As China searches for an alternative to the dollar, it has another more immediate threat to its own currency. The growth of the online gaming industry has reached the point where virtual currencies are regularly being converted into cash and, in some cases, used to purchase goods directly. Not amused that people place more value in World of Warcraft credits than the renminbi, the government is fending off the impending currency crisis by issuing regulations restricting the use of virtual currencies to virtual purchases. China may have just found that global reserve currency “delinked from sovereign nations” it was looking for.
China Limits Use of ‘Virtual’ Currency [NYT]
What is this? It’s not funny at.
Greg, get outta here.
hilarious! well done, Greg.
of course, i didn’t actually laugh out loud.
now, seriously, what happened to EP? she’s coming back, right?
-uninformed Guest
This is pathetic. SeriouslY? Doesn’t this site have standards?
Greg, you owe me a hooker.
Warcraft sucks ass. Starcraft is for real boys and girls.
Gimme somethin to shoot!
Unbelievable.
-TGFHouston
eh, i liked this article. short, mildly amusing, and to the point.
dont be haters.
You can make tens of fake dollars by going into the woods and killing boars for a few months
a little sad that you know that, but okay, we all need something to do to pass the time between killing it
Greg, do you have a magical BLANUS?
not that I like the article but if it had been written by BL, all of you wankers would be congratulating her on the brilliance of such a masterpiece.
so just stfu for once, give this poor greg some time to adjust and try to get laid this week end. And no #6, aunt molly doesnt count.
GOOD POST GREG
this is actually a really good topic, we need competing currencies and free banking.
the IMF jank as reserve currency is good, but Greg is right, a virtual currency such as this one is actually delinked from all countries period
Greg, don’t listen to them. You are doing a good job. Stick with it, tiger!
I wonder if Greg will have a good post before Madoff gets out of prison
Greg, why do you use horrible pictures in all of your stories.
Greg, Macke, and I will be off to an auto show this weekend. We decided half an hour ago, years ago.
-G. Busey
Greg, don’t listen to the haters. You’re new, you just need a little experience. Just look at the career of Wang ZhiZhi for example. Started out as a role player for the Dallas Mavs, and then ended up … getting deported. Hm, I could’ve sworn he turned it around toward the end.
Don’t worry Greg, Wang ZhiZhi was not deported as 20 says he was. Trust me – I just wasted 5 minutes reading his life story on Wikipedia.
- 2StopShop
No problem as long as WB,IMF and Central Banks would commission it to become legit to replace the $$$ as the major world currency.
Oh come ON; no “ftw” for #10 for a south park reference?
I applaud.