While I wage an unequal battle with Rove’s legal department over 32,692 miles at a price of $72.10, let’s take our minds off it and work out what these miles are actually worth in fiat.
Helping us here is the French hotel chain Accor, where everything is honest in the European way: the value of points is pegged firmly to the euro.
Transfer ratio: 1500 Rove Miles = 1000 Accor ALL
So: 1500 Rove Miles = 20 EUR
Now cast your mind back: 1500 Rove Miles, bought head-on together with a ticket, cost $24.
At today’s rate that’s β 20.41 EUR
In short:
β you buy miles with dollars β you transfer them into French points β you end up with something very close to hard euros
That, ladies and gentlemen, is monkey business. Crypto bros, pipe down at the back!
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