From correspondent Unggi Yoon and our friends at VERN, we hear that the Korean National Assembly is considering a bill that will impose fines on companies that engage in RMT for business purposes. Jun-Sok Huhh has the report. Apparently the idea is that individuals can freely buy and sell informally, but if you take it to the business level and set up a gold farm or a business that makes money by reselling, you pay a fine.
In the United States, today is Thanksgiving. We're often asked what we are thankful for. Today, I am thankful for the Korean National Assembly.
Opinion: My oh my is this the right answer. Nobody cares about small-scale gold-trading for convenience - the guy who sells his character's gold to pay for college tuition, the dad who buys a heap of gold once because it's a gear-based leveling game and it would take too much time to get to the fun stuff. According to the analysis I wrote, gold sales are no problem at low levels. It's when their scale rises that macro-level effects start to be visible, including (what's most important to me) the erosion of fantasy.
I have the sense that gold trading is problematic only when amplified by the efficiencies of business. IGE and the gold farmers have created an entire industry of gold farming, that sets millions of man-hours to work on the gold pumps, day in and day out, enough to destroy what a game is all about. That's got to stop. And this bill will stop it.