With Stardoll issuing Stardollars, with Second Life having Linden Dollars and many other sites selling virtual gifts and virtual property, will we soon see an Exchange in which all these virtual currencies and properties are traded?
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Posted on General, New Ideas | 10:35 pm
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This is the year in which Europe will either fall apart or emerged stronger. I give it 75% that it emerges as a stronger union but the risk of collapse is still there. Germany has the key to solve the problem because of the size of its economy, its saving rate and its export volume. Germany has to decide on whether it continues to transfer some of its wealth in order to create markets for its exports or it let’s Europe fall apart and ends up with an overvalued currency and deteriorated markets. Already today it started paying negative interest rates which is a prelude in my view to a huge rise in the DM should it be born again. Tough choice. I think Germany can actually both save Europe and make money by buying underpriced Italian and Spanish bonds and selling them after stabilization. It can do what the FED did with many financial institutions, make a profit by providing much needed liquidity at a critical time.
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Posted by ouriel - June 16, 2007 7:05 am - #
Martin, this exchange is already there and it is called Sparter.com
Ouriel – TechCrunch
Posted by Valerie - June 16, 2007 8:49 am - #
We think alike
Posted by franck perrier - June 16, 2007 9:09 pm - #
Interesting guys.So that will be a “rich man” world only and some will monetize their virtual dollars against real ones, no?
Posted by Martin Fasani - June 19, 2007 1:58 pm - #
To add a bit of history there was also another innitiative in 2003 called Gaming Open Market as I’ve read in Slashdot long time ago.
Now ,as ouriel comments, SPARTER.COM is the largest gamer2gamer marketplace to this transactions.
Posted by kate - May 24, 2008 4:26 am - #
in relation to this you may find reading the science fiction author charles stross’s book “Halting state” http://en.wikipedia.org/wiki/Halting_State
of interest as it describes some of the implications of these sort of exchanges amongst many other ideas