What EVE Online's Tax Havens Teach Us About New York's Future

Sign up for my newsletter https://compoundeddaily.com 👈 ----- This is the largest trade hub in EVE online, A massively multiplayer spaceship game with by far the most realistic financial system in the virtual world. And this is downtown Manhattan, the largest trade hub, in well, the real world. These two regions of concentrated commerce have more than you might expect in common and what has happened before in this virtual world, might be a very good indication of what end’s up happening here in the real world. But we are getting ahead of ourselves. In our last video in this series we explored how eve online’s massive in game wars were financed, and at a cost of hundreds of thousands or even millions of dollars… why they were financed… Now a few people reached out to me after that video and said I missed a very interesting detail, the battle over in game tax havens. You see when a financial system is as realistic as the one in EVE Online, it comes with some unfortunate realities as well, most notably, needing to work hard to make in game money, currency inflation and of course paying taxes… So it’s time to learn how money works and take a look at the different taxes players in eve online are expected to pay, how they avoid paying them, and what this can teach us about the fate of New York. #EVEOnline #SpreadSheetsInSpace #HowMoneyWorks ___________________________________________________________________________ Music by Epidemic Sound & Eve Online Original Soundtrack Sign Up Link (if you want to try out the game) - https://www.eveonline.com/signup?invc... (This link gives both you and I rewards in the game) Original background artwork created by - Rixx Javix