Silver is shitty. Its not untarnishing like gold, it's not as scarce etc. It sucks. All its value came from moneyness, and when that went away it's value crashed nearly as quickly as the ridiculous fedbuck did, which was precipitous.
When you say it was just a "settlement layer" then I agree: a settlement layer is synonymous with a money network. Everything above the settlement layer is a value add second layer at most. Those a great things, but they are not money networks themselves.
Silver was not one among many, it was the defacto global money network. It powered the Renaissance and the beginning of the industrial revolution.
To the great tragedy of the human species, they didn't understand what it was, and allowed an elite cabal to substitute it for fiat.
They gain a dread power to shape human motivation itself, a power greater more fell than any emperor or despot had ever dreamt of.
If the human race is to survive, it needs to return to sound money, and exit the epoch of fiat socialism, the era of self genocide, the era of the great filter. I can only hope people awaken to how important bitcoin or sound money is to their own survival.