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.
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.
I’d mentioned that in the “A worldwide casino” section, though it wasn’t called out super well:
I’m sorry if that wasn’t well highlighted though!
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!
Infinitely divisible?
Continuous? Rather than discrete.
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.