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Moreover, the neutrality of blockchain underscores that money should be value-agnostic, focusing solely on facilitating transactions regardless of the sender or recipient. Censorship resistance is another critical attribute; it empowers individuals with the freedom to conduct transactions without interference from outside forces.

Lastly, the public nature of blockchain ensures that all transactions are verifiable by anyone in the network. This transparency helps to eliminate cheating and fosters trust among participants.

Money: The Foundation of Commerce

The speaker posits that money is the "killer app" for blockchain technology, as it serves as the foundational system for all economic activities. This assertion is underpinned by three fundamental uses of money: