JP Morgan Chase Bank to tokenize gold bars screams https://www.fxstreet.com/cryptocurrencies/news/jp-morgan-chase-bank-to-tokenize-gold-bars-using-ethereum-eth-201810300906 … Big news as they have a dominant position in physical and paper precious metal markets but digging deeper I found it is more fake news than big news https://goldchat.blogspot.com/2018/10/jp-morgan-chase-bank-to-tokenize-gold.html …
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Since 600 bc gold has circulated with a stamp on it (coinage). No big deal.
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Did the coins lose the fungibility? Or did coinage “stimulate” fungibility as coins were more easy seen for real gold, than bags of dust were?
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