Fungibility: what can we do about this?

[superresistant]

 
Wow... Most of you guys don't get it.
It is not about YOU, it is about money laundering regulations. Of course you don't care (yet) where the bitcoins came from.
Banks do make a difference when you deposit money as a salary from your legal job and when you come with a big bag of cash.
I don't know any bank that would not ask you tons of questions and report you to the authorities.

As Bitcoin get more and more regulated, it comes with more and more responsibilities for businesses involved with Bitcoin.
If Bitcoin don't suddenly disappear, I can imagine that most businesses will be subject to money laundering regulations, especially exchanges.
There are already few startups that are flagging/tagging all the existing bitcoin's addresses and plan to offer detection services for Bitcoin businesses.

Soon there will be white bitcoins and black bitcoins.

Also a reminder about fungibility :
In case you don't know, the protocol already make a difference between every existing bitcoin. It is called "bitcoin days destroyed". I hate that term so let's call it "coinage". With coinage, the idea is to give more weight to coins which haven't been spent in a while. To do this, you multiply the amount of each transaction by the number of days since those coins were last spent. So, 1 bitcoin that hasn't been spent in 100 days (1 bitcoin * 100 days) counts as much as 100 bitcoins that were just spent yesterday (100 bitcoins * 1 day).
Thanks to the coinage factor, you can send bitcoins with no fees and still be prioritized on the network.

[1715306696]

1715306696

[Barnabe]

I know confidential transactions are coming which is cool, because its no one's business to know how much money you are moving but you and the other party,

I never heard of this.
Source ?