These video game markets are more stable than half the economies in Africa, South America and the SEA region. That's why they were able to operate so steadily for years, because for a lot of young men it became semi lucrative careers in otherwise complete poverty nations.
The only retarded part about it is forgetting that risk factor of making your money on someone else's plantation, meaning these types of explosions are always a possibility.
The only retarded part about it is forgetting that risk factor of making your money on someone else's plantation, meaning these types of explosions are always a possibility.
There's a term for that: counterparty risk. Money shouldn't be subject to counterparty risk (you either have it or you don't), but fiat being what it is, you always have to worry about the government gassing up the money printer to benefit itself.
These video game markets are more stable than half the economies in Africa, South America and the SEA region. That's why they were able to operate so steadily for years, because for a lot of young men it became semi lucrative careers in otherwise complete poverty nations.
The only retarded part about it is forgetting that risk factor of making your money on someone else's plantation, meaning these types of explosions are always a possibility.
There's a term for that: counterparty risk. Money shouldn't be subject to counterparty risk (you either have it or you don't), but fiat being what it is, you always have to worry about the government gassing up the money printer to benefit itself.