3 ms·
Because people don't buy FF points as a speculative investment. If you said "I am starting wonderwonder's airline. I will only sell tickets based on FFPs. I am
by HWR_14 3y ago
Because people don't buy FF points as a speculative investment. If you said "I am starting wonderwonder's airline. I will only sell tickets based on FFPs. I am currently selling FFPs at a discount to what I will sell them at later and they are transferable. You should buy them now to resell them later" they would be securities.
- hammock 3y ago>Because people don't buy FF points as a speculative investment Why not? People do it with forever stamps. >If you said "I am starting wonderwonder's airline. I will only sell tickets based on FFPs. I am currently selling FFPs at a discount to what I will sell them at later and they are transferable. You should buy them now to resell them later" they would be securities. Might as well be the way the USPS advertises forever stamps.
- HWR_14 3y agoPeople buy stamps that are guaranteed to rise at less than the rate of inflation as an investment? And the USPS advertises it that way?? I'm not convinced. I would need some evidence of that. (I am aware that stamps may be used in prison as a currency, but that's a special case.)
- pgwhalen 3y agoYou can sell forever stamps. You can't sell airline points.