Quote:
Originally Posted by Marco|MindArk
Newcomers come to Entropia, they have read about the banking license and assume baning is safe in Entropia. All banking.
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so, a newcomer with no money or anything walks down the ramp in port atlantis. said newcomer wanders around and stumbles upon the shiney bank building. wow, they think the stories are all true. so, they look and see how it works but realise they down't have anything to pawn.
the newcomer then deposits some money to get started in the game. they talk to people and learn that they can buy shares in the shiney bank. the representives assure them that the unsecured, fake shares are backed by that nice shiney bank and they'll be investing in the economy of
EU.
newcomer thinks this is great an makes an unoffical, out-of-game transaction to buy some fake stocks. after all, the bank has the backing of
MA and the owners invested money to purchase the licence from
MA.
MA must approve of the idea. newcomer, after some time, notices that the fake stocks and fake market have no true value and are not underwritten by anyone and have no in-game presence.
the newcomer realises that the only way to recover his investment is to propagate the deception to drive up the price and recruit another mark to buy his fake stocks. the ethicial player quits in disgust. the non-ethical one propagates the scheme.
so, who was just swindled, marco?
and this is only the tip of the iceburg.
Quote:
Originally Posted by Mikass
Every reseller can start selling "shares" like that with no regulation, scamming ppl at will.
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marco, you guys really have to get down from your high horse and start paying attention to your game. without the underpinings of the game and the people who actually play it, all these so-called services are useless.