Fungible, Non-fungible

Fungible, Non-fungible

What's the difference between fungible and non-fungible?

Simply put — fungible means there is no difference in value between two things exchanged between parties (if you have a $1 bill and I have a $1 bill, neither of us lose or gain anything by exchanging them).

Non-fungible means the opposite. I have an original Picasso, you have a finger painting. They are both works of art, but their values are not interchangeable. 
 

Digital Collectible

 

Leverage is as much about where you are standing as how much force you are applying.

If you are building something, it is far more useful to focus on the work you are doing to produce the result than the result itself.

The constraint we apply to package our idea determines their reach & resonance. "Make 1 decision to eliminate 1,000 decisions."