How was the Serapis vs bonhomie Richard significant?

The Battle between the USS Bonhomme Richard and HMS Serapis on September 23, 1779, was significant as it showcased the intensity of naval warfare during the American Revolutionary War. John Paul Jones, commanding the Bonhomme Richard, became a symbol of American resilience and determination, famously declaring, "I have not yet begun to fight!" Despite the Bonhomme Richard ultimately sinking, the battle boosted American morale and demonstrated the effectiveness of their naval forces against the British. This engagement highlighted the importance of naval power in the struggle for independence and contributed to the growing reputation of the Continental Navy.