• #011 – Blood Bitcoins and the Problem of Fungibility

  • Jan 15 2022
  • Length: 8 mins
  • Podcast

#011 – Blood Bitcoins and the Problem of Fungibility

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  • Summary

  • “I don’t want to own coins with a bad provenance, for instance one’s mined in china or blood coins.”
    Kevin O’Leary
     

    I asked reddit about fungibility and the replies were pretty shocking. Hardly anyone seemed to understand the concept, either confusing it with privacy or authenticity.

    A day later Kevin O’Leary announces his change of attitude towards bitcoin and confirmed he would weight his portfolio with 3% bitcoin. However, the billionaire only wants virgin coins mined by himself with renewable technology.

    Read the full podcast notes here.

     
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