Quote from: GingerAle on January 06, 2016, 11:49:55 PM

Quote from: dEBRUYNE on January 06, 2016, 11:26:27 PM

Quote from: smooth on January 06, 2016, 11:21:50 PM

Quote from: RealBitcoin on January 06, 2016, 11:16:31 PM

Quote from: dEBRUYNE on January 06, 2016, 10:08:12 PM

This is worrisome -> https://www.reddit.com/r/Monero/comments/3zrvs8/bitpay_is_actively_cooperating_with_chainalysis/

i`M really annoyed of this fungibility problem that bitcoin has, we should resolve this fast or bitcoin can become an instrument of tyrrany in the future.

It is what is is. Bitcoin is first generation blockchain ledger technology that both by design and by culture and precedent is highly resistant to change. Maybe that will be good enough to maintain its lead in the market or maybe not.

One thing we can be almost certain will not happen is that it won't be resolved fast.

Just look at how slow this blocksize issue is progressing. In my opinion, fungibility is a way bigger issue in comparison with blocksize. I'd rather have a fungible blockchain that is constraint by blocksize than vice versa. If you think the blocksize issue sparked a heated debate, you are in for a surpise once this issue will spark a debate.

agreed. It is a WAY bigger issue. There was some comment in one of these threads that said "invest in the sector, not the product" or whatever. Funny thing is, to me, there are two sectors. One sector is actual digital money - Monero, due to its fungibility. The other sector are non-fungible cryptocurrency networks, which have their purpose. And honestly, I'm starting to think that some in the bitcoin camp are fine with the lack of fungibility, namely because it increases the value of whitelist coins.

I think it was industry and firm, nevertheless an interesting comment and I somewhat agree with your extension on it. It is also kind of subjective, simply depends on how malleable a certain industry is in your own perspective.

Not sure why the bolded would ever be a good thing. If less people are able to use it due to coins being tainted (and subsequently flagged), the premium on their whitelisted coins will quickly evaporate.