Quote from: brg444 on September 26, 2015, 02:42:59 AM

Quote from: smoothie on September 26, 2015, 02:31:53 AM

Quote from: brg444 on September 25, 2015, 10:28:27 PM

Quote from: onemorexmr on September 25, 2015, 09:30:57 PM

Quote from: brg444 on September 25, 2015, 08:59:57 PM

Bitcoin is perfectly fungible. Anyone who claims otherwise is confusing economic concepts.

we already had this discussion.
maybe bitcoin is technically fungible (because any coin can always be send an mixed) but practically you have problems when using coins which where stolen (eg bitstamp hack) or why do you think new minted coins are sold with a premium?

Indeed, and as you explain we have established that Bitcoin is "technically fungible" which is really all that matters. Fungibility is a property inherent to a system. It is not dependent on human preferences.

Yeah sure THAT definition of "Fungibility" of Bitcoin is not dependent upon human preferences. But who cares?

Bitcoin does not use itself. Humans do. That's what matters and that's what gives bitcoin VALUE,.....HUMANS.

If people don't accept your BTC because they have come from a path that leads back to an address of coins that were illegally taken from someone else, then fungibility in terms of its use with HUMANS is broken and not perfect. This is assuming that the receiving party of your tainted bitcoins is not accepting them.

You are basically arguing a definition that is irrelevant to the discussion at hand of why I started this thread.

The "fungibility issue" you speak of is also a human construction. One that is irrelevant to a Bitcoin economy and that is only an example of how hard wired your brain is on fiat.

Even if we remove the fiat portion out of my example and replace it with something else it still holds true.

Let's use BEANIE BABIES.

Let's take my example and put BEANIE BABIES (or your favorite object or digital good or service) instead of fiat.

My point still stands.