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Inferior cryptocurrencies like Bitcoin are non fungible with a transparent blockchain so tracing and tainted coins are a very real and enforced problem. To sol
by akimbostrawman 1y ago
Inferior cryptocurrencies like Bitcoin are non fungible with a transparent blockchain so tracing and tainted coins are a very real and enforced problem.
To solve this use actually useful currency that is private and fungible by design like monero.
- lazide 1y agoI think you’re talking about blacklisted/tainted wallets?
- akimbostrawman 1y agoYes but it's not only wallets, that is possible because of transparent blockchain and non fungible by design. Imagine you could get a dollar bill* which value could evaporate and even put you in criminal trouble because X amount of unrelated money transfers before it got to you it was used in something criminal. *dollar bills are also not fully fungible because IDs and currency tracking but those aren't implemented everywhere unlike with btc. Fungibility: gold = monero >>> dollar bill >> bitcoin and most other transparent coins