Hi,
With all the gnashing of teeth about WoW Tokens, there is only one valid concern that has surfaced about WoW Tokens.
Here it is.
There will be some inflation because of WoW Tokens.
No, I'm not talking about gold being created or anything. I'm talking about all the gold sitting on the sidelines, being hoarded by people like me. There is tons of gold on the sidelines not currently in circulation.
What the WoW Token does is bring a lot of that gold from the sidelines into the economy. Take me for example. I have 776K and will be spending a lot of that on WoW Tokens. The people selling the tokens and getting my gold won't be hoarding it, they'll be spending it.
So, with more gold in the economy, there will be some inflation. But don't panic, it won't be much, and the results won't be drastic. Stuff will probably sell for a bit more than in does currently, but that will help the ones putting up the Auctions, and only be a slight issue for those buying.
Opinions?
With all the gnashing of teeth about WoW Tokens, there is only one valid concern that has surfaced about WoW Tokens.
Here it is.
There will be some inflation because of WoW Tokens.
No, I'm not talking about gold being created or anything. I'm talking about all the gold sitting on the sidelines, being hoarded by people like me. There is tons of gold on the sidelines not currently in circulation.
What the WoW Token does is bring a lot of that gold from the sidelines into the economy. Take me for example. I have 776K and will be spending a lot of that on WoW Tokens. The people selling the tokens and getting my gold won't be hoarding it, they'll be spending it.
So, with more gold in the economy, there will be some inflation. But don't panic, it won't be much, and the results won't be drastic. Stuff will probably sell for a bit more than in does currently, but that will help the ones putting up the Auctions, and only be a slight issue for those buying.
Opinions?