Nostr Web Client

you want this to be applicable to UTXOs but you completely fail to show how UTXOs function like cash bills.

a 100k sat utxo with coinjoin history is NOT "considered entirely equivalent" to a 100k sat straight from a miner.

your peer might not care,

but he CAN *distinguish* between them.

unlike cash bills.

for a value transfer system to be fungible, units must be BOTH 1. equal and 2. indistinguishable.

therefore UTXOs are not fungible like cash bills.

Wrong.

> "but he CAN *distinguish* between them.

> unlike cash bills."

Cash bills have serial numbers and are absolutely distinguishable.

> "a 100k sat utxo with coinjoin history is NOT "considered entirely equivalent" to a 100k sat straight from a miner."

Wrong again.

Please Login to reply.

when was the last time you looked at the serial numbers on cash?

what are you going to compare it to?

this is not the same as a transparent blockchain that anybody with a internet connection can audit.

autistically pretending like that doesn't matter is just fucking stupid.

it's very simple.

cash bills are different. they have physical serial numbers.

but they're "considered entirely equivalent" because that unique identifier is not recorded in any accessible way.

UTXO are different. they are all completely unique.

and they are NOT "considered entirely equivalent" because that uniqueness is recorded in a publicly accessible location.