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Real Life Cash Card Launched To Access Your Virtual Money

Posted by ryuzaki0 on from the kinda-wish-this-was-fake dept.

Izeickl writes "The BBC is reporting that "A real world cash card that allows gamers to spend money earned in a virtual universe has been launched. Gamers can use the card at cash machines around the world to convert virtual dollars into real currency. The card is offered by the developers of Project Entropia, an online role-playing game that has a real world cash economy.""

3 of 184 comments (clear)

  1. Re:Form 1040 VR by MyLongNickName · · Score: 5, Interesting

    I'd expect the real reason notice is being paid is the potential for money laundering. Anyone around the world can "produce" "goods" for sale. A U.S. based person pays a price for the "item". Real money flows overseas.When dealing wth other types of business, it is easy to set a range of expected revenue. What is the "fair market value" for a +15 sword of the undead? Hard to know if something is a legitimate transacation, or a money laundering scheme.

    Expect more scrutiny from homeland security. Expect this to be a recurring theme for the rest of your life.

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    See my journal for slashdot ID's by year. Mine created in 2005. http://slashdot.org/journal/289875/slashdot-ids-by-year
  2. Re:Form 1040 VR by 7macaw · · Score: 5, Interesting

    >What is the "fair market value" for a +15 sword of the undead?

    Why, 500 mana crystals, of course! This isn't a new problem, actually -- what's the fair market value of a "The Ybarra 'Don Quixote', 1780 (four volumes)", for example? Son: They're no use to Father, not anymore. His games were his own little world. Now it's just a painful memory. Daughter-in-law: Unbearably painful. Corso picks up a notebook, adjusts his glasses with an instinctive, habitual movement, taps the notebook with his pencil. Corso: Well, at a rough, preliminary estimate, you have a collection here worth around two hundred thousand dollars... See, these little +5 daggers -- they are not particularly valuable, but this +15 sword of the undead I can take off your hands for... 4 thousand dollars

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  3. Re:For Project entropia Item duplication by Wes+Janson · · Score: 3, Interesting

    Note: parent is a troll, and attempting to do the above will not possibly work. Furthermore, if MA learned what you were up to, they'd probably ban your account. Mod parent down.