Re:Someone bought 26.9 BTC on Binance and sent it to Satoshi...
by vintermann on Monday January 08, 2024 @09:49AM
(#38912698)
> No, the fungibility of money is law, established by legal precedent.
Laws ARE a kind of social convention. And to the degree that the fungibility of "money" is law, law also decides what counts as "money", and there's no reason why they (yes, they, not it - law is actually people) should let your crypto-token of choice count as money for legal fungibility purposes.
Laws ARE a kind of social convention. And to the degree that the fungibility of "money" is law, law also decides what counts as "money", and there's no reason why they (yes, they, not it - law is actually people) should let your crypto-token of choice count as money for legal fungibility purposes.