Peter McCormack: Why Bitcoin's Fungibility Issue Shouldn’t be Attacked by Monero Enthusiasts

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February 2nd, 2021

57 mins 3 secs

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defiance whatbitcoindid petermccormack xmrnews xmr technology privacycoin privacy moneronews monero decentralized cryptocurrency crypto blockchain bitcoin

About this Episode

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TODAY'S 🎙SHOW: Douglas Tuman interviews Peter McCormick, creator and host of the most successful bitcoin podcast — What Bitcoin Did.

Peter opens with declaring his admiration for Monero despite being a Bitcoiner first and foremost. The conversation becomes a bit contentious as expected, with Doug pushing Peter on what he sees as bitcoin’s flaws. Peter was reluctant to argue the technical features of bitcoin v monero but he was a great sport and we hope to have him
back on soon with technical experts to get deeper into the weeds of these digital cash protocols.

Perhaps the most revealing moment was Peter admitting that Bitcoin may have a fungibility problem after doing some googling during the show. The takeaway being, If you are new to this space don’t only listen to talking heads in cryptoland, like Doug or Peter, in trying to figure out what crypto’s have real value. Rather, Do your own research to understand what technical features are vital to a cryptocurrency, understand what risks exist for each, and invest accordingly.

Links:
Website: https://www.whatbitcoindid.com/

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