--- title: "Meaning & Key Takeaway of: Virtual currencies, used to buy digital…" description: "\"Virtual currencies, used to buy digital goods inside online games, have become an integral part of the Internet landscape.\" — Ryan Holmes" image: "https://sms4smile.com/quotes/i/76a/ryan-holmes-7072_become_virtual-currencies-used-to-buy-digital-g_2855770.png" --- # Virtual currencies, used to buy digital goods inside… ![“Virtual currencies, used to buy digital goods inside online games, have become an integral part of the Internet landscape.” quote by Ryan Holmes](https://sms4smile.com/quotes/i/76a/ryan-holmes-7072_become_virtual-currencies-used-to-buy-digital-g_2855770.png) [Download](https://sms4smile.com/quotes/i/76a/ryan-holmes-7072_become_virtual-currencies-used-to-buy-digital-g_2855770.png) [Open image](https://sms4smile.com/quotes/i/76a/ryan-holmes-7072_become_virtual-currencies-used-to-buy-digital-g_2855770.png) > “Virtual currencies, used to buy digital goods inside online games, have become an integral part of the Internet landscape.” [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Virtual currencies in games have become a core part of online commerce and culture **In simple terms:** Game money is now a mainstream internet feature Key Takeaway Recognize the economic impact of virtual goods Themes technology economics gaming Mood analytical forward‑looking Type informative business When to use this quote - e‑sports - online marketplaces - virtual economies Key Concepts digital assets monetization Questions to Reflect On - How will virtual currencies affect real‑world finance? - What protections are needed for gamers? A Different Perspective Regulation and security remain challenges ★ ★ ★ ★ ★ No ratings yet [Digital](https://sms4smile.com/quotes/about/digital/) [Games](https://sms4smile.com/quotes/about/games/) [Internet](https://sms4smile.com/quotes/about/internet/) [Landscape](https://sms4smile.com/quotes/about/landscape/) [Online Games](https://sms4smile.com/quotes/about/online-games/) [Technology](https://sms4smile.com/quotes/about/technology/) ## Related quotes > [Online games for data-mining have a short virtual shelf life. People get bored, especially if the game seems stagnant.](https://sms4smile.com/quotes/peter-diamandis/online-games-for-data-mining-have-a-short-virtual-shelf-life-people/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [“Over the next generation or two, ever larger numbers of people, hundreds of millions, will become immersed in virtual worlds and online games. While…](https://sms4smile.com/quotes/jane-mcgonigal/over-the-next-generation-or-two-ever-larger-numbers-of-people/) [Jane McGonigal](https://sms4smile.com/quotes/author/jane-mcgonigal/) > [It kills me a little inside to see you online and you are not talking to me.](https://sms4smile.com/quotes/nikhil-saluja/it-kills-me-a-little-inside-to-see-you-online-and-you-are-not-talking/) [Nikhil Saluja](https://sms4smile.com/quotes/author/nikhil-saluja/) > [When youre dealing with digital goods, you dont have to be tied to one URL.](https://sms4smile.com/quotes/jason-kilar/when-youre-dealing-with-digital-goods-you-dont-have-to-be-tied-to-one/) [Jason Kilar](https://sms4smile.com/quotes/author/jason-kilar/) > [When you're dealing with digital goods, you don't have to be tied to one URL.](https://sms4smile.com/quotes/jason-kilar/when-you-re-dealing-with-digital-goods-you-don-t-have-to-be-tied-to/) [Jason Kilar](https://sms4smile.com/quotes/author/jason-kilar/) > [The IRS issued guidance for virtual currencies on March 25, 2014 that stated virtual currencies, including Bitcoin, are to be treated as property for…](https://sms4smile.com/quotes/perianne-boring/the-irs-issued-guidance-for-virtual-currencies-on-march-25-2014-that/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) > [People say it's a Ponzi scheme, it's a bubble. People really don't want to take it seriously. At some point, that narrative will shift…](https://sms4smile.com/quotes/cameron-winklevoss/people-say-it-s-a-ponzi-scheme-it-s-a-bubble-people-really-don-t-want/) [Cameron Winklevoss](https://sms4smile.com/quotes/author/cameron-winklevoss/) > [“Central banks across the globe have been hesitant to recognize bitcoin as a form of money, and Tuesday’s vanishing act isn’t helping. Mt. Gox…](https://sms4smile.com/quotes/anonymous/central-banks-across-the-globe-have-been-hesitant-to-recognize/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [ \[Virtual Currencies\] may hold long-term promise, particularly if the innovations Promote a faster, more secure and more efficient payment system. ](https://sms4smile.com/quotes/ben-bernanke/virtual-currencies-may-hold-long-term-promise-particularly-if-the/) [Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/) > [One of the ironies of a conference dedicated to all things digital and virtual is that the best ways to connect with people are…](https://sms4smile.com/quotes/ryan-holmes/one-of-the-ironies-of-a-conference-dedicated-to-all-things-digital/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) > [I mostly play my dynasty or against someone in the hotel. I don't really like online games. I can't stand people yelling in my…](https://sms4smile.com/quotes/j-r-smith/i-mostly-play-my-dynasty-or-against-someone-in-the-hotel-i-don-t/) [J. R. Smith](https://sms4smile.com/quotes/author/j-r-smith/) > [My goal for the next decade is to try to make it as easy to save the world in real life as it is…](https://sms4smile.com/quotes/anonymous/my-goal-for-the-next-decade-is-to-try-to-make-it-as-easy-to-save-the/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“Assessment of Available iphone jailbreak One of the very best promoting mobiles mobiles is without a doubt the iphone five at this time. This…](https://sms4smile.com/quotes/alex-payne/assessment-of-available-iphone-jailbreak-one-of-the-very-best/) Alex Payne > [Customers do not want online games.](https://sms4smile.com/quotes/satoru-iwata/customers-do-not-want-online-games/) [Satoru Iwata](https://sms4smile.com/quotes/author/satoru-iwata/) > [Why are online games so addictive? It's mostly the narcotic appeal of 'leveling.'](https://sms4smile.com/quotes/clive-thompson/why-are-online-games-so-addictive-it-s-mostly-the-narcotic-appeal-of/) [Clive Thompson](https://sms4smile.com/quotes/author/clive-thompson/) ## More by Ryan Holmes > [By allowing multiple partners to contribute, an open platform can nurture an entire ecosystem of developers and apps. Good products integrate and become great…](https://sms4smile.com/quotes/ryan-holmes/by-allowing-multiple-partners-to-contribute-an-open-platform-can/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) > [Everyone told me you can't build a major tech company in Canada. There just aren't enough investors or engineers or top-level managers. Each day,…](https://sms4smile.com/quotes/ryan-holmes/everyone-told-me-you-can-t-build-a-major-tech-company-in-canada-there/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) > [Amongst high unemployment rates, a competitive job market and a shrinking global economy, the emerging social media industry only continues to grow.](https://sms4smile.com/quotes/ryan-holmes/amongst-high-unemployment-rates-a-competitive-job-market-and-a/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) > [Social media is the future, with employers recognizing they need to start hiring people with the right skills.](https://sms4smile.com/quotes/ryan-holmes/social-media-is-the-future-with-employers-recognizing-they-need-to/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) > [As technology has improved, our digital lives have only grown more tangled and cluttered.](https://sms4smile.com/quotes/ryan-holmes/as-technology-has-improved-our-digital-lives-have-only-grown-more/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) > [Without grounding, it's easy to embrace the 'baller' lifestyle: dropping out of tech, throwing money at cars, boats and real estate, and slipping into…](https://sms4smile.com/quotes/ryan-holmes/without-grounding-it-s-easy-to-embrace-the-baller-lifestyle-dropping/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) > [As social is where consumers' eyeballs are, businesses must take ownership of their online company profiles. By providing their customers with a place to…](https://sms4smile.com/quotes/ryan-holmes/as-social-is-where-consumers-eyeballs-are-businesses-must-take/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) > [While social media skills were once a 'nice-to-have,' accreditation in the space is becoming a requirement for many of these job titles. Hiring managers…](https://sms4smile.com/quotes/ryan-holmes/while-social-media-skills-were-once-a-nice-to-have-accreditation-in/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) > [I'm motivated by solving new and challenging problems, especially ones that people say can't or shouldn't be tackled.](https://sms4smile.com/quotes/ryan-holmes/i-m-motivated-by-solving-new-and-challenging-problems-especially-ones/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) > [I don't know how many times I've turned to Twitter and Facebook to commiserate and celebrate, bounce ideas off of friends, colleagues and other…](https://sms4smile.com/quotes/ryan-holmes/i-don-t-know-how-many-times-i-ve-turned-to-twitter-and-facebook-to/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) > [During the early days of HootSuite, when social media was still seen as a fad, I made the decision to treat our funding as…](https://sms4smile.com/quotes/ryan-holmes/during-the-early-days-of-hootsuite-when-social-media-was-still-seen/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) > [Companies and managers that find a way to harness social media stand to gain.](https://sms4smile.com/quotes/ryan-holmes/companies-and-managers-that-find-a-way-to-harness-social-media-stand/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) > [Silicon Valley isn't the only game in town. Tech is increasingly decentralized. Around the world, new tech centers with younger companies are able to…](https://sms4smile.com/quotes/ryan-holmes/silicon-valley-isn-t-the-only-game-in-town-tech-is-increasingly/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) > [Workflow and usability are not afterthoughts; they impact the core of any project and dictate how it should be engineered.](https://sms4smile.com/quotes/ryan-holmes/workflow-and-usability-are-not-afterthoughts-they-impact-the-core-of/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) > [I often talk about the PayPal mafia out of San Francisco, people that were in PayPal and got out of PayPal and continue to…](https://sms4smile.com/quotes/ryan-holmes/i-often-talk-about-the-paypal-mafia-out-of-san-francisco-people-that/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) [Explore all 95 Ryan Holmes quotes ](https://sms4smile.com/quotes/author/ryan-holmes/) ## More Become quotes > [When you step out and do a song in a musical, the easier thing to do is make it funny. But when those transitions…](https://sms4smile.com/quotes/kelli-o-hara/when-you-step-out-and-do-a-song-in-a-musical-the-easier-thing-to-do/) [Kelli O'Hara](https://sms4smile.com/quotes/author/kelli-o-hara/) > [I don't own designer clothes, or a sports car, or a huge house, but I am seeing the world, experiencing amazing things, and I…](https://sms4smile.com/quotes/roz-savage/i-don-t-own-designer-clothes-or-a-sports-car-or-a-huge-house-but-i-am/) [Roz Savage](https://sms4smile.com/quotes/author/roz-savage/) > [A strong, responsible Israel can become a stabilizer in such a turbulent region.](https://sms4smile.com/quotes/ehud-barak/a-strong-responsible-israel-can-become-a-stabilizer-in-such-a/) [Ehud Barak](https://sms4smile.com/quotes/author/ehud-barak/) > [If someone has the opportunity to become a model, I would say, 'Do it.'](https://sms4smile.com/quotes/cameron-russell/if-someone-has-the-opportunity-to-become-a-model-i-would-say-do-it/) [Cameron Russell](https://sms4smile.com/quotes/author/cameron-russell/) > [I had a talent for copying the signatures of dignitaries like Indira Gandhi, Amitabh Bachchan and so on. So, I wanted to become someone…](https://sms4smile.com/quotes/sanjay-mishra/i-had-a-talent-for-copying-the-signatures-of-dignitaries-like-indira/) [Sanjay Mishra](https://sms4smile.com/quotes/author/sanjay-mishra/) > [In the Tea Party era, it is the restless conservative Republican who has become passion's plaything, the toy of impetuous romance, an erotomania only…](https://sms4smile.com/quotes/james-wolcott/in-the-tea-party-era-it-is-the-restless-conservative-republican-who/) [James Wolcott](https://sms4smile.com/quotes/author/james-wolcott/) > [You can never tell when a commercial space venture will suddenly become viable.](https://sms4smile.com/quotes/buzz-aldrin/you-can-never-tell-when-a-commercial-space-venture-will-suddenly/) [Buzz Aldrin](https://sms4smile.com/quotes/author/buzz-aldrin/) > [Food as a hobby used to be an elite pastime, and it has become something that is totally ordinary for people of every background.…](https://sms4smile.com/quotes/dana-goodyear/food-as-a-hobby-used-to-be-an-elite-pastime-and-it-has-become/) [Dana Goodyear](https://sms4smile.com/quotes/author/dana-goodyear/) > ['Inequality' has become the political theme/slogan of our time in both Europe and the U.S., yet political leaders do not even bother to consider…](https://sms4smile.com/quotes/paul-singer/inequality-has-become-the-political-theme-slogan-of-our-time-in-both/) [Paul Singer](https://sms4smile.com/quotes/author/paul-singer/) > [My first bill to become law repeals regulations to make everyday life easier and more affordable for Americans.](https://sms4smile.com/quotes/jon-husted/my-first-bill-to-become-law-repeals-regulations-to-make-everyday-life/) [Jon Husted](https://sms4smile.com/quotes/author/jon-husted/) > [At one point when I was very young, when I was first starting out, I thought, 'Well, one day I'll be able to put…](https://sms4smile.com/quotes/bo-burnham/at-one-point-when-i-was-very-young-when-i-was-first-starting-out-i/) [Bo Burnham](https://sms4smile.com/quotes/author/bo-burnham/) > [For many of us, work is the one place where we feel appreciated. The things that we long to experience at home - pride…](https://sms4smile.com/quotes/arlie-russell-hochschild/for-many-of-us-work-is-the-one-place-where-we-feel-appreciated-the/) [Arlie Russell Hochschild](https://sms4smile.com/quotes/author/arlie-russell-hochschild/) > [With every interview you feel like you lose a piece of yourself, and with every bad review you become just that little bit more…](https://sms4smile.com/quotes/jane-march/with-every-interview-you-feel-like-you-lose-a-piece-of-yourself-and/) [Jane March](https://sms4smile.com/quotes/author/jane-march/) > [Canada has become such a staging area for Chinese money.](https://sms4smile.com/quotes/kevin-kwan/canada-has-become-such-a-staging-area-for-chinese-money/) [Kevin Kwan](https://sms4smile.com/quotes/author/kevin-kwan/) > [Sometimes when you're in different countries, everything has become so homogenised and there's a Starbucks and McDonald's everywhere, and you could feel like you're…](https://sms4smile.com/quotes/will-yun-lee/sometimes-when-you-re-in-different-countries-everything-has-become-so/) [Will Yun Lee](https://sms4smile.com/quotes/author/will-yun-lee/) Browse all 4,184 Become quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Virtual currencies, used to buy digital goods inside online games, have become an integral part of the Internet landscape.", "creator": { "@type": "Person", "name": "Ryan Holmes" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/ryan-holmes/virtual-currencies-used-to-buy-digital-goods-inside-online-games-have/", "about": { "@type": "Thing", "name": "Become" }, "@id": "https://sms4smile.com/quotes/ryan-holmes/virtual-currencies-used-to-buy-digital-goods-inside-online-games-have/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/76a/ryan-holmes-7072_become_virtual-currencies-used-to-buy-digital-g_2855770.png", "contentUrl": "https://sms4smile.com/quotes/i/76a/ryan-holmes-7072_become_virtual-currencies-used-to-buy-digital-g_2855770.png", "url": "https://sms4smile.com/quotes/i/76a/ryan-holmes-7072_become_virtual-currencies-used-to-buy-digital-g_2855770.png", "width": 1080, "height": 1080, "caption": "“Virtual currencies, used to buy digital goods inside online games, have become an integral part of the…” — Ryan Holmes", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Ryan Holmes", "item": "https://sms4smile.com/quotes/author/ryan-holmes/" }, { "@type": "ListItem", "position": 4, "name": "Virtual currencies, used to buy digital...", "item": "https://sms4smile.com/quotes/ryan-holmes/virtual-currencies-used-to-buy-digital-goods-inside-online-games-have/" } ], "@id": "https://sms4smile.com/quotes/ryan-holmes/virtual-currencies-used-to-buy-digital-goods-inside-online-games-have/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```