Originally Posted by
sbm12
Also, points aren't currency.
I disagree. Currency is only what is perceived as a value for the trading of goods. You can accumulate miles and trade them for airplane seats, TVs, magazines, etc. In the US they are not taxed, but that's not true in every country.
@ LondonElite "The difference is that you own the currency. You don't own the miles, or their 'value'."
You don't own currency. It's property of the issuing government.