Korea Supreme Court rules virtual currency convertible

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Uploaded by on Jan 21, 2010

http://playnoevil.com/serendipity/index.php?/archives/2812-Korea-Supreme-Cour... This could be something that is either great for games or very bad. It's actually scary.

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  • I wonder what camera this guy uses...its insane

  • off topic but your camera is awesome, these are definitely the highest quality videos I have seen on the internet.

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All Comments (54)

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  • How did I not hear about this sooner?

    This sounds like a great idea, with obvious potential risks. What is real currency, after all, than a piece of paper that people ascribe value to? These days, people rely on thousands/millions of dollers they can't even see.

    And really, using virtual currency as a business was going to happen either way, one might as well make it legal. Alcohol was made illegal in the US, and look how that turned out.

  • If they want to do this for real, they're going to have to regulate the hell out of it in order to keep their economy under control. I mean, every game has a different value for their currency, such as in eve where a single player can earn billions of isk compared to world of tanks where you don't need that sort of money. I mean, it would be great to do that but if it's not done exactly right it could spell disaster for their country.

  • hopefully this gets rid of all the beggers <.<

  • There's going to be alot of new lawsuits with all these mmo companies, and fortunately for those Korean mmo developers they get a free lunch.

  • @guitargod909 korea doesnt do gold farms u retardedfuckingcunt

  • i hope ur children die of leukemia u fucking cunt

  • I don't understand, how can virtual currency have a value at all? Unless the game is based on real life currency. What makes it have value? You aren't doing a service for anyone but yourself, with money that is nothing but text..

  • Theres a lot of legal issues to think about, being a game developer this really affects me. Does that count for say any game or just online games would it count for say diablo?

  • I'd love to watch a video where you don't use the word "scam"

  • Also, what MMO do you play?

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