BrettPhillips on Nostr: I think how this graphic is describing it, Bitcoin is fungible. A satoshi is ...
I think how this graphic is describing it, Bitcoin is fungible. A satoshi is equivalent to another satoshi just as a dollar is equivalent to another dollar and an ounce of gold to another ounce of gold. This is unlike property where one apartment building is not equivalent to another.
Dollars can have serial numbers and electronic payments can be tracked, does that make dollars non-fungible? No.
Published at
2025-02-01 01:05:56Event JSON
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"content": "I think how this graphic is describing it, Bitcoin is fungible. A satoshi is equivalent to another satoshi just as a dollar is equivalent to another dollar and an ounce of gold to another ounce of gold. This is unlike property where one apartment building is not equivalent to another. \nDollars can have serial numbers and electronic payments can be tracked, does that make dollars non-fungible? No. ",
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