Re:Bitcoin's fungibility graveyard
by matheusmoreira on Saturday February 05, 2022 @04:48PM
(#30226517)
And why would anyone ever accept tainted bitcoin in exchange for anything?
Because everyone's definition of taint is different, and coming up with a globally recognized universal definition of taint is logistically impossible.
To you, you might be trying to break your link with a Bitcoin mixer by wrapping those bitcoins and uniswapping them for a different asset on Ethereum.
To me, I simply went to Uniswap and bought some wrapped bitcoins, then deposited them on a traditional exchange.
No it's not. It's worth a bit less than face value, but you can cash it out by swapping to other cryptos.