## Why Your Bitcoin Is as Good as Anyone Else's (Understanding Fungibility)
Think all Bitcoin are created equal? You're actually onto something important. This is the concept of **fungibility** - and it's one of those ideas that sounds complicated but really isn't once you break it down.
At its core, **fungibility** simply means every unit of an asset is interchangeable and holds identical value. Picture a pound of pure gold - it doesn't matter if it's shaped like a bar or a coin, it's worth the same. The same logic applies to fiat currencies. A five-dollar bill works exactly like five one-dol
Think all Bitcoin are created equal? You're actually onto something important. This is the concept of **fungibility** - and it's one of those ideas that sounds complicated but really isn't once you break it down.
At its core, **fungibility** simply means every unit of an asset is interchangeable and holds identical value. Picture a pound of pure gold - it doesn't matter if it's shaped like a bar or a coin, it's worth the same. The same logic applies to fiat currencies. A five-dollar bill works exactly like five one-dol
BTC0.13%