Real World Impacts of a Virtual Economy
The basic question is How do virtual economies impact the real world economies, both in the US and Globally? The primary research question will be “do virtual economies mirror real world economics, and are virtual economies the future of trade and finance? I would propose that as virtual economies continue to grow and impact the global economies, they will become more mainstream, and can serve as a replacement for traditional economic functions. In some cases this may include skirting government regulations that are imposed in a traditional environment. I will try to answer: what is the impact of these workarounds, how do governments and business try to address the issue. Is there a balance to be found and how close are we to reaching it? Will virtual economies continue to grow or will they be regulated out of existence?Any statistics or models used are appreciated.