It turns out the Bitcoin thesis was only half successful. It did not end up becoming peer-to-peer electronic cash, but it did succeed in creating a decentralize

It turns out the Bitcoin thesis was only half successful. It did not end up becoming peer-to-peer electronic cash, but it did succeed in creating a decentralized ledger that is tamper proof, resistant to double spend attacks, and can facilitate peer-to-peer transfers. This part of the technology can be used to operate other ideas, like stablecoins and decentralized identity systems.