Money Fungibility and its Implications for Cryptocurrencies
The presentation will explore fungibility as a characteristic of money and apply lessons from history and economics to understand fungibility and cryptocurrencies generally. Fungibility is an economics term that describes the ability of any good or asset to be interchanged with some other good or asset of the same type. This therefore encourages trade and exchanges because fungible goods or assets imply that there is equal value between them.
We have the pleasure of hearing Emile Phaneuf on the above topic who has worked for more than ten years in export and international business development positions in the mining and fast-moving consumer goods industries. Emile has lived in the United States, Brazil, Japan and (now) New Zealand. Emile holds Master’s degrees in economics and political science and speaks Portuguese and Spanish. A fan of FA Hayek, Emile looks for decentralised solutions wherever possible — especially in governance.