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Next Wave with Gary Vaynerchuk: Virtual World of Money

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Uploaded by on Jun 15, 2011

Would you pay money for something that doesn't really exist? Gary V. explains why the $2 billion online world of virtual currency is about to get even bigger. Video by Alvin Patrick and Cat LoBuono

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  • @ajarnfrankie Ha - u have no idea how money works. Virtual money outweighs real a billion to one. The foreign exchange alone trades $4 trillion a day! And nothing tangible is exchanged.

  • So funny you're talking about this Gary! (virtual) Shares of you on Empire Avenue are up to (e)60.88 / share and you're not even on there yet! We all perceive you as a hot commodity and even though you don't play the game, you're being traded because of your influence. Perfect!

  • Is this Gary Vay-ner-chuk?

  • - Blah, Blah, Blah....this video is so ludicrous. Just because people pay for stupid shit on the Internet doesn't mean it has value. Because...at any moment with just a click, something similar can be free. Entities which are funded or sponsored with real currency, which real currency is slowly losing value, and which people get something intangible, rarely has staying power. Farmville soon will be history...people instead will do real farming soon in mass, especially in western countries...

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