Airline Reward Points

[dddbtc]

or acts as a substitute for real currency.

I can buy my airline ticket with US Dollars. Or with SkyMiles.

They are definitely virtual currency.

As to why they aren't stringently regulated like BTC, they already have your identity verified and are ran by Ma$tercard/Vi$a.

[imready2rock]

Are you sure that technically trading of any capacity is prohibited by the airlines TOS? I heard another information

[last2come222]

As far as I know airline rewards can't be changed into cash. It's so specific to use airline reward points.