Post
Topic
Board Bitcoin Discussion
Re: Tainted coins - Who dictates that a coin is tainted?
by
dustintrammell
on 13/05/2012, 11:51:17 UTC
If someone is giving me fiat money, I know that I can spend that money as easliy as I got it. The same thing should be with Bitcoin, so how are we going to handle with this issue?

Not necessarily...  If someone gave you a pile of fiat that was splattered with some bright colored dye or paint, such as what happens when a bank robber flees the scene of the crime and opens their bag of ill-gotten bills only to find an exploding dye canister going off in their face and all over the bills, would you really expect a bank or merchant to accept those "tainted" bills?  This is the fiat equivalent to "tainted" Bitcoin.

I haven't personally decided if I support the idea of "tainting" bitcoin yet, but this would be an example of the real-world equivalent.