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/biz/ - Business & Finance

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6401009 No.6401009 [Reply] [Original]

Bitcoin (along with every other crypto) is not fungible - in the future it is possible that governments or large institutions will refuse to accept "tainted" bitcoin that has passed through certain addresses or tumblers, meaning that certain bitcoin will be less valuable than other.

Fungibility is a feature of money which declares that any unit of the money is entirely indistinguishable from any other. Only with a mandatory private blockchain such as XMR is fungibility possible in a cryptocurrency, and this is the key feature that will make XMR the dominant blockchain.

At $6.7B, it is a steal. When people start to become aware of the importance of fungibility, demand will explode. Buy now before it's too late.

>> No.6401757
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6401757

>> not buying XMR
>> thinking that coins on a public ledger won't be blacklisted

Bitcoin (along with every other crypto) is not fungible - in the future it is possible that governments or large institutions will refuse to accept "tainted" bitcoin that has passed through certain addresses or tumblers, meaning that certain bitcoin will be less valuable than other.

Fungibility is a feature of money which declares that any unit of the money is entirely indistinguishable from any other. Only with a mandatory private blockchain such as XMR is fungibility possible in a cryptocurrency, and this is the key feature that will make XMR the dominant blockchain.

At $6.7B, it is a steal. When people start to become aware of the importance of fungibility, demand will explode. Buy now before it's too late.