The Alberta Buck - Notes (v1.2)

For forty years cryptographers have tried to build digital cash and failed. Chaum's DigiCash (1990s) had the mathematics but went bankrupt for want of merchant adoption. Bitcoin gave us digital scarcity but no native bearer-paper form – Casascius coins and BIP-38 paper wallets are aftermarket wrappers, not first-class instruments. Central bank digital currencies threaten the opposite: digital…