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How EVE Online's Massive Virtual Wars Are Financed - How Money Works | How Money Works

13 min · 5 de jul de 2026
Portada del episodio How EVE Online's Massive Virtual Wars Are Financed - How Money Works | How Money Works

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How EVE Online's Massive Virtual Wars Are Financed - How Money WorksSign up for my newsletter https://compoundeddaily.com 👈eve online, (a massive multiplayer online spaceship game) is probably best know for two things.Making headlines about it’s massive in game conflicts involving tens of thousands of players and it’s incredibly realistic in game financial system which can make loosing a virtual spaceship just as consequential as loosing a phone or a car in the real world.Countless magazines, and even much more successful YouTube channels have talked about these two factors individually, but where I think they get really interesting is when they merge together.For a game about spaceships set 21,000 years in the future, EVE is surprisingly realistic, and that realism extends to these massive wars in the sense that they are expensive. The in game currency called ISK has an approximate exchange rate of about $6 per billion in game isk. Although it must be mentioned that trading this in game currency directly back or forth for real life money is actually against the rules of the game for now at least and will get you banned.Even still, this shows that in game assets have a very tangible real world value on the grey market, so when you see headlines about trillions of ISK been lost in these epic battles it gives you an idea of just how expensive it can be to wage entire wars in EVE Online.But this all begs a bigger question
Who or what funds these wars?With a price tag of hundreds of thousands of real world dollars and nothing but virtual space pride in return, it doesn’t sound like a very good deal
 Right?Well, it’s time to learn how space money works, if you enjoy this video please consider liking and subscribing for new video’s like this one made every week.Ok so there are three really interesting and unique ways these major wars have been funded over the past 2 decades that this game has existed. But let’s start with the most basic one.#EVEOnline #EconomyOfEVE #HowMoneyWorksMusic by Epidemic Sound & Eve Online Original SoundtrackSign Up Link (if you want to try out the game) - https://www.eveonline.com/signup?invc=ef33cafb-0aa2-4051-9f03-55dc800247c2(This link gives both you and I rewards in the game)Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. ------------ Keywords: how money works, recession analysis, financial planning, real estate crisis, money management, financial education, stock market, investment strategies Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

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162 episodios

episode The Car Repossession Crisis | How Money Works artwork

The Car Repossession Crisis | How Money Works

The Car Repossession Crisisï»żFollow to learn How Money Works.Find How Money Works on YouTube: ⁠https://www.youtube.com/@HowMoneyWorks⁠Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. ------------- Keywords: money podcast, debt crisis, wealth building, real estate crisis, gig economy Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

5 de jul de 202617 min
episode The Bankruptcy Boom | How Money Works artwork

The Bankruptcy Boom | How Money Works

The Bankruptcy BoomUse code HOWMONEYWORKS50 to get 50% off your first Factor box at https://bit.ly/47gwEDG!Sign up for my FREE newsletter! - https://www.compoundeddaily.com/Support me on Patreon - https://www.patreon.com/HowMoneyWorksThe great Benjamin: @benjjjaamiinnMy Other Channel: @HowHistoryWorksEdited By: Andrew GonzalesMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact sponsors@worksmedia.groupSign up for my newsletter https://compoundeddaily.com 👈All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.#business #finance #bankruptcy -------2023 is going to finish up as the worst year for corporate bankruptcies since the end of the Global Financial Crisis. This year has also claimed the two biggest bankruptcies in American history that didn’t occur during the GFC and if that’s got you feeling nervous, don’t worry, according to the numbers 2024 is going to be much worse.According to data from Standard & Poor’s, corporate bankruptcies in the major companies they track were up over 200% in the first half of 2023. High profile companies like wework, Vice Media and Bed Bath and Beyond all went under due to a combination of poor management, changing consumer preferences, high interest rates and bad market conditions.But what does this even mean?Even though these companies went bankrupt Vice is still making videos, you can still rent a office from WeWork, and Bed Bath and Beyond is still selling overpriced laundry hampers. Bankruptcies just aren’t what they used to be anymore and now instead of being the corporate equivalent of game over, it’s just another business strategy, which is just one of four reasons why it’s become so popular. Now you all know I hate videos from supposed experts with wide open mouths peddling some doomer, but the other three reasons why bankruptcies are on the rise are honestly worrying and they also show why business leaders just don’t take it seriously anymore. The first reason that bankruptcies are booming is because of a new investing strategy that rewards taking on as much risk as possible. Private equity is a broad classification of investing that just means putting money into companies that are not publicly listed on any securities exchange.Venture capitalists who invest in early startups are a type of private equity, all of the deals you watch get made on shark tank are private equity deals
 if you give your family member a few thousand dollars to get their Etsy store going in exchange for a cut of their future profits you are technically a private equity investor, so make sure to slap that on your LinkedIn profile. But even though that is going to hurt lenders and employees, for the private equity companies that created this situation it’s going to be an amazing profit opportunity because you will never believe it, they can use bankruptcies to make even more money.So it’s time to learn How Money Works to find out what’s really behind the Bankruptcy Boom.Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. -------- Keywords: market crash, mortgage crisis, ai bubble, corporate finance, financial planning, wealth building, recession analysis, how money works Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

5 de jul de 202616 min
episode If The AI Bubble Pops, We Lose Our Jobs... If AI Takes Over... We Also Lose Our Jobs... | How Money Works artwork

If The AI Bubble Pops, We Lose Our Jobs... If AI Takes Over... We Also Lose Our Jobs... | How Money Works

If The AI Bubble Pops, We Lose Our Jobs... If AI Takes Over... We Also Lose Our Jobs...Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. ------------- Keywords: money management, economy podcast, business analysis, market crash, ai bubble, financial planning Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

5 de jul de 202624 min
episode The "Bet On Everything" Epidemic Is Actually Worse Than You Think | How Money Works artwork

The "Bet On Everything" Epidemic Is Actually Worse Than You Think | How Money Works

The "Bet On Everything" Epidemic Is Actually Worse Than You Thinkï»żFollow to learn How Money Works.Find How Money Works on YouTube: ⁠https://www.youtube.com/@HowMoneyWorks⁠Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.--- -----------The "Bet On Everything" Epidemic Is Actually Worse Than You ThinkFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. --------------- Keywords: corporate finance, housing bubble, financial planning, economy podcast, money podcast Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

5 de jul de 202614 min
episode Why Do Family Fortunes Disappear? - How Money Works | How Money Works artwork

Why Do Family Fortunes Disappear? - How Money Works | How Money Works

Why Do Family Fortunes Disappear? - How Money WorksSign up for my newsletter https://compoundeddaily.com 👈John D Rockefeller was the richest American to ever live, as well as being the founding member of the three-comma club as the worlds first billionaire.At the height of his fortune a few years before his death he was worth an estimated 1 billion dollars which may not sound like much compared to today's tech bro’s, but this was back in a time where the USA’s annual GDP was only 39.1 billion dollars.This meant that his fortune was 3% of America’s GDP. Adjusted for inflation to 2020 dollars this would give ol John D here a fortune of 450 billion dollars. Or more than Elon, Bill, and Jeff combined.But where is this fortune today?Of course John himself died almost a century ago but if there was any fortune that was going to indefinitely set up future generations surely it would be this one right?The same goes for most of these historic moguls, the fortunes of everybody from carnage, to the medici have more or less faded into total obscurity, outside of maybe a few names plastered on random buildings
 (buildings that they don’t even own mind you)
Now you might think you already know the answer, oh these fortunes get split up amongst children and then children’s children and then children’s children’s children until it was spread so thin amongst latter generations that it became almost totally irrelevant.But that’s not entirely true
 What’s more is that the real reason for the fall of these financial empires can tell us a lot about how money works as it has been passed down through generations and history.#Wealth #Finance #HowMoneyWorksFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. ------- Keywords: economics explained, investing basics, mortgage crisis, financial literacy, financial independence Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

5 de jul de 202613 min