Crucial point. "Digital cash" was dreamed up by academic cryptographers long before Bitcoin. It was a privacy-enhanced way to pay in dollars or euro, not a new currency. Many in crypto academia still don't get the idea of an independent currency & its very different requirements.https://twitter.com/waxwing__/status/1012221025503891456 …
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maybe dollars, but if digital cash was mentioned before 2000 there were no euros
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not really 'replaced' but temporarily pegged and often trying to unpeg themselves and be free again
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