#011 – Blood Bitcoins and the Problem of Fungibility
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#011 – Blood Bitcoins and the Problem of Fungibility
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"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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