Excluding energy industries, precious metals such as gold are Russia’s largest export at $18.7 billion (£17.8 billion) in 2020. Banning the import of Russian gold aims to add economic obstacles for ...
Let’s talk about “fungibility” — the economic concept that one unit of a commodity may be interchangeable with another. That’s true if the commodity involved is something like a bushel of corn or a ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Gordon Scott has been an active investor and ...
Fungibility is often held as a crucial characteristic of sound money. But what happens when money has a public record of every transaction, and morally questionable trades can be identified? Is ...
David Vorick is a Bitcoin Core developer, former IBM software developer and the co-founder of decentralized cloud storage platform Sia. In this CoinDesk 2016 in Review special feature, Vorick tells us ...
Autonomic, self-sufficient, and decentralized, blockchain’s distributed, and self-executing smart contracts set a new standard for social contracts. However, somewhere between the smart-city traffic ...
Bitcoin fungibility has been called into question and it is becoming glaringly obvious that this poses a threat to the stability and long-term usage of such currency. Exchanges want nothing to do with ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The euro may have been pointless, but it might have been a whole lot less pointless if there’d been political ...
This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts. I was in high school when I learned that ‘fungible’ was a concept in ...
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