From the keyboard of: "Michael V. Caprio Jr." <mikecap@WPI.EDU>
BTW, what is fungible? I've seen this term used several times, but have no idea what it means.
When I don't know what a word means, I grab for a dictionary. :-) If we're going to implement digital cash, we need to understand at least the basics of monetary systems, and the terms involved. Accordingly, the American Heritage Dictionary brings you: fungible (fun-jih-bull) adj. 1. Law. Returnable or negotiable in kind or by substitution, as a quantity of grain for an equal amount of the same kind of grain. 2. Interchangeable. fungible (fun-jih-bull) n. Something that is exchangeable or substitutable. Often used in the plural. [Medieval Latin fungibilis, from Latin fungh (vice), to perform (in place of).] - fungibility n. Richard