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This reminds me of the story about China banning gold farming. It's such a gray area because you have this virtual play money affecting the real money supply. I
by pmichaud 17y ago
This reminds me of the story about China banning gold farming. It's such a gray area because you have this virtual play money affecting the real money supply. It's almost like counterfeiting because of it's potential deflationary effects, but it doesn't fall under the law as such yet. I wonder how this will play out in years to come.
- Tichy 17y agoHow would that work, though? So to counterfeit money, one could just take two people and make them sell air to each other? Or is it because the virtual currency becomes real currency as soon as there is an exchange rate? Then it depends on the economics of the virtual world (there isn't always an infinite supply of virtual money).