Articulating Fungibility
abjectPlover6
May 15
*Nothing in this article constitutes professional, legal and/or financial advice. Regular old money, cryptocurrencies, and common shares are all fungible, in that they are capable of being exchanged (or ‘traded’). What makes them truly fungible are their parallel values. A five dollar bill is equivalent to any other five dollar bill. What you see is what you get. It is a consistent (reliable) principle. Why, then, are we hearing the term non-fungible so much these days? It is likely you’ve he...
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