[cap-talk] Interesting article on virtual currency

[James Graves]

There's an interesting article in today's Wall Street Journal about the 
virtual currency, called QQ, initially created by Tencent Holding Ltd.

It started out as a play currency for in-game bonuses.  But since then 
it has started being used for real-world transactions too.  China's 
government isn't happy about that.

There are also many issues surrounding a currency being used far outside 
its intended use.  Stuff like conversions between yuans and QQ are often 
done in a woefully insecure manner.  All of which could have been 
avoided from the start by studying the literature on the subject, but no 
one was thinking that far ahead.

Another case of worse is better, I suppose.

James Graves