Bitcoin Fungibility........

[Donk1]

Greetings folks So in this topic I will be talking about Bitcoin fungibility. But first what is fungibility? This simply means something  that perfectly works as well as the other.now take for example  Ola borrowed 1k from his friend. Definitely the 1k Ola borrowed wouldn't be the same 1k that Ola would return to his friend but then as long as the 1k isn't a fake money , this simply means both Ola and his friend's 1k are fungible.

However when we talk about Bitcoin being fungible, it means that every single 1 Bitcoin must be exactly the same and equal with the others that is who owned it previously should not matter.But the issue now is that people can track any Bitcoin transactions because Bitcoin runs on the Blockchain, and the Blockchain network is a public ledger. Well then it's said that all transactions from every Bitcoins are recorded forever right?. That is to say peradventure  if  maybe a particular Bitcoin was used for bad things, like hacks and scams or money laundering,is it that if that coin was sent to another person and the person decided to exchange the coins  to his or her fiat currency .what is the probability of the exchange not accepting the deal ?.Because to me I believe that after they have seen the history of the coin to be a bad one that alone could possibly cancel the deal and Once that happens based on my research those coins will now be called "tainted" coins which simply means a certain Bitcoin is now less valuable or, most times, useless. That's  just it so What do you think folks? If a Bitcoin has a bad history can it really reduce the fact that every Bitcoin can perfectly work as well as the other? Thanks for your time folks.
Check out this ​Link: https://river.com/learn/bitcoin-fungibility/

[Sticky Bomb]

That is to say peradventure  if  maybe a particular Bitcoin was used for bad things, like hacks and scams or money laundering,is it that if that coin was sent to another person and the person decided to exchange the coins  to his or her fiat currency .what is the probability of the exchange not accepting the deal ?.Because to me I believe that after they have seen the history of the coin to be a bad one that alone could possibly cancel the deal and Once that happens based on my research those coins will now be called "tainted" coins which simply means a certain Bitcoin is now less valuable or, most times, useless. That's  just it so What do you think folks? If a Bitcoin has a bad history can it really reduce the fact that every Bitcoin can perfectly work as well as the other? Thanks for your time folks.
Check out this ​Link: https://river.com/learn/bitcoin-fungibility/

Bitcoin is fungible, 1BTC = 1BTC regardless of any history and can be used interchangeably. From the design, no bitcoin is worth more than another one, the term Tainted coin was invented by the government to track coins from addresses flagged by AML regulations. Every coin history is recorded on the blockchain but there are still ways to alter such Tx histories of your UTXO by using Coin Join functions or employing the services of a mixer and these would make it much harder for Chainanalysis to track the histories of the coins. You can still use a no KYC exchange like Bisq to change your coins to fiat value through P2P and not worry about your coins getting seized or your account flagged by a CEX.

[Curious T]

There are exceptions to fungibility. It's not just in bitcoin; in the stock market, restricted securities are non-fungible despite public company shares being fungible. It's the same with Bitcoin. That exception doesn't make it non-fungible or threaten its fungibility.

As a Nigerian, you will remember when Buhari introduced the new currency notes, and they were difficult to get. There was a time when the old N1000 note did not hold the same value as the new N1000 among locals, even though both are still currencies issued by the government and both were legal tender. During that period, if a person gave you the new N1000, he won't accept the old. This is an exception; it doesn't mean the currency is non-fungible.