According to Ripple Chief Technology Officer David Schwartz, Bitcoin’s main force is not hosted for complex smart contracts or in quick payments. It is to offer a safe, trust -minimized settlement layer that other networks can trust.
Bitcoin’s proof -of -work spine has proven its residence power for more than a decade. Its security model still draws interest from both developers and institutions.
Safe settlement backgrad
Schwartz pointed out that proof of working with the work makes the best crypto uniquely resistant to attacks. It is simple in the design but difficult to break. Investors and institutions value that security.
Even with block times about 10 minutes and fees that can climb during hectic periods, the network’s security remains unmatched. Bitcoin May not match more programmable chains, but it has never suffered a major protocol error.
Stock -two growth and use outside the chain
Based on reports, most BTC transactions today do not meet the main chain directly. Lightning Network handles micro payments. Other protocols that RSK brings with them smart contract properties while still anchored to BTC’s security.
The set of actual real problems that are solved by Cryptocurrencies today is really small. But I think the hope for Bitcoin is that its solid layer one and early start will secure it a position as a currency choice in a developing ecosystem for digital access even if the big …
– David ‘Joelkatz’ Schwartz (@joelkatz) July 14, 2025
This type of trend shows that Bitcoin’s core role can thrive even if most activities move outside the chain. Bridges and Sidechains have utilized its value without clogging the base layer.
Schwartz resembled Bitcoin’s wider range to XRP Used on an EVM compatible side comine. It does not take place on the original book. Still, it still uses the same currency.
He suggested that BTC will remain a “currency election” in a growing digital asset system. This status also applies if competing networks offer flashare features. Users will always be able to fall back on the proven rails of the crypto supply.
Security versus functional sets
CTO noted that real world problems resolved by Crypto remain limited in scope. Many new blockchains have lower fees or faster speeds. Still, no Bitcoin history of continuous operation matches.
Companies and developers often choose to lock value in BTC before moving it elsewhere. It gives them peace of mind when peeling other services. It is a practical balance between pure security and extra features.
Market mileage and comparisons
Bitcoin grew by $ 123,000 On Monday and drives its market value to approximately $ 2.4 trillion. It puts it before Amazon, Apple, Microsoft and Nvidia. Only gold is ranked higher among all assets.
Some analysts see that the milestone as proof that BTC’s stone -speed base remains in demand. Others warn that price fluctuations can still test investors’ nerves. But Bitcoin’s top -Sex -ranking after marketing speaks for itself.
Image from Pexels, Chart from TradingView
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