In many games, such as Lord Of Ultima, players can purchase a special type of currency with real money, as opposed to earning it in a game. This currency is then used to purchase premium items and services, which normally are unavailable to the players otherwise.

I am wondering whether it is feasible to use Bitcoins as a form of currency in a game? Are there any games out there that have already implemented that?

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There's one thing that you must consider.

If you were using your own Mycoin instead of Bitcoin, you could grant users coins in game (in a limited amout), so that "premium" features could be earned simply by playing a lot (which some games do). Now, you wouldn't give people bitcoins that costed you money just for playing your game (for free), would you?

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...that is brilliant idea, have to think about that +1. – hhh Feb 19 at 8:28
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Oh, and do note that some sites do give you stuff for free if you use them a lot and therefore improve the community. For example, deviantART. The points you can earn there, either from other users or for simple things (such as 1-3 points for giving someone a "llama") can be used to purchase real objects, some of which are massively cool. (some are even quite cheap, and you could earn all the points in contests or "art comissions"). – Camilo Martin Feb 19 at 8:46
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This is wrong: (1) if he uses Mycoin instead of Bitcoin, then it's pointless because it's no better than just using a standard in-game gold; (2) even if he uses Bitcoin he can grant some for free to some users, he just have to pay it personally. – Lohoris Feb 19 at 10:10
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@Lohoris It's not wrong: "Mycoin" is in fact one form of "in-game gold". If you're going to develop a game, there are far more complicated things than the particular implementation of money in the game (it doesn't even have to be like Bitcoin! It's not a replacement for Bitcoin, it's just game money, and since it's issued by the game developer, he gets to keep control of it). – Camilo Martin Feb 19 at 12:16
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What are you talking about? What's the point of using a custom bitcoin-like currency when you can simply use an integer field in your database? – Lohoris Feb 19 at 13:27
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There is a game that uses Bitcoin as its currency called Dragon's Tale, not to mention numerous online casinos. In general, using Bitcoins in games is quite feasible, just requires a willing developer.

In many cases it can even be preferable, as one could imagine making a simple micropayment in an instant provided they need to purchase something in a game, rather than transfer the money in bulk and later not using all of it without the chance of getting the rest back.

Moreover, similar to upcoming Diablo 3 Auction House Marketplace, or already existing market in Second Life, one can imagine the players earning Bitcoins in such games from other people and later withdrawing their earnings with an ease.

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hey, I play Dragons Tale, won 26 btcs in little time, but lost all there... lol. Nice game. Developer very acessible, called Di, always online on game. – H_7 Mar 26 at 23:16
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