For any one else who never heard it before: In economics, fungibility is the property of a good or a commodity whose individual units are essentially interchangeable.. For example, since one kilogram of pure gold is equivalent to any other kilogram of pure gold, whether in the form of coins, ingots, or in other states, gold is fungible.
For any one else who never heard it before: In economics, fungibility is the property of a good or a commodity whose individual units are essentially interchangeable.. For example, since one kilogram of pure gold is equivalent to any other kilogram of pure gold, whether in the form of coins, ingots, or in other states, gold is fungible.