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21 sats \ 2 replies \ @expatriotic OP 9h \ parent \ on: Monero territory monero
That's not the point though. The point regarding fungibility is NOT whether you CAN get someone to accept it. It is regarding the traceability of bitcoins.
That yes, I CAN see it's history.
I don't use exchanges either. And I mine bitcoins... So it's not an issue for me. The point I'm making is that monero is different in character. Even IF you had gotten it from an exchange, or terrorist, none of that would be clear to someone observing the chain.
If on-chain, you feel traceability is an issue for your utxos, then use coinjoins.
From my perspective at the protocol level it is fungible. A value in can later be converted as a value out. When people play with Bitcoin to search for "rare" coins, there are just adding new rules which are not on Bitcoin but exist in their world.
Similarly even if banknotes have identifiers and hence can be traced this doesn't undermine it's fungibility, since in the real world nobody care in most cases.
Fungibility issues may be raised among Monero people, but IMHO it is a weak argument. As a criticism UX of Lightning is more convincing (still LN UX gradually improves over time).
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Paying for fungibility via coinjoining which Samourai Wallet devs have literally been indicted for by the US DoJ seems silly when monero has this by default...
And in a high miner fee environment it's even worse.
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