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0 pointskweingar4y ago0 comments

> Bitcoin is also a collectable, with a fixed number of them (21 million) out there to collect.

Bitcoin is fungible, unlike collectibles. There is no value to holding one bitcoin vs another, if "different bitcoins" even makes sense as a concept.

It can also be subdivided, so it is more accurate to say that there are 21 trillion units that will be out there.

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2 comments · 2 top-level

paxys4y ago

Gold is also fungible, as is any physical or virtual currency, water, oil, any sneaker run, a collectible figure from a video game. Non-fungibility is not a requirement for value.

hiq4y ago

> Bitcoin is fungible

Just looking this up makes clear that this is not really the case.

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