Replying to Avatar 2Pac

The point I’m making is these outlier scenarios do not stop cash from being fungible, same as bitcoin. If one business decides not to accept you bitcoin because the chain analyzed it back to some illegal activity that doesn’t make all bitcoin non fungible. Same as if a cash transaction was declined due to criminal activity doesn’t make all cash non fungible.
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Peter Gibbons 2y ago

I think the difference is the likelihood that it can realistically be traced and the fact that chain analysis is largely automatic. Even if they made a law that said all bills must be tracked there would be businesses and individuals that failed to comply and that would create gaps.

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Peter Gibbons 2y ago

It's also not one company. It's every normie inclusive onramp to cryptocurrency, governments, and any other interested 3rd party that can analyze the chain.