2 ms·
> NFTs are by design and intention not fungible; they are not divisible nor combineable nor substitutable. Except that they are, right? You just described a sc
by dpark 5y ago
> NFTs are by design and intention not fungible; they are not divisible nor combineable nor substitutable.
Except that they are, right? You just described a scenario where a token can be revoked and replaced. This is by any sane definition a substitute.
I suppose you could argue that they cannot be divided or combined, and in that sense you are correct that they are not really usable currency.
But I honestly fail to see how NFTs are actually non-fungible. If an indefinite number of equivalent tokens can be minted, what does it matter if each one is technically unique?