[cypress66]

Bitcoin did "figure that out". You're referring I think to cashgrabs that slap the Blockchain term to try to milk some money.

Bitcoin originates from a concrete customer experience issue: lack of digital money with some cash like properties (non reversible, pseudonymous, trustless, etc). [1]

Something like that had been tried to create a few times before, but Blockchain was the first solution to that problem. In other words bitcoin solved a problem looking for a solution, not the other way around.

That being said, crypto UX has a LOT to improve. But let's not confuse projects that use "blockchain" because some manager thought it was cool, or literal cashgrabs, with actual crypto projects.

[1] You may think those properties aren't good or useful, but there clearly was and is people that find that useful, so let's not beat the dead horse with that debate.

[22289d]

I was referring mostly to Ethereum and all of the smart contract chains and dapps that it spawned. I would agree what I said doesn't really apply to Bitcoin.

[philliphaydon]

Money is already digital, it’s not backed by gold or paper ledger, it’s stored digitally and used digitally on a daily basis.

Crypto currency is decentralised digital currency.