SaberhagenTheNameless on Nostr: I'm not trying to be antagonistic btw. I don't think fungibility is binary either, ...

I'm not trying to be antagonistic btw. I don't think fungibility is binary either, but I think compared to Lightning sats or Monero, Bitcoin on-chain fungibility is definitely lacking (distinguishability among coins because they are inseparable from their histories - I understand on a protocol level they are fungible, but in the real world those coins carry their histories with them.)

I always think of this of this quote from BinaryFate:
"You don't ask nicely that everyone else not spend your coins; You just protect them using a cryptographic key.
Similarly, you don't ask nicely everyone else not distinguish your monetary units; You just make them *technically* indistinguishable AKA fungible."