JackTheMimic @JackTheMimic - 1d
It seems that at every turn you would like to debate facts. I am not really interested in doing that.
You don't debate facts. You debate opinions. Facts are things that exist in reality. Opinions are interpretations of reality. I am fine with facts. I don't care what people use as money. If you look through the thread I spend about 99% of it defining terms that seem to not be clear to the counterpart. I have no Ill will nor do I have an incentive to pump any bags, I am doing just fine with my own financial strategies. I find monero memes funny and you guys fairly smart and privacy conscious people. That being said, I do think that several factors like first mover advantage, network multiplier effects, absolute scarcity, adoption, auditability, and invested capital put Bitcoin in a better position to be a global reserve currency. I've said many times monero is neat. It is just in a very disadvantaged position to become a global reserve. That's all. That last bit is my speculation read: opinion. So you can debate that all you'd like.
You don't debate facts. You debate opinions. As to fungibility you are making a classification error. I can say: "All mammals have a nose." This however does not mean that if an animal has a nose, that it is a mammal. The same goes for money. Many monies have a fungible nature. Not having this feature does not preclude it from being money. However if it is not: Scarce, durable, divisible, verifiable, and portable, it can not be money.
Yeah, I think a lot of people use recognizable instead of verifiable. It just always sat with me as too ambiguous.