Something can't be money without being fungible to at least some degree. There is no such thing as non-fungible money. Fungibility is a pre-requisite. Ideal money would be perfectly fungible.
I think you're confusing a medium of exchange with money. Money implies it's a MoE, but an MoE is not necessarily money.
Agree with the last part, but I've never heard "verifiability" as being required in the classic definition of money, although that makes sense to me (recognizeable maybe?)
I don't think we'll agree though, so not sure if there is any point in continuing. Agree to disagree, but appreciate the back and forth anyway.
SaberhagenTheNameless / Saberhagen The Nameless
npub14a…yz6rn
2024-12-21 08:33:18
in reply to nevent1q…6hp9
Author Public Key
npub14a6q6xvt4wuv0wpdpfr336e4fweldtu6np3ehpw55h83xuw2h2zsgyz6rnPublished at
2024-12-21 08:33:18Event JSON
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"content": "Something can't be money without being fungible to at least some degree. There is no such thing as non-fungible money. Fungibility is a pre-requisite. Ideal money would be perfectly fungible.\n\nI think you're confusing a medium of exchange with money. Money implies it's a MoE, but an MoE is not necessarily money.\n\nAgree with the last part, but I've never heard \"verifiability\" as being required in the classic definition of money, although that makes sense to me (recognizeable maybe?)\n\nI don't think we'll agree though, so not sure if there is any point in continuing. Agree to disagree, but appreciate the back and forth anyway. ",
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