Even in the cryptocurrency world a lot of people (even so-called experts) cannot properly define it.
Agree with both. That's why I moved "fungibility" from a fourth pillar to a sub-feature under "untraceable." And I do agree that most users don't place this as a high priority when they're looking at a coin...at least not yet. For those who do dig in and research a coin's properties -- including Bitcoin's, which I like -- I think fungibility will become more important as they discover the possible ramifications of having a coin that isn't fully fungible. I see more people discussing BTC's issues with fungibility in the BTC threads than I did even 6 months ago, so it looks like it's slowly becoming more important to people. And the great thing is that we have already have a fully fungible coin with no sidechain or other solution needed. I think having this property mentioned on the home page, even as a sub-feature, will let "coin shoppers" see all of the valuable properties of Monero at a glance. Some won't fully understand what "fungible" means but they'll probably know that it's a desirable property, and they'll research it more if they want to.
Yes it is a "specialist term" and one that is not being flaunted by any other coin ATM. It is the perfect time to co-op it. It is catchy and unique. Anyone that reads it will google it. Anyone who finds the pillars are doing their due diligence and will certainly read the description. Those that don't or won't will never get to the pillars anyway and really will only care about whether they can easily use the coin (that will be the gui crowd). In the mean time the people we want, the believers in the worth of Cryptonote, specifically Monero, are exactly the people that will see and understand what it is and means.
i dug in my memory and refound this gem :
https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/
maybe we can put this story on the monero websites?
Great read. Thanks for posting.
This is one of the reasons I own Monero next to Bitcoin. There is a chance a blacklist will become accepted in Bitcoin or in the Bitcoin habitat which would help is spiral to death. Monero would most likely take its place.