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correct, fungible means equally interchangeable, not identical.

So I have a sat in one address and a sat in another. how does their UTXO history make one more or less interchangeable than the other?

you made a leap there

sats are fungible

UTXOs are not.

things are de facto not fungible if reputation also transfers with ownership.

even if "reputation" isn't an acknowledged aspect of the system.

because that's how people are.

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Thanks for making that crystalize is in my mind. That’s probably what was short circuiting the back and forth.

That’s distinction is everything!

I was focused on the sat, and he is focused on the UTXO.

learning everyday!

🙏