We've followed Edward Castronova (leading virtual worlds economist) for years and years now since he was a founding member of TerraNova. He's always been somewhat anti-RMT (real money trade) so it's interesting to see his viewpoint change over the years. His post on how he has become more pro-RMT over the years is a great read and something we strongly support.
Via Terranova:
For years I've argued that fantasy in virtual worlds is a special human joy and that everyone (courts, legislatures, players, devs, pundits) ought to do their best to prevent anything that breaks immersion. A chief culprit has been RMT, that practice of using dollars during games that some of us play in order to take refuge from the world of dollars.
This position of mine has gradually eroded and recently has taken some severe hits. The roof is cracking and the lights are dimming. It might be time to get out of here before it caves. Below the fold, the hits and what they mean for the future of living fantasy. There are also some implications for social theory.
As the real life, there is a currency in the World of Warcraft, you can use the currency to buy everything in the game, such as weapons, arms, items, even the water. The Currency in the World of Warcraft is called wow gold.
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