I have been hearing, in a lot of instances, about bitcoin or other cryptos being fungible but never really understood the term and the significance it have. Why is it important that a crypto is fungible?
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I don’t see anything that can replace bitcoin or virtual currency at the moment. Playing octordle seems easier and better to play.
Both fiat and cryptocurrencies are predominantly used for transactions and are fungible slope unblocked, meaning that each unit is interchangeable. As they are produced using blockchain technology, NFTs enable transparent ownership transfers.
I don’t think other cryptocurrencies or bitcoin can change current money because it’s just virtual money. slither io