Quote from: becoin on January 23, 2017, 07:13:45 PM

Quote from: DieJohnny on January 23, 2017, 06:40:45 PM

Quote from: becoin on January 23, 2017, 02:43:47 PM

Quote from: DieJohnny on January 23, 2017, 02:11:29 PM

No, bitcoin does not need fungability to have value.

No. Bitcoin does need to be fungible if it wants to be money!
If it is not fungible people will start using another coin as money and bitcoin will lose its value!

Bitcoin is already as fungible as it needs to be.... and Bitcoin doesn't have to be money, ever. Yes there are already other coins we use for money, buy those too.

That is nonsense.

What does that mean "as fungible as it needs to be"? It is either fungible or it is not! You can't have a semi fungible money like you can't have a semi pregnant woman. Partially fungible means it is NOT fungible.

"Bitcoin doesn't have to be money, ever"... ?!

People buy it because they believe Bitcoin is the future of money. Why do I need bitcoins if I can't use it as money, ever?

Fungible while in a given moment (exchanging your money for goods at the moment of purchase) is boolean, Fungibility from a global perspective is not Boolean and never has been. Your "money" has varying degrees of global fungibility depending on the "money" you are using. I cannot buy a car in the USA with money from Venezuala or with Bitcoin. So your overall position about boolean fungibility is completely wrong. All money on this planet and in the universe (see that Republic dataries have no value to Watto) has varying degrees of fungibility.

Bitcoin may likely today be the second MOST fungible money on the planet next to the American Dollar. That is today right now, yes.

People do not buy Bitcoin because it is the future of money. They buy bitcoin because it is digital money that has no equal and everyone is excited about it. It is fungible and people learn very quickly just how much. Nobody buys bitcoin because they are going to stop using their dollars, or rupies or whatever.