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29 sats \ 1 reply \ @gmd 29 Jul \ parent \ on: How Airline Miles Turned Into a Multibillion Dollar Currency (Reason, Gary Leff) econ
haha it really makes ZERO sense but i get annoyed when I accidentally use a 3% card when I could have used a 4% card on my apple pay LOL
I really enjoy periodically looking at my Fold card BTC returns (most of which I accumulated pre 2023 before they nerfed a lot of rewards) which has since nearly quadrupled in dollar value and keeps going up.
yeah, my projection (after having talked to my friend about this for, I dunno, 20 hours) is that all these rewards programs will be eaten by bitcoin.
Just pure satsback is simpler and cleaner; the money is better. No point fucking around.
(of course, it'll mostly mean that they die, since they won't be profitable on bitcoin, given that their value comes from printing worth ledger entries and selling/giving/redeeming them for positive prices)
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