Discussion
lol
cash bills ≠ UTXOs
cash bills are all different because they have serial numbers obviously,
but they're *treated as fungible* by the market because the serial numbers are useless to practically everyone.
so in practice, fungible.
the same is NOT true for UTXOs, since their uniqueness is public on the blockchain, accessible by all.
this is not complicated and you look stupid pretending it doesn't matter.
Those are your own personal clown theories.
"wrong because reason I cant explain" 👍
this is where you repeat the dogma from the holy book so your faith isn't challenged by heretical ideas.
be sure to ask Saifedean for confession after making contact with one of the Unclean.
You lack the common sense and the touch of reality when start inventing your own clown rules and theories to try to defend your position.
Its not a repetiotion of a dogma, its a repetiotion of the established definition of fungible money.
You can live in your own invented reality, no one cares about that.
pretending like you've actually made a consistent argument lol
instead of leaning on an AI that actually told you "fungible money has to have indistinguishable units"
so you pretend utxos are equivalent to cash,
which I refuted.
then just repeating "you're wrong."
now you "repeated the established definition of fungible money" somewhere.
which you didn't.
see you cant actually explain WHY this is wrong.
you just insist it must be because it violates your scripture.
Your clown "arguments" are self-refuting.
This is is just retarded BS - "not recorkded in any accessible way"
The serial numbers of bank notes are visible on the notes and can and are recorded in all kinds of databases.
Yet per the definition they are fungible money.
But then you went further in your insane clown theories to tell that "cash bills are actually non-fungible"
which shows you lack touch with reality and common sense as well.
serial numbers of bank notes are recorded in "all kinds of databases."
like where? name one. when was the last time you accessed it?
when have you EVER compared a bills serial number to anything anywhere?
OTOH i know exactly what database your UTXOs are recorded in and I accessed it an hour ago. if you show me the "note" i can examine its history in a few minutes.
pretending like those two things are functionally equivalent is fucking retarded.
"BuT bANk NOtEs hAVE sERIal nUmbERs"
doesn't say shit about Bitcoin UTXOs. use your fucking brain.
a 100k sat UTXO from an OFAC sanctioned address is NOT value equivalent to a new 100k sat UTXO from a miner.
people pay a premium for rare sats, coinjoined UTXOs are rejected by exchanges etc...
the market does NOT treat UTXOs as fungible like cash. precisely *because their history is known and accessible.
yet you continue to assert UTXOs are functionally cash equivalent, and say thats its ME who's out of touch with reality 😂
You can't call it my own invented reality and be intellectually consistent,
not when Grok agrees with me. (and I asked three different models so...)
https://ppq.ai/share/5fd0118a-fca5-4ea4-b0e3-a72218567995
I'm afraid that you're going to have to cope harder.