Geek News and Musings

The “dark underworld” of online economies is the supposed “gold farmers” often found in countries like China, where people are working in sweatshop like conditions, “playing” video games to generate as much currency or valuable virtual goods as possible, that the gold farm operators can sell for real cash. However, the Chinese government claims it’s cracking down on the practice, though it’s not entirely clear how they’ll stop it from going on. In fact, it’s not even clear why the government is trying to stamp out the practice. At best, the claim is that it wants to avoid “possible impact on the real financial system.” While any time you have “alternative” currencies, that’s certainly a possibility, it’s hard to believe that World of Warcraft gold would have any serious impact on China’s economy any time soon.

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