Earlier quoted context omitted.
Paper-based accounting was append-only, so I think the idea's always been there but was uneconomic in machine readable media for a long time. (in particular, "new master = old master + updates" card/tape jobs were in principle append-only but —due to finite number of tapes— in practice overwriting)
Not at all! Medieval documents were routinely washed and reused.
Even NASA wiped the original Apollo 11 tapes to reuse them.