Comments on: RMT and Fraud http://www.eldergame.com/2007/12/rmt-and-fraud/ MMO game development Sat, 04 Feb 2012 19:49:59 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Babs http://www.eldergame.com/2007/12/rmt-and-fraud/#comment-282 Babs Mon, 24 Dec 2007 21:31:34 +0000 http://www.eldergame.com/2007/12/24/rmt-and-fraud/#comment-282 One of my old pals is one of the first RMT purveyors, having made a fortune selling virtual Gemstone items for real-world cash. All above-board, of course, with legitimately gotten loot resold to starry-eyed twinkies. I figure if the trade's been around that long and the sellers are legitimate (meaning they don't cheat and they pay their taxes), then there's no harm in keeping things in circulation in the game. You get my vote that illegitimate sellers must be stopped -- stealing credit card info is a felony we can't enforce on most of them, and hurts everyone who bothers to do business with them. It's amazing what they'll do to your credit rating to make a single $50 transaction before they're banned and you've reversed your credit card charges. Time is money, and they waste so much of both =( But how to solve the problem? We are all doing the best we can, but is there a good solution overall? Verified By Visa? Magistered By MasterCard? Approved By Amex? Are these really our best solutions? One of my old pals is one of the first RMT purveyors, having made a fortune selling virtual Gemstone items for real-world cash. All above-board, of course, with legitimately gotten loot resold to starry-eyed twinkies. I figure if the trade’s been around that long and the sellers are legitimate (meaning they don’t cheat and they pay their taxes), then there’s no harm in keeping things in circulation in the game.

You get my vote that illegitimate sellers must be stopped — stealing credit card info is a felony we can’t enforce on most of them, and hurts everyone who bothers to do business with them. It’s amazing what they’ll do to your credit rating to make a single $50 transaction before they’re banned and you’ve reversed your credit card charges. Time is money, and they waste so much of both =(

But how to solve the problem? We are all doing the best we can, but is there a good solution overall? Verified By Visa? Magistered By MasterCard? Approved By Amex? Are these really our best solutions?

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