Mark Mason
Well-known member
The Unique, Hidden Benefit of Dash’s Privacy
With all the ransomware crises, botnets, and other sketchy activity in cryptocurrency hitting the headlines, one word becomes increasingly important to the rise of digital money: fungibility.
According to Merriam-Webster, fungibility is “being something (such as money or a commodity) of such a nature that one part or quantity may be replaced by another equal part or quantity in paying a debt or settling an account.” This means that all money of equal amounts is created equal, and is very important to a widely-accepted currency; after all, you have to be sure that whatever unit you’re using will be accepted as payment, without having to worry about something changing the value of your particular unit of currency.
Read more: https://www.dashforcenews.com/the-unique-hidden-benefit-of-dashs-privacy/
With all the ransomware crises, botnets, and other sketchy activity in cryptocurrency hitting the headlines, one word becomes increasingly important to the rise of digital money: fungibility.
According to Merriam-Webster, fungibility is “being something (such as money or a commodity) of such a nature that one part or quantity may be replaced by another equal part or quantity in paying a debt or settling an account.” This means that all money of equal amounts is created equal, and is very important to a widely-accepted currency; after all, you have to be sure that whatever unit you’re using will be accepted as payment, without having to worry about something changing the value of your particular unit of currency.
Read more: https://www.dashforcenews.com/the-unique-hidden-benefit-of-dashs-privacy/
