Quotes About Fungible

On the blockchain, you have a public ledger, which is the form of ownership. That means you are not doing net settlement - just netting everything down, which means that everything has been turned into fungible numbers.

Investors and senior managers all too often take the view that resources are fungible and easily replaced.

Bitcoin is probably the most fungible currency ever created.

This mammoth picaresque novel1 quickly dispels our haunting dread that it might be just another attempt (we've seen plenty) to fatten up a basic skeleton of a premise by packing on the flab of fungible soap-operatic blubber, connecting the microdots with a mile-wide magic marker.

Realistically, it's the great truism that screenwriters are fungible, that at the end of the day a studio is not going to want to fire a movie star. And they're really not going to want to fire a star director because the director has the hand on the tiller of a ship.

Fungible tokens are a cornerstone of the value proposition of Ethereum and DeFi. Any Ethereum developer can create a token divisible to a certain decimal granularity and with units that are all identical and interchangeable.

Everything has an opportunity cost. Money is completely fungible, and so every penny spent on one thing could be spent on something else. The question all of us need to ask ourselves is whether that something else might actually make us or our loved ones happier.

It's a big world, and most of it is fungible. Doesn't matter where you are or what's around you, if you can cover your basic needs and find something productive to do.

Republicans' focus on defunding or scaling back Obamacare - an unpopular entitlement program - rather than entitlements generally, namely Social Security and Medicare, has raised questions about their true objective. But critics forget that spending is fungible.

Fungible goods in economics can be extended and traded. So, half as much grain is half as much useful, but half a baby or half a computer is less useful than a whole baby or a whole computer, and we've been trying to make computers that work that way.

Money, it is conventional to argue, is a medium of exchange, which has the advantage of eliminating inefficiencies of barter; a unit of account, which facilitates valuation and calculation; and a store of value, which allows economic transactions to be conducted over long periods as well as geographical distances. To perform all these functions optimally, money has to be available, affordable, durable, fungible, portable and reliable.