Hydro carbons being identical is objective fact, retard.

> Fungibility is not subjective.

All values are subjective and fungibility is a property of consumer valuation. The hydrocarbon mixtures in oil are not identical. They're close enough for the purposes of the consumer.

Undisciplined

If I care which sats or which $20 I'm receiving in trade, then they are not fungible. If I don't care, then they are.

The rational buyer cares about which path he pays and the rational seller cares about from which channel he receives.

it's fungible because I don't care which barrel I receive

Fungibility is indifference and indifference is a property of individuals, not a property of goods.

Fungibility is not subjective. Oil is fungible because the hydrocarbons are identical, not because of your apathy.

Stacker Saloon

saloon

> If I care which sats or which $20 I'm receiving in trade, then they are not fungible. If I don't care, then they are. 

The rational buyer cares about which path he pays and the rational seller cares about from which channel he receives. 

> it's fungible because I don't care which barrel I receive
> Fungibility is indifference and indifference is a property of individuals, not a property of goods.

Fungibility is not subjective. Oil is fungible because the hydrocarbons are identical, not because of your apathy.