Post
Topic
Board Bitcoin Discussion
Re: Eventually the FUNGIBILITY issue of bitcoin will make headlines ...
by
smoothie
on 01/10/2015, 05:43:43 UTC
Your friend Alice gives you two $10 bills. One is good, one is bad. You take both to buy a $20 T-shirt. Now what?

You set up a JoinMarket to automate the process, then profit.   Cool


Use the two $10 bills where both shows up as good ones. I mean not all jurisdictions will use the same regulation.

Pretty much.

It only takes a couple of business opportunities lost to a competitor for a "merchant" to think twice about this whole blacklisting shenanigan.

it also doesn't take many government agencies to get on a merchant's case to comply with any imposed blacklists by authorities to make them think twice about trying to subvert the regulators.

Oh...solution is to move to another country?

I think there will be quite a few countries that will make it difficult to operate in. We are seeing it already.

Governments appear to be afraid of people having financial privacy.

I mean seriously...if they had a problem with people having privacy then they should ban all Curtains to all houses/homes.

 Cheesy