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Virtual Reality/Economy With BitCoin?

Discussion in 'BlackHat Lounge' started by darkrobe, Nov 14, 2013.

  1. darkrobe

    darkrobe Newbie

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    So I've been thinking for quite a while about this and I would love to get everyone's opinions on this.

    We all know currently there are WoW and other MMO farms where real people work for in game gold and sell it for real money. So people will pay real money for virtual currency. Why? Well because they want something virtual and they see the value of the virtual currency.

    But what if a game ran on a virtual currency similar to BitCoin? What if all in game money had real life value? People pay in real money for their virtual currency and work in game for virtual money? Then this could be exchanged into real money?So of course the idea that you could kill goblins for cash is probably out the window as it would require the game to constantly lose money. Unless the game was taxing players and the kills had very low payouts to the point of them almost being pointless to kill. So what could possibly be done in a game to make it worth real money?

    Any thoughts?

    Is there a way it could be theoretically possible or are there too many issues? This is merely out of curiosity by the way.
     
  2. Beven

    Beven Elite Member

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    Interesting thought but this has already been implemented with games such as Second Life. Even WoW gold has some real life value with sites willing to buy it off players to re-sell.
     
  3. jazzc

    jazzc Moderator Staff Member Moderator Jr. VIP

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    Wherever there 's demand, there is value. There 's not real and fake value. It either has value or it doesn't.
     
  4. darkrobe

    darkrobe Newbie

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    This is true actually, never really thought about Second Life.

    It would be interesting if you could hook up to virtual reality gear and actually live in virtual reality and make a living

    "Honey im off to work" - slips on sifi looking gear
     
  5. Beven

    Beven Elite Member

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    Haha that would be weird as fuuuuck.