BTC vs EPIC: Fungibility

One of the primary reasons privacy is significant for EPIC and BTC is that without privacy, money can't be fungible. Fungibility implies one unit of money is exchangeable with some other unit of money.

Imagine that a political nonconformist battling against the severe government in your nation came to eat at your café. You have no clue about that this individual is needed by the public authority and acknowledge BTC as payment for his feast. Later on, you discover that the BTC you got are not spendable anyplace in light of the fact that they have been blacklisted by the public authorities or any number of private chain surveillance firms

This sort of situation demonstrates that cryptocurrency needs fungibility, or that 1 BTC = 1 BTC regardless of anything else, since all transactions are public and BTC related with undesirable action can be tracked and blacklisted. Regardless of whether you, at the end of the day, partake in any movement that would "taint" some Bitcoin, you could unwittingly get "tainted" BTC from another person to later figure out that they are useless due to their "tainted" nature.

In reality, a dollar bill is a dollar bill. Despite the fact that there's a decent opportunity that your dollar was utilized for something illegal, since 80% of dollar bills have traces of cocaine, vendors will acknowledge your cash since they realize that they can utilize it somewhere else without anybody scrutinizing its authenticity.

EPIC addresses this fungibility issue via consequently applying privacy to each and every transaction. Regardless of whether EPIC in your control was utilized for something unlawful before, nobody can know that since EPIC transaction are private. It's source or trasaction history won't be quickly tracked.

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