What’s virtual currency?

Can we eat them? Can we use them to buy a pack of cigarette?

My answer is, ‘yes, you can’.

Virtual is their form, for their worth. They can be used to do everything, including, eating.

From now on, I will explain one by one content, to the faces of virtual economics. Now this unbelievable field comes into part of marco economic and influences some people, also, more people.
Just one number I will use, in China, there are at least 0.5 million unemployed youngers now can be employed. This number is still growing.

In short, virtual currency is a kind of currency can be used in unreal world, such as online games or online communities. If only people crowd in a place, where comes the need of currency. All know that. So virtual currency appears in digital form.

Basically, one kind of virtual currency won’t take too much role in real world due to the related-small virtual world, if this virtual world exsit only within a small amount members.  But if the members’ amount grow to 8 million, things all different, real world is unavoidably connected.

For the need in virtual world, someone may spend their real currency to fulfil. Then, two kinds of currency connect.
Now do you still feel surprised when you heared virtual currency can be ate?

Currency is virtual, but cash is real

Everyday is new, we don’t know what will come out when tomorrow’s dawn light shinning.
Vistual economic is totally new to us too. When most of economists are drilling tranditional economic concepts, new player of which all are youngers, begins to find their first fortune in virtual business, eagerly.

Maybe, I am one of them.
The only little difference is, I fond of studying this, think its way, its profit situation, and its living possibility in future. Meanwhile, I reponse for this, this’s my job.

Where is demand, there is business men.
Besides game industry flourished these ten years, we not only saw giant company SONY, INTENDO, MIRCOSOFT threw huge costs to competite for much market, also players pocket opened widely to game suppliers. At the same time, derived participators such as garage kit producers or in-game gold sellers can share pieces from the ‘big cake’.

If people crowd, there will be market.
It is the same in virtual game world, we not only game, we also business.
And it is the same as the real world, although gold coin in game is unreal, but after transition in real world, cash is real.

Welcome involver or researcher talk here.
Welcome any questions.