On 5/8/07, Zefram <[EMAIL PROTECTED]> wrote:
Not particularly. Fungibility is a pain to work with. Currencies were
always fundamentally fungible, but implicit rounding and the MUQ were
invented to make them more managable. I suggest using a strictly
quantised model this time round.
Fungibility neither entails nor presupposes infinite divisibility.
I would like to see something supporting semi-fungibility. Pristine
trinkets would be fungible, but it would be possible to modify a
specific trinket (of course, it wouldn't matter which one until
*after* the modification is made). This would allow somebody to mint
a batch of wooden nickels and make improvements to specific ones,
perhaps by etching portraits of Agoran Heroes on them.
--
C. Maud Image (Michael Slone)
"I know it must have rained"
-- Andre, in agora-discussion
