So let me get this straight, I get downvoted, meanwhile you give an article that states, and I quote, "Fungibility is one of those measuring sticks that separates Bitcoins and other cryptocurrencies from fiat currencies. Surprisingly, Bitcoin is not fungible the way fiat currencies are,"
He explains the only issue with fungibility being that some tokens from blacklisted wallets (connected to criminal reputations/behavior) can be valued less than “clean” tokens. Therefore, not EVERY bitcoin is currently equal in value—though the vast majority of bitcoins certainly are. This only comes down to some people not equally valuing every unit of currency, the same that some people are unwilling to accept “blood money” in dollars, or gold, or anything else. Some will and usually find ways to clean it. Same thing.
Last line states: “Bitcoin isn't fully fungible nowadays, but it likely will be sometime in the future.”
So let me get this straight, I get downvoted, meanwhile you give an article that states, and I quote, "Fungibility is one of those measuring sticks that separates Bitcoins and other cryptocurrencies from fiat currencies. Surprisingly, Bitcoin is not fungible the way fiat currencies are,"
He explains the only issue with fungibility being that some tokens from blacklisted wallets (connected to criminal reputations/behavior) can be valued less than “clean” tokens. Therefore, not EVERY bitcoin is currently equal in value—though the vast majority of bitcoins certainly are. This only comes down to some people not equally valuing every unit of currency, the same that some people are unwilling to accept “blood money” in dollars, or gold, or anything else. Some will and usually find ways to clean it. Same thing.
Last line states: “Bitcoin isn't fully fungible nowadays, but it likely will be sometime in the future.”