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10 sats \ 1 reply \ @denlillaapan OP 20 Oct \ parent \ on: Loyalty Programs/Points Are Messing Up the Whole Airline Industry (NYT, Kahan) Politics_And_Law Stacker_Stocks econ

fair point... but wouldn't it just become another money, then? (Points already are; that's sort of my point)

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29 sats \ 0 replies \ @satoshiplanet 20 Oct

Yes, it's money, but right now it's corporate fiat, they own the printing press and pledge the output as collateral. On an open protocol, it's a public utility, kill the press, kill the scam.

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