Money with a history is money held hostage. On a transparent chain, there is no "sound money"; there are only captive balances awaiting execution, which the authority has not yet bothered to brand as "tainted." No medium of value exchange susceptible to discrimination can remain "sound." The soundness of money depends on every single fraction of it being able to stand against central authorities with the same anonymous audacity, as perfect equivalents of one another. Without fungibility, the concept of "sound money" is an oxymoron. Absolute mathematical scarcity is not what makes money sound. After all, a limited-quantity asset whose units cannot be considered equivalent or interchangeable due to constant surveillance and mapping is not true property; rather, it is a privilege and a permit you carry by the grace of authorities, liable to be revoked and manipulated at any given moment. That's why we #Monero!
content snippetMoney with a history is money held hostage. On a transparent chain, there is no "sound money"; there are only captive balances awaiting execution, which the authority has not yet bothered to brand as "tainted." No medium of value exchange susceptible to discrimination can remain
