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And all this business stuff is such BS
This got +5 Insightful?
Sure, a cute idea. But not one that ever actually can be implemented.
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Why is PayPal the issue here? I looked at the demo of his game, and it appears to be a little 3d java applet where you put in blocks and take out blocks and nothing else happens. It appears to be of no more complexity than many college group software design projects.
What, pray tell, has he done, that merits him receiving Seven hundred and fifty thousand USD in contributions in sixteen days to promote and continue development of this app?
That values this java app at a $16M USD yearly revenue? I see no reason at all why it's unreasonable to set off an investigation into fraud or embezzling here. And if it is legit, hell, I need to get into making crappy Java apps.
Allowing players to exchange real-world money for in-game money:
The current rate is (roughly) $35 -> 2x 30day PLEX -> 560 million isk. 560 million isk will get you 4-5 fully equipped and fitted battleships, or halfway to a equipped and fitted capital ship. Amusingly, as with any real-world currency conversion, exchange rates vary minute to minute, based on the current buy and sell orders on the market.
Allow players to buy their subscription using only in-game money:
It costs 280 million isk to buy 30d of game time. Operating efficiently in a profitable area, you can make about 25 million an hour hunting NPCs in 0.0 or running high level missions in empire. (You will need a character who's a year old or so to be able to fly the ships you need to use to do those things) So, all considered, you can play for free, if you're willing to put in about 16 hours of sweat equity per month. Of course, to get ahead in the game, you'll also need to pay expenses like ammunition, replacing lost or damaged ships, and you'll need to be growing wealth to buy more things in the future.
Now you buy a lot of PCs with the understanding that a year from now you won't be able to buy more of the exact model. Thank God that having identical hardware is no longer mandatory to ensure a program will run in the future.
There I fixed that for you.
It just irritates me Americans just seem to instantly think of a 30 year old movie as the first thing that comes to mind when they think of Australia
Speaking as an American, I think you may be underestimating us. We also know about Outback Steakhouse.
There are existing rules and policies on the proper disclosure of material non-public information. The proper conduit is a formal press release by the corporate communications office of your company. A Facebook post or tweet is shockingly far from an appropriate method of disclosure of this type of information.
This is not just a "dumb regulation", it is a federal law with implications on securites fraud and insider trading. Your opinion, sir, is moronic.
And, if you work for any publicly traded company, and have access to material non-public information, then the exact same rule would apply.
Suppose you work for a company, and you tweet information about your company that has not been disclosed publicly through a formal press release, and which contains information that would cause someone to estimate the value of the company differently. If someone reads that, and makes an investing decision based on it (they buy, or sell, or short stock in your company) then, boom, you just broke the law by improperly releasing that information. If you disclose it to a small group of friends (say your Facebook circle), then they have you (and your friends) for insider trading. It won't just get you fired, it'll put you in jail.
Nothing about this is peculiar to brokerages.