A key aspect of money is fungibility https://www.investopedia.com/terms/m/money.asp which Bitcoin lacks due to the bifurcation of "tainted" UTXOs and "clean" UTXOs. Tainted coins can't be used on any exchanges and many merchants won't take them. Gold, cash and monero are all fungible. Every Monero UTXO has no traceable history thus mamingnit as fungible as a gold atom. Privacy is crucial for money.
Discussion
That is wrong. Bitcoin is fungible money. Bitcoin does not need third party. It is peer-to-peer Freedom Money and its fungible.
Utxos with different histories are nonfungible.
it isn't complicated and you can stop your internal dialogue.
BS
because obviously a 100k sat utxo straight from the miner
and a 100k sat utxo from a known DNM address
are fungible... 🙄
not the sharpest tool in the shed are you?
Read the definition of fungible money again, then try to think again. Then put in the mix the function of coinjoins.
equal units are not interchangeable. period.
you can stop with the rationalizations.
and in the same way, anyone can identify and discriminate based on coinjoin history.
BS. Who is that anyone? Bitcoin is peer-to-peer Decentralized Freedom Money that does not need ANYONE as a third party.
Your BS is ridiculous. Bitcoin is fungible money.
that anyone is one of the peers of your "peer-to-peer decentralized freedom money"
if your peer can identify and discern difference between units of equal value,
it is not fungible.
repeating your dogma doesn't make it true.
1 Bitcoin = 1 Bitcoin, your BS is absolutely ridiculous
Again, you need to read the definition of fungible money and stop inventing your own BS.
lol
wah wah
not the sharpest tack in the box huh?
you should read the things you post
"Fungibility refers only to the equivalence and INDISTINGUISHABILITY of each unit of a commodity or other thing with other units of the same thing..."
if you can DISTINGUISH between utxos of the same value,
they are *not fungible by definition.
Bitcoin is a mirror of the Universe, a perfection better than barter. Currently now we have one in which the human construct of Money (which was imperfect) became money Fiat Currency (even more imperfect) over a massive spread of generations that could not possibly retain and or reflect upon the same.
It's insane to sleepwalk it to the same again.
Bitcoin is the perfect set of rules that allow people without permission to simply say NO!
It's been happening since the 3rd of January 2009.
No is Now is Never is forever!
#Bitcoin
cool story bro
Thank you. But reality is not a story, a story is different.
Bitcoin cannot be gamed, as such it is the default language of the ungamed.
Empathy, Love, Unity, those are the invisible alignments of exchange.
Those exchanges live within you and the recipient's, Bitcoin just makes those rules as permanent as the same rules of the Universe.
Have fun learning more about everything.
It's literally enjoyable buy default.
I hate to break it to you son
Bitcoin is the long evolution and synergy of different technologies. it's extremely well designed but it's not perfect.
it's certainly is an an expression of any universal truth.
as long as you don't see it as something designed and created by people, you can't actually analyze it in an intelligent way.
it certainly is *not an expression of any universal truth
I disagree. Here the Universe White Paper, it's mirror is the Bitcoin White Paper, Dad!
https://medium.com/@j0e810ggs/the-universe-white-paper-a089f9c83500
Here's the actual formal paper and not just an article for the average reader to understand.