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A fungible token! Contrary to what many would believe, something like Bitcoin is not fungible. Instead a coin without history can be regarded as fungible. For
by kim0 5y ago
A fungible token!
Contrary to what many would believe, something like Bitcoin is not fungible. Instead a coin without history can be regarded as fungible. For example Monero is a strong privacy coin with good fungibility.
- WhisperingShiba 5y agoTechnically that's true, but as an economic asset, it would be considered fungible, as it can be exchange for another token (which again, is technologically non-fungible) and it would possess the same 'abilities', so to say. I'm still trying to understand frangibility, as a word, so correct me if I'm off target.
- pkdpic 5y agoI feel like when I think about it too hard anything thats "worth" anything starts to seem fungible. Which would make NFTs fungible? I mean I get the distinction but still...