Cash is "king" for different reasons actually.
Here in my inflationary country USD (cash) is king because its liquidity and how stable it is in comparison to our local currency. It is a frictionless asset.
I believe we are living during challenging times where people have had to opt for credit and loans to try to survive, in this context it is obvious to see why cash would be more appreciated, added to the anonymity and wide acceptance around the world. Still we cannot ignore the disadvantages of the inflation and the measures that could be taken by a central authority.
There are also privacy coins that provide a similar level of privacy. One is the digital currency Monero. Another cryptocurrency that offers privacy by default and has 16 times bigger anonymity sets than monero is called Pandora Cash.
Do you mean that altcoin is 16 more fungible than Monero?
Well, I am not sure how is that possible since Monero is supposed to be 100% anonymous or private and does not have major flaw as far as I know. I am aware that you are giving some free advertisement to that coin but I am still open to read about it and see what you mean. I have got low expectations on it, though.
Any link to the official ANN thread here on Bitcointalk?