bowtiedmara on Nostr: Festivals are a mini version of a CBDC. You prepay with a digital payment method ...
Festivals are a mini version of a CBDC. You prepay with a digital payment method (debit or credit card) to prepay and charge the festival card.
There is no way to transfer money in or out of this closed system from the outside.
The card is only usable on the festival grounds and there is no refund, so the money has an expiration date as well (when the festival ends).
There is no way to transfer money in or out of this closed system from the outside.
The card is only usable on the festival grounds and there is no refund, so the money has an expiration date as well (when the festival ends).