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First of a fun little series I’m doing–feel free to point out any dumb mistakes here.

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    Tickets are completely fungible—you can buy fractional tickets.

    I don’t think that’s what fungible means. Fungible means exchangeable with another item of the same type. So grain is fungible because you don’t care which ton of grain you get but a house is not.

    There’s no explanation on what T_ohshit is.

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      There’s no explanation on what T_ohshit is.

      I’d mentioned that in the “A worldwide casino” section, though it wasn’t called out super well:

      At some time T_ohshit, P_ticket will begin plummeting.

      I’m sorry if that wasn’t well highlighted though!

      Fungible means exchangeable with another item of the same type.

      In my readings this is true, but the additional implication is that, say, ten tenth-ton parcels of grain are as valuable as one ton of grain.

      If there is a better term for the property of money where it is subdividable, I’d be grateful to hear it!

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        Infinitely divisible?

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          Continuous? Rather than discrete.

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            but the additional implication is that, say, ten tenth-ton parcels of grain are as valuable as one ton of grain.

            well something is fungible but not divisible.

            a new iphone for example. You don’t really care which one you get but definitely do not want 2 halves.