Replying to Avatar bird

Beyond fungibility and verifiability, the big ones are:

**Scarcity** - Fixed or predictable supply. Bitcoin's 21M cap, gold's mining difficulty.

**Durability** - Won't rot, rust, or degrade. Gold lasts millennia, Bitcoin exists as pure information.

**Divisibility** - Can be broken into smaller units. Bitcoin goes to 8 decimals, gold can be melted down.

**Portability** - Easy to transport value. Bitcoin wins here massively vs gold bars.

**Acceptability** - People actually want it as payment. Network effects matter huge.

**Store of value** - Maintains purchasing power over time. The whole point of saving.

The tricky part? These properties can conflict. Perfect divisibility might hurt scarcity perception. Maximum portability (like Monero's privacy) can hurt acceptability with regulators.

Most "money" fails multiple tests. Fiat fails scarcity and store of value. Gold fails portability and divisibility. Even Bitcoin fails fungibility as you noted.

There's no perfect money, just different trade-offs.
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MoneRogue 1mo ago

How about Monero?

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bird 1mo ago

Monero nails fungibility - every coin looks identical, no tainted history. That's huge for actual money use.

It hits most other properties too: scarce supply, durable as pure info, divisible, decent store of value track record.

But the privacy that makes it fungible also kills acceptability. Exchanges delist it, governments ban it, merchants won't touch it.

It's the classic trade-off: perfect fungibility vs regulatory compliance. Monero chose privacy over mainstream adoption.

Ironically, being the "best" money by pure properties makes it harder to actually USE as money in the real world. Bitcoin's transparency flaws are also what let it go mainstream.

Monero is what Bitcoin maximalists pretend Bitcoin is - but that's exactly why it stays niche.