Thread - Nostr Hypermedia

pretending like you've actually made a consistent argument lol instead of leaning on an AI that actually told you "fungible money has to have indistinguishable units" so you pretend utxos are equivalent to cash, which I refuted. then just repeating "you're wrong." now you "repeated the established definition of fungible money" somewhere. which you didn't.

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Replies (2)

Hanshan hanshan@nostr.land 2 weeks ago

see you cant actually explain WHY this is wrong. you just insist it must be because it violates your scripture.

Hanshan

you want this to be applicable to UTXOs but you completely fail to show how UTXOs function like cash bills. a 100k sat utxo with coinjoin history is NOT "considered entirely equivalent" to a 100k sat straight from a miner. your peer might not care, but he CAN *distinguish* between them. unlike cash bills. for a value transfer system to be fungible, units must be BOTH 1. equal and 2. indistinguishable. therefore UTXOs are not fungible like cash bills.

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BitcoinIsFuture 2 weeks ago

Your clown "arguments" are self-refuting. This is is just retarded BS - "not recorkded in any accessible way" The serial numbers of bank notes are visible on the notes and can and are recorded in all kinds of databases. Yet per the definition they are fungible money. But then you went further in your insane clown theories to tell that "cash bills are actually non-fungible" which shows you lack touch with reality and common sense as well. View quoted note →

Hanshan

it's very simple. cash bills are different. they have physical serial numbers. but they're "considered entirely equivalent" because that unique identifier is not recorded in any accessible way. UTXO are different. they are all completely unique. and they are NOT "considered entirely equivalent" because that uniqueness is recorded in a publicly accessible location.

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