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.
Technically 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.
I 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...
I'm still trying to understand frangibility, as a word, so correct me if I'm off target.