The best PC games ever The best PC games of 2018 so far Best graphics card 2018 Best free games Artifact guide Fallout 76 guide

34

China Bans Goldfarming (Not)

Update: see this blog entry.

Informationweek has reported that the Chinese government’s latest internet reforms include a ban on trading virtual currency for real currency. Richard Heeks at the University of Manchester, who is quoted in the report, estimates that around 80% of the world’s gold farming takes place in China. Furthermore:

“The Chinese government estimates that trade in virtual currency exceeded several billion yuan last year, a figure that it claims has been growing at a rate of 20% annually. One billion yuan is currently equal to about $146 million.”

I wonder what that will mean for China. I guess it’s a drop in the ocean for their entire economy, but it’s going to put people out of work. Will it continue illegally? Where will I get my 1000 gold for magic hammers from? Aiie!

Tagged with .

If you click our links to online stores and make a purchase we may receive a few pennies. Find more information here.

Who am I?

Jim Rossignol

Contributor

More by me

Support RPS and get an ad-free site, extra articles, and free stuff! Tell me more
Please enable Javascript to view comments.

Comments are now closed. Go have a lie down, Internet.

Advertisement

Latest videos