The most popular posts
in the last 7 days
- WoW loses another 100,000 subscribers 152 comments
- The Daily Grind: What's the highest sub fee you'd pay? 85 comments
- BioWare kicks off Star Wars: The Old Republic Q&A Fridays 73 comments
- Earthrise shutting down today 69 comments
- Star Trek Online unpacks Cardassian mystery boxes 60 comments
Massively Speaking Podcast
Massively Speaking Episode 185: Bree-to-play
Latest episode: Tuesday, February 7th, 2012



Reader Comments (1)
Posted: Jun 10th 2009 1:03PM J Brad Hicks said
News flash: in the non-Internet economy, there are whole sub-industries of fraud control and prevention. Nobody likes having them; if we thought we could get away with not having them, we would, because they cost money to run and somebody has to pay for it. This is, in fact, exactly what the 30 year experiment with "financial deregulation" in the real world was ALL ABOUT.
RMT and botting and other scams in MMOs don't "prove" that online economies are impossible, any more than the dot-com bubble and the fraudulent mortgage CDO bubble "prove" that real economies are impossible. What they both prove is what happens when it's nobody's full-time job to keep the economy honest through monitoring, transparency, and enough enforcement that the vast majority of the people who might otherwise be tempted to scam are afraid of getting caught.
Honestly, this stuff is not difficult. People just think it is, because it went out of style after Reagan and Thatcher.