The ultimate goal of blockchain and tokens is to create a trustless system where no party has to trust another, achieved through proper incentives.

Cryptocurrencies allow for trustless transactions between humans without the need for a government or corporation to mediate.

The most valuable applications of blockchain technology are those where parties do not trust each other and seek to create a trustless system, which is not applicable to many traditional businesses.

Tokens and blockchain technology serve as infrastructure for exchanging and transacting value, allowing for programmatic value exchange.

Stablecoins can provide a global system of accounts, enabling trustless transactions without relying on traditional banks, which often impose high fees and delays.

The introduction of smart contracts has transformed the landscape, allowing for trustless transactions and enabling a wide range of financial instruments to be created cheaply and efficiently.

The ability to create financial instruments through blockchain technology has drastically reduced the costs and complexities associated with traditional finance and legal processes.

Stablecoins are blockchain-based systems that allow users to transact without intermediaries, reducing costs and increasing efficiency in payments.

Blockchain technology aims to create a decentralized database, but we have yet to fully achieve that goal.