Right but I’m saying that it hasn’t been proven that there is any practical difference between utxos on the main chain. Until a utxo is effectively censored on the main chain, I don’t see how bitcoin is not fungible.
Let me illustrate with an example. You mentioned that physical dollars are fungible but digital dollars are not. And I know you are aware that they have serial numbers so they can be traced. If those dollars are blacklisted based on their serial numbers, banks will reject them. But you can still use them p2p. So are dollars fungible?
MAHDOOD /
npub1gh…eygat
2025-05-17 16:24:47
in reply to nevent1q…tne0
Author Public Key
npub1ghcetnluhryhynhuyj8s2pazldjm27wl40nu6dfeskvpv09twcnsneygatPublished at
2025-05-17 16:24:47Event JSON
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"content": "Right but I’m saying that it hasn’t been proven that there is any practical difference between utxos on the main chain. Until a utxo is effectively censored on the main chain, I don’t see how bitcoin is not fungible. \n\nLet me illustrate with an example. You mentioned that physical dollars are fungible but digital dollars are not. And I know you are aware that they have serial numbers so they can be traced. If those dollars are blacklisted based on their serial numbers, banks will reject them. But you can still use them p2p. So are dollars fungible?",
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