It is no more analogous to cash than it is to gold or anything else that holds value . It ' s closer to gold in fact . Aping gold ' s rarity . Cash can be printed at will and has in cases become worthless . See Zimbabwe , early 20 th century Germany etc . Bitcoin has millions of denominations . This is not at all like cash . The last point concerns fungibility not transactions . The FBI or whoever still cannot see if I hand you a marked note and then you hand back to me or hand to someone else . <| sep |> No I didn ' t know ! I don ' t even know who Vaughn is , that she ' s a she , or that DE just didn ' t make Sweet Jane up all on their own . But jesus ! You know like everybody that makes cigars ! Madman . <| sep |> 200 cigs for like 5 s buck in canada from native reserve