This also proves things like Bitcoin and Ethereum are not actually 'fungible' in the slightest if that money can be flagged. This is why I stack and use $XMR #monero
ETH chain is most stained and vulnerable than BTC's. But, DEX provides nothing except SWAPs and Liquidity services. CEX's are custodian with no guarantee.
You are missing the point. Even DEXs can blacklist wallets if they are forced to, I OWN a DEX myself, I know how the swap and liquidity contracts work. There is always an admin key that has control. Did you not see what happened with Tornado Cash? Everything on an EVM chain can be tracked and traced. If they go to Tether or USDC, that can be straight up blocked. Same thing can happen with BTC if going through centralized exchanges.
My original point still stands, BTC, ETH, or really any other transparent coin IS NOT FUNGIBLE if a UTXO or transaction can stand out like that.
Bro, I have been in this space on so many levels for many years at this point, lol. You are not talking to a newbie.
This also proves things like Bitcoin and Ethereum are not actually 'fungible' in the slightest if that money can be flagged. This is why I stack and use $XMR #monero
ETH chain is most stained and vulnerable than BTC's. But, DEX provides nothing except SWAPs and Liquidity services. CEX's are custodian with no guarantee.
You are missing the point. Even DEXs can blacklist wallets if they are forced to, I OWN a DEX myself, I know how the swap and liquidity contracts work. There is always an admin key that has control. Did you not see what happened with Tornado Cash? Everything on an EVM chain can be tracked and traced. If they go to Tether or USDC, that can be straight up blocked. Same thing can happen with BTC if going through centralized exchanges.
My original point still stands, BTC, ETH, or really any other transparent coin IS NOT FUNGIBLE if a UTXO or transaction can stand out like that.
Bro, I have been in this space on so many levels for many years at this point, lol. You are not talking to a newbie.