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?
Here's an economic concept: the market places a 10% premium on freshly minted zero-taint BTC over 'gently used' coins. Good luck with your stolen Evolution coins!
Bitcoin doesn't meet the highest 'can't be evil' / 'can't be non-fungible' technical standard because the code may be modified with black/white/grey/red lists of forbidden/allowed coins/taints.
So no need to even get into the more significant (but more general issue) of socioeconomic interchangeability.
Sorry but that doesn't make any sense. The lists you speak of arbitrary human concepts. A USGian parasites kangaroo court AML/KYC bullshit.
I am confident I could trivially sell stolen Evolution coins on most p2p markets in major international cities today. Only fiat businesses such type of lowly scheme. They are a sham.
Don't let anyone ever tell you your Bitcoin is not as good as another. Individuals currently pay a premium on market because of a lack of private alternatives against traceability. This is a technological problem that will certainly be solved seeing the progress being made. When we do get there anyone still entertaining this notion that Bitcoin is not fungible will surely be looked at in a funny way and any money spent on "clean" coins will be money wasted.
http://trilema.com/2014/guidance-there-is-no-such-thing-as-bitcoin-taint/If they don't accept your bitcoin because it was linked to a scam, that's the way it is.
There is such thing a as bitcoin taint because what if I choose not to accept bitcoins coming from the bitcoinica theft? One example of showing how fungibility does not 100% exist is enough to break your "perfect fungibility" claim.
Listen, it doesn't matter what an idiot might accept or not because in a not so long future people will be desperate to purchase Bitcoin and let me tell you he will not get picky.
Yeah but that is for a shorter time period. Im talking decades on into the future.
Sure the financial world economy will crumble to a certain extent. But there will be a tomorrow in the financial realm.
Why not just fix the issue? I can answer that...the social contract would then be broken.
Any bitcoin business that went along with say adding code that obfuscated transactions to a point that there is unlinkability and untraceability would have problems with regulators assuming they were AML/KYC compliant etc or whatever the regulation is.