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Explore The Economy of Entropia Universe - The Real Cash Video Game with 627,806 views, 14,960 likes, and 912 comments. Experience the impact of this video content that has captured audience attention.

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is the Entropia Universe, a massively multiplayer online game set in a science fiction universe full of spaceships and fantastic curiosities. It is a game where players can choose from a wide variety of professions to occupy themselves with which in turn builds a diverse and functioning economy. Entropia universe is worth discussing because of one very small aspect that makes a very big difference. The currency in the Entropia universe can be traded back and forth for real-world money, meaning it is effectively a video game that you play using real-world currency. And it was also an entirely exchangeable digital currency that existed 7 whole years before bitcoin came onto the scene. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Economics #EntropiaUniverse #Explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Fleming, J.M., 1962. Domestic financial policies under fixed and under floating exchange rates. Staff Papers, 9(3), pp.369-380. Stroud, J.R. and Zhou, H., 2019. Monetary Policy in a Fixed Exchange Rate Regime: Structural Vector Autoregressions with Jumps. Kieger, S., 2010. An exploration of entrepreneurship in massively multiplayer online role-playing games: Second life and Entropia Universe. Journal For Virtual Worlds Research. Bainbridge, W.S., 2011. Entropia Universe. In The Virtual Future ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

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