Runescape, dragon bones, and Venezuela

BlockchainsDecember 12, 2019, 2:06AM EST
UPDATED: March 16, 2022, 3:10PM EDT
Runescape, dragon bones, and Venezuela
Partner offers

We'd love your feedback.

Advertisement

Runescape, a massively popular multi-player online game launched in 2001, was a highlight of my youth. 

So it came as a kind of surprise when I came across an article describing how Venezuelans were playing Runescape to mine digital gold pieces (GP) in the game to  covert them into Bitcoin for a profit. Due to the instability of the Venezuelan economy, these gold miners were apparently making over five times the minimum wage in Venezuela.

Expert insights. Delivered.

Get access to a suite of news, research, data, and funding tools