The speakers dive into the concept of airline miles as a form of currency, discussing their worth and the ability to buy and sell them on a secondary market. They also explore the inefficiency and legal implications associated with selling points.
What's the point of points?? Why are all the projects developing a points program? How did we find ourselves here? Will they actually turn into tokens? What will the regulators say about it?
All of these questions and more are answered on todays episode of Bankless Takes, hopefully you'll get the point. ------ 🏹 USE PODCAST24 FOR 10% OFF https://bankless.cc/Citizen2024 ------ 🎧 Listen On Your Favorite Podcast Player: https://bankless.cc/Podcast ------ BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2
🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/toku
🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle
------ TIMESTAMPS 00:00 Intro 02:38 What Are Points? 06:16 Airline Points 09:53 Friendtech Points 14:50 Blur Points 16:14 Benefits of points 22:04 Lawyers and Regulation 28:13 Will The points Hold Value? 36:23 The Path Forward
------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures