was never the tech. It's whether ordinary people can still use it to pay.

Great explainer on why the asset gives the chain its security.