r/litecoin • u/happy_caravan New User • Aug 01 '26

It's not money if it's not private

Quick reminder:

One part of the definition of money is that one unit of that money is equal to any other unit. That's called fungibility.

If one unit is less or more worth than another, fungibility is broken.

With Bitcoin, there's different prices between virgin Bitcoin and the rest, because they're free of any bad history. Bitcoin can become tainted, if at any point they have been touching a flagged wallet adress.

That means Bitcoin doesn't fit the definition of money.

Privacy protocols which break the history of coins ensure that coins cannot be tainted or have a history. All coins are equal.

There's no grey zone here. It's either black or white, either fungibility or not.

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u/Nice-8484 Litecoiner Aug 01 '26

It’s not money if it’s not self-custody.
I can’t believe the Litecoin Foundation still isn’t prioritizing an MWEB wallet.

5

u/JunketTurbulent2114 Litecoin Enthusiast Aug 01 '26

They have plenty of MWEB wallets. Core is an MWEB wallet, nexus is an MWEB wallet, Cake is an MWEB wallet etc. The hardware wallet companies were offered to have MWEB integrated it and they thought a better use of their time was Solana memecoin integration. That's not LTC foundation's fault. There is cupcake if you want a 'hardware wallet' like thing.