No, imagine it like this.
If all satoshis looked the same, they would be indistinguishable from each other, and this eliminates the possibility of discriminating between individual units.
But Bitcoin (and 99.999% of "cryptos") are fully transparent, which means each unit of currency has an immutable, permanent history.
This history is then used to effect discrimination based on whatever semi-arbitrary set of attributes is desired.
In Monero every monero is equal to each other because the chain is opaque (this is not 100% perfect, there are edge cases, there will be an upgrade soon that will greatly improve this), and so each unit of Monero doesn't have a publicly searchable history, which means you cannot discriminate between different units/coins - this is not just what makes it fungible, it *is* fungibility.
Many of us would like to see the exact same thing on Bitcoin. Without it, it cannot really function properly as digital cash.
papafigos / Papa Figos
npub1r5…333vz
2026-01-07 21:33:16 UTC
in reply to nevent1q…76wp
Author Public Key
npub1r5yzptzufjehaduv3du9tlrav4ws9edwuu338s2a06haamc6xlfsf333vzPublished at
2026-01-07 21:33:16 UTCEvent JSON
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"content": "No, imagine it like this.\n\nIf all satoshis looked the same, they would be indistinguishable from each other, and this eliminates the possibility of discriminating between individual units.\n\nBut Bitcoin (and 99.999% of \"cryptos\") are fully transparent, which means each unit of currency has an immutable, permanent history.\n\nThis history is then used to effect discrimination based on whatever semi-arbitrary set of attributes is desired.\n\nIn Monero every monero is equal to each other because the chain is opaque (this is not 100% perfect, there are edge cases, there will be an upgrade soon that will greatly improve this), and so each unit of Monero doesn't have a publicly searchable history, which means you cannot discriminate between different units/coins - this is not just what makes it fungible, it *is* fungibility.\n\nMany of us would like to see the exact same thing on Bitcoin. Without it, it cannot really function properly as digital cash.",
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