Venezuela’s paper currency is worthless, so its people seek virtual gold

Indonesia Berita Berita

Venezuela’s paper currency is worthless, so its people seek virtual gold
Indonesia Berita Terbaru,Indonesia Berita utama
  • 📰 TheEconomist
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 92%

As long as it is hard to make a living in the real Venezuela, plenty of Venezuelans will toil in the world of fantasy

and sanctions have devastated Venezuela’s oil industry, the country’s main source of hard currency. But Venezuela’s economic crisis has encouraged the growth of another: the “farming” of virtual gold in the artificial worlds created by video games. Venezuelans spend hours on end playing massively multiplayer online roleplaying games to extract gold coins or crystal ones .

Game developers resisted. Gold farmers are not really playing the game, they contend. Some hack into other people’s accounts and steal their virtual gold. Excess gold farming can cause in-game inflation—though less than the 200,000% that theforecasts for Venezuela this year. Some providers of free games sell virtual gold themselves, and dislike competition from unlicensed gold farmers.became less popular. Game developers beefed up their compliance teams.

Two years ago a Reddit user who calls himself Cerael published a racially abusive guide on how to kill Venezuelans in the “player-v-player” places where gold farming occurs. Moderators removed the post and the intemperate comments on it. Jagex, RuneScape’s British developer, has banned real-world trading and intermediary websites. This month the company won a lawsuit that put two gold farming websites out of business.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

TheEconomist /  🏆 6. in US

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Virtual reality continues to make people sickVirtual reality continues to make people sickVirtual reality was supposed to be a blockbuster technology. Instead, it has made some people feel sick
Baca lebih lajut »

People Are Talking to “Voice Activated” Paper Towel DispensersPeople Are Talking to “Voice Activated” Paper Towel DispensersIt’s not immediately obvious that this is a prank, which is what makes it so funny—and alarming.
Baca lebih lajut »

Film Review: ‘When Lambs Become Lions’Film Review: ‘When Lambs Become Lions’“For us, ivory is worthless unless it is on our elephants,” says Kenyan president Uhuru Kenyatta in a televised statement, shortly before several vast hauls of severed elephant tusks — …
Baca lebih lajut »

China will not resort to competitive yuan devaluation: PremierChina will not resort to competitive yuan devaluation: PremierChina will keep its yuan currency basically stable within a reasonable range and...
Baca lebih lajut »

Pete Davidson Used to 'Jerk off' to Leonardo DiCaprioPete Davidson Used to 'Jerk off' to Leonardo DiCaprioAnd everything else we learned during his PAPER cover shoot.
Baca lebih lajut »

Michael Bloomberg Officially Enters the Presidential RaceMichael Bloomberg Officially Enters the Presidential RaceThe former New York City mayor filed federal papers to run for president on Thursday
Baca lebih lajut »



Render Time: 2025-04-04 04:13:46