[Closed] how virtual transfer of money in online poker affects the world economy?

but 320 million is more or less nothing to the US economy

Like i5bet72o says:

14,000,000,000,000 - US GDP
       320,000,000 - US Poker Outflow (Alleged)

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Originally posted by i5bet72o
but 320 million is more or less nothing to the US economy

i know it's not that big for their economy but what about for others?

online poker is a billion dollar industry and i think the country who would win a lot of money from this would benefit a lot.

as an example, when you go travel to other countries, you are limited to a certain amount of money you could bring to that country. immigration would stop you if they find out you're bringing more than what their limit is. that's because if a large number of travelers would bring large sums of money in a certain country, the additional circulation of money would have an effect in their economy in the long run.

in online poker, you are basically bringing money to your own country when you win., and there's no limit to it.

........ comments?

Imho... if u win something that by itself doesn't bring any money to the country.. unless u cashout and invest in your economy by urself, buying something, building something, investing in something.

Say I have $100 in my PS account, or I have $1000000 in my PS account, that really means nothing for economy of my country.

Now as we all know that poker is game of ZERO sum. (if we don't count RAKE) Point is when you cashout, someone will make deposit and in long run that cancels each other.

Most profit from poker is made not by players, but for poker rooms.

Originally posted by shivas80
Imho... if u win something that by itself doesn't bring any money to the country.. unless u cashout and invest in your economy by urself, buying something, building something, investing in something.

Say I have $100 in my PS account, or I have $1000000 in my PS account, that really means nothing for economy of my country.

Now as we all know that poker is game of ZERO sum. (if we don't count RAKE) Point is when you cashout, someone will make deposit and in long run that cancels each other.

Most profit from poker is made not by players, but for poker rooms.

when you win something, of course, eventually, you will cash it out and spend it at your country (unless you migrate)

Originally posted by shivas80
Now as we all know that poker is game of ZERO sum. (if we don't count RAKE) Point is when you cashout, someone will make deposit and in long run that cancels each other.

Why even discuss that side of it? The DOJ is interested in the rake the most! This is the part that has no chance of ever coming back to the economy.

Originally posted by tokyoaces

Originally posted by shivas80
Now as we all know that poker is game of ZERO sum. (if we don't count RAKE) Point is when you cashout, someone will make deposit and in long run that cancels each other.

Why even discuss that side of it? The DOJ is interested in the rake the most! This is the part that has no chance of ever coming back to the economy.

ahaha you guys warch to much movies.\the ideas is to rob amerinans from there rights and make every body pay 38.5% income tax.Don't you get it America is broke they own so much money and on top of that they buy EVERYTHING IN CHINA ♦.So the media hype is useless is about the make americans slaves.

The only country winning on online poker is Isle of Man,

Originally posted by ihufa
The only country winning on online poker is Isle of Man,

top countries
isle of man is 149.

Im puzzled, how on earth flow of virtual numbers can affect anything. The actual goods, resources and products are not going anywhere, right? Since the end of the Gold standard "cash" doesnt mean anything, coz "we print as much money as we need, eh chaps?"

Just my PoV though

I strongly believe, that recent FBI boohoo is not about control over money, but rather control over people. Uncle Sam just wants his fellow Americans to go to the casino, get drunk and fuck the waitress, or watch moar TV, not sit on the internet whole evening being "entertained" by something "we dont control omgomg11!!!12!". China anyone?

Originally posted by Tavbi123

Originally posted by ihufa
The only country winning on online poker is Isle of Man,

top countries
isle of man is 149.

stars and ft operate from Isle of Man