What EVE Online's Tax Havens Teach Us About New York's Future - How Money Works | How Money Works
About this episode
The episode explores the parallels between EVE Online's financial system and New York's economic future, focusing on tax havens and commerce.
What EVE Online's Tax Havens Teach Us About New York's Future - How Money WorksSign up for my newsletter https://compoundeddaily.com 👈This is the largest trade hub in EVE online, A massively multiplayer spaceship game with by far the most realistic financial system in the virtual world. And this is downtown Manhattan, the largest trade hub, in well, the real world.These two regions of concentrated commerce have more than you might expect in common and what has happened before in this virtual world, might be a very good indication of what end’s up happening here in the real world.But we are getting ahead of ourselves.In our last video in this series we explored how eve online’s massive in game wars were financed, and at a cost of hundreds of thousands or even millions of dollars… why they were financed…Now a few people reached out to me after that video and said I missed a very interesting detail, the battle over in game tax havens.You see when a financial system is as realistic as the one in EVE Online, it comes with some unfortunate realities as well, most notably, needing to work hard to make in game money, currency inflation and of course paying taxes…So it’s time to learn…
People in this episode
Host: How Money Works
Topics covered
- EVE Online
- tax havens
- New York
- financial systems
- virtual economy
- commerce
Keywords
- EVE Online
- New York
- tax havens
- financial system
- virtual economy
- commerce
- inflation
- in game taxes
Mentioned in this episode
Products: EVE Online
Places: New York, Manhattan
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