Many do not know that this is false. David Chaum created eCash. I know this is a nit pick but one of the criticisms I heard from shitcoiners early in my bitcoin learning phase was that bitcoin was the first and therefore there would obviously be better versions that learned from the mistakes in bitcoin. Not to say there are no mistakes in bitcoin, we have seen improvements over the years. But this is based on a false premise. Bitcoin was the first to really be effective. Not the first. It is built on many technologies that came before it.

I first learned this from reading "The Bullish Case for Bitcoin". I remember checking out this info to confirm it and it actually made me more bullish on bitcoin. As someone that's worked in tech for many years the fact that bitcoin stands of the shoulders of giants. Its not some totally new thing. It is a combination of many ideas and tools that had been worked on for many years. It is built on solid ideas using solid tools.