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tuskerM to Monero MemesEnglish · 2 年前

P2P e-cash

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P2P e-cash

tuskerM to Monero MemesEnglish · 2 年前
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  • intensely_human@lemm.ee
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    2 年前

    How is bitcoin not fungible?

    • original_ish_name@lemm.ee
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      2 年前

      Old bitcoins have a trail behind them. This makes them less valuable because if you buy that bitcoin you might be accused of a crime

    • XMR_loving_AnCap
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      2 年前

      https://sethforprivacy.com/posts/fungibility-graveyard/

    • RePsyche@lemmy.world
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      2 年前

      Agreed. Not sure what they are trying to say, but by the definition of the word “fungible” they are incorrect. Is this just FUD?

      • LobYonder
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        2 年前

        Would you exchange your newly-mined BTC for the same amount from a MtGox or other theft?

      • tuskerOPM
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        2 年前

        No this is the practical reality of the situation. Technically BTC is fungible but due to it’s transparent nature it becomes not fungible in practice because every coin has a history which may change its value based on what that history is and who is looking at it.

        Monero is true digital cash, BTC is not, practically speaking.

      • mvirts@lemmy.world
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        2 年前

        Seems like it

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