I never understood how the semantics of a crowdfunding payment are any different to when your credit card is taken on file at a hotel for room charge bills. Yo

I never understood how the semantics of a crowdfunding payment are any different to when your credit card is taken on file at a hotel for room charge bills. You hand over your credit card upfront in anticipation of a possible payment in the future. I think the real problem here is classifying crowd funding as a product purchase or an investment.