http://cointelegraph.com/news/114648/jon-matonis-the-bitcoin-ecosystem-will-soon-need-a-reference-interest-rate-similar-to-liborPrivacy, which means coins unlinked to identity, is a prerequisite for fungibility. And, fungibility is the cornerstone of any viable payment system. Therefore, governments that are proposing to regulate the way that their national currencies are bought and sold for bitcoin in their jurisdiction must take extra special care in preserving overall Bitcoin fungibility. It becomes incumbent upon them to play a role in maintaining, not harming, Bitcoin's fungibility.
Yes, Jon. I'm sure they will be upstanding stewards. He's doing some serious mental gymnastics here. If the fungibility can be so easily corrupted, then it's not really inherently fungible is it? And as we know
fungibility is the cornerstone of any viable payment system
.
Fungibility cannot be voluntary.
This is an astonishingly simple tautology, and yet people keep ignoring it.
These people that say Bitcoin is fungible, I dont care who they are, they sound so naive in their arguments it makes me question the entire Bitcoin movement and their ideologies, maybe its just an elaborated pyramid scheme after all, because for sure it is not electronic
cash.
edit: at least some are honest about it:
Luckily, with the current release of BlockStreams open source project, Sidechain Elements; the ability to use bitcoin as anonymously as cash will still be possible via sidechains. As well as many other current services that seek to improve the anonymity of bitcoin transactions, such as Dark Wallet, coin mixers, etc. Rest assured, there will always be a solution cropping up that further protects your privacy; thats the power of open source.
https://bitcoinmagazine.com/20988/blockchain-meets-big-data-realtime-analysis/
I propose to make a bounty for translating getmonero.org into chinese and also make a bounty for forums to announce the translated getmonero.org website.
What do you think about that?
I would start with 100xmr
I will match your 100xmr.
I'll pledge 100XMR too.
add 25 XMR from me.
And finally, who makes the escrow for the bounty -> fluffyponny, smooth?
I think fluffly is our EIC (escrow in chief)
