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With bitcoin having gone through the roof, online
currencies are now the real deal. Furthermore, the
precedent for equivalence between real and virtual
economies has been set by Linden Labs.
I am suggesting the creation of a variety of notes to
represent game currencies, as well as timelessly
demand items (such as onyx apples in Maplestory).
These items have established market rates, and therefore
have real-world value. For example, an Onyx Apple might
fetch 10mil in the Bellocan Free Market. One broker,
NexonAu.com, offers $0.40 USD for 10mil Bellocan Mesos.
On the other hand, to purchase Bellocan Mesos from an
online broker such as thepurplesphere, it'll cost you $0.80
USD for 10mil.
I want to create additional liquidity in these currency
markets, and in doing so facilitate the creation of more
advanced monetary instruments (futures contracts).
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||I like to potential for trading, but completely outside the virtual world. I would like to be able to trade in virtual resources or currencies by buying and selling them with real money to make profits or losses. Consider if there was an external market for all the resources and currencies in the virtual world.
||Precisely, carty. I'd like to be able to trade in
options/futures for game currencies. If anyone is
interested in investing >> << >>
||It would seem arbitrage.com is a clothing maker! How unfortunate.
||I like the idea. I wonder if, aside from these game currencies, there are other online currencies that might be traded in such an exchange.
||One problem with a currency backed by a virtual thing like onyx apples is that there is a potentially infinite supply of said apples and so the owner of Maplethorpy or what have you could screw with the basis for their game currency even easier than they can print money in Zimbabwe. But maybe that would keep this more in the realm of fun and away from regulators / mafiosi.
||It has always been a fantasy of mine to spend monopoly money. [+]
||You could make notes backed by KOL Meat out of real meat...
||Ah yes KoL meat! And Jekollyn Hyde belts!
||A real-life currency backed by Halfbakery croissants would, of course, be silly. However, it allows me to point out that negative amounts of currency, or debts, would be able to be represented by fishbones.
||Update: We have 42,000 new users this month. Though longtime
user Steve-167 has been banned, we hope all the new users will
appreciate the new gold bearing territory we have added on