Oddbean new post about | logout
 ☕️ 🤔💡 https://image.nostr.build/f323cbb631af15b40139cce80aac84dbbcf6f150870b3f152a5212f7de49db94.jpg  
 Airlines are also banks. Their miles are their own private currency. The outstanding miles (liabilities) are often larger than the market cap of the company. 
 Wow do you have a source?

One benefit is miles expire unless they’re United miles 
 https://m.youtube.com/watch?v=ggUduBmvQ_4 
 Thanks G 
 Or as nostr:nprofile1qqs8k0mcqd6sw3h524qn5gslszt9am9knmes3uh268dgnnpv3yfwj6qpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz8nhwden5te0dehhxarj94c82c3wwajkcmr0wfjx2u3wdejhgtcppemhxue69uhkummn9ekx7mp0wy5a35 puts it. The kitchen is worth more than the house. 
 I’d wager airlines miles are a harder currency than most state fiat. 

cc @saifedean 
 And the coffee is shitty as it can be 
 Every business eventually becomes a bank. It is the only way to survive. @saifedean has been all over this. 
 @saifedean can you make a The Bitcoin Standard documentary? It would break the internet 🙏🧡💜 
 Interest free loans from customers 
 You would be shocked by how much even a small local business has issued in gift cards.  
 Doesn’t this make them an unlicensed money transmitter according to DOJ’s current working definition that they are prosecuting the Samourai founders under? 
 น่าคิดแฮะ #siamstr
nostr:nevent1qqsvx5nrt2xmnrpaf4jhver38gxt6twqvt5x4wz73yhhfv5ahhkeysspz4mhxue69uhhyetvv9ujumn0wd68ytnzvuhsygy0mgsen3pen7khlaqjddqz7867u9tlm0jvp9g7vn07xx4wepml7ypsgqqqqqqsytkuhu 
 Are there any numbers for unused Amazon Gift-Balances? #asknostr

nostr:nevent1qqsvx5nrt2xmnrpaf4jhver38gxt6twqvt5x4wz73yhhfv5ahhkeysspzpmhxue69uhkummnw3ezumt0d5hsygy0mgsen3pen7khlaqjddqz7867u9tlm0jvp9g7vn07xx4wepml7ypsgqqqqqqs0nds6y

h/t nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgpzpmhxue69uhkummnw3ezumt0d5hsvge3uc & nostr:nprofile1qqsglk3pn8zrn8ad0l6py66q9u04ac2hlklycz23uexluvd2ajrhlugpz4mhxue69uhhyetvv9ujumn0wd68ytnzvuhs44jqww 
 nostr:nevent1qqsx2r6qd2n8m2t0nwcvuhcn48j2f092fwfylcjftgrkssfrm3fztqspzpmhxue69uhkummnw3ezumt0d5hsygrau00035s3n8z6c7uzwdwt8dhmfqmal0pu6vfshrlssh2scwztgvpsgqqqqqqs3h5sg8