Essentially glorified theft, which 'yikes.' Now, I'm gonna be honest: according to my calculations one person doing this would not negatively impact the economy one way or the other by all that much. Although, I'm sure you would definitely raise some eyebrows over at the IRS. But if the chaotic windfall of bitcoins has taught us anything Where there's easy money to be made short-sighted people will come rushing from all corners of the globe There's a 100% chance if this money-making scheme were discovered, it would not remain a secret and in order to figure out the economic impact of this move, we're gonna have to figure out how many people are using it across the entire world of Pokemon. Now it's hard to tell exactly how many people would catch wise But we can build an approximation from the very video that outlines this method as of this moment the money making guide by Verlisify has 19 hundred likes on it, which is probably the closest estimate we'll get for folk who are playing Ultra Sun and Moon that are using this method.
Now hold onto your butts because we're gonna use this one number: One thousand, nine hundred... and use it to blow your electrode. So considering that at least 1900 people are presumably using this method to get rich in ultra Sun and Moon, we need to figure out a few things; the population of the various Pokemon regions their gross domestic product or GDP, which is economic shorthand for how much money this country is worth. Although that's a bit reductive and it's incredibly difficult to know for certain how much money is in the world. This is the closest thing to a real number we can use to estimate how big the giant pool of Pokedollars is. The Pokemon canon is comprised of seven major regions- Kanto, Johto Hoenn, Sinnoh, Unova, Kalos, and Alola. All of which are based off of real world locations almost to the exact layout Kanto is the Kanto region of Japan, Johto is the Kansai region, Hoenn is the Kyushu and Sinnoh is the Hokkaido region while Unova is New York and New Jersey and Kalos is France and Alola, of course, is Iceland Oncasinogames. I mean - Hawaii. Using the maps we have available, I overlaid them with the various regions our real world they're based on the get estimates of their area, which we can use in conjunction with population densities to get an estimated population Unova was the most difficult since the Hudson hack and saw and the East aren't perfectly aligned with a Unova while Alola was the easiest since I could just copy and paste everything. Given the approximate population densities of each region the Pokemon ones are based on and their square miles and kilometers I determined that Kanto has a population of seven hundred and thirty eight thousand, Johto eight hundred ninety four thousand Hoenn nine hundred and eighty seven thousand Sinnoh 1.3 million, Innova 8.7 million Kalos five hundred forty-seven thousand and Aloha eight hundred ninety seven thousand or a total population of fourteen point one seven million in all the mainstay Pokemon games. Since nineteen hundred people is exactly 0.21% of the population of Alola -and I'm presuming for the sake of simplicity that this percentage of users remains consistent across region- means that in total, there's approximately twenty nine thousand nine hundred ninety, three people using the payday and happy hour amulet Pokemon genocide method of money-making. But we're still not done yet because while this is incredibly helpful in figuring out how much money is being created, it doesn't give us a sense for what the economic impact would be. For that we need to multiply that GDP per capita out of the gross domestic product per person for each person in each region According to the GDP of the respective countries with the United States having the highest GDP PC of fifty seven thousand fifteen dollars and sixty six cents followed by Japan with thirty eight thousand eight hundred eighty nine dollars and seventy six cents and finally France at thirty six thousand eight hundred forty six dollars and four cents, which when multiplied appropriately, gives us a total Pokemon GDP of one point eight trillion poka dollars or seven hundred twenty four billion real-world dollars. Okay, got all that? [confusing bit over] Need a glass of water? I sure as hell do. All right Our giant pool of money for the sake of this video is seven hundred and twenty four billion dollars, but we've got almost thirty thousand people or 0.21% of the population working eight hours a day five days a week to make the most money they possibly can. Which interestingly it's estimated that approximately 0.33 percent of the population is chasing bitcoins. So this number holds up. So let me kick you a scenario. You're the first person to discover this Pokédollar printing press method. You start making your thousands every day, and one day someone is like "Hey, you seem so rich all of a sudden?" and you know, she's your best friend, so you decide what's the harm and telling one person? So you give her the details and keep on going with your business effectively printing your own money and all the while the online forums dedicated to Pokédollar mining are starting to stir. Creepy, scammy companies are starting to form Suddenly, one year later Everyone's joining the Hodl gang. Your secret is out, and now thirty thousand people are murdering psyducks on the daily to increase their Pokemon bank account size so they can creep ever Closer to that elusive Poké-lambo. Presuming that this method prints money instead of say stealing it from old ladies a la teleportation, what does this mean? Inflation. With this many people printing this much money, you've grown from infusing the market with a mere two million four hundred and thirty five thousand two hundred and seventy one dollars and ninety cents a year to a terrifyingly high, seventy five billion nine hundred and sixty four million one hundred and eighty five thousand and eight dollars and 20 cents per year creating -get this- an annual inflation rate of ten point four eight percent. Which is not great A little inflation is a good thing. the United States Federal Reserve tries to keep it hovering at about three percent each year because It encourages spending and growth. Ten point four eight percent though would have a pretty negative impact on the economy. People would want to save money or even borrow money because a hundred dollars that they have in January would be worth eighty nine dollars and fifty cents in December. We know for a fact that inflation like this is bad because it's the rate that our country hovered at during several bad economic crises in the past fifty years. While it likely wouldn't kill people unemployment rates would rise and the government would start investigating why inflation had creeped so high without their input. "What markets are unmonitored and unregulated," they'd be asking. (That's a scam!) And boom suddenly you and your firm of 30,000 people are before a congressional ethics board, sanctions are being imposed and blam! Payday grinding is outlawed. Not the greatest outcome, but it's also by far not the worst. The worst thing that happens here is you, yourself, become the Bernie Madoff or Martin Shkreli of the Pokemon world. They'd write about you in textbooks for business 101 courses about the dangers of arbitrage chasing. It's not great but at least you're still alive and maybe you get a killer book deal out of it. The same, however, cannot be said if payday, instead of acting as a printing press, straight-up steals money from somewhere. And honestly knowing the way the Pokémon world works, this seems far more likely I mean, how is a cat or whatever the hell Smeargle is, a Bob Rossian dog? anyway How are they capable of straight-up making money out of nowhere? The logistics alone of keeping that much metal stored in their bodies for spontaneous Synthesis is troubling. Whereas pokeballs and other Pokemon like Abra, Kadabra and Alakazam have proven that teleportation and casual quantum entanglement abuse is a regular thing in this universe. It makes much more sense that those Pokémon are teleporting money out of local cash registers, safes, banks, and mattresses into their hands to throw at their enemies and holy crap, if this is the case the whole freaking world is screwed Sure at first everything's hunky-dory, but after a few weeks of 30 thousand people effectively stealing money from others the world economy would start to collapse. I mean just for a reference, the top 0.21% of the wealthy in America control a little over 11% of the wealth in the country and Conservatively, it took them like, at least some years to get that wealth- probably decades. It would take the .21% of Pokemon trainers using these moves 282 days. Just 10 months to be at the same level and it would just go up from there. I mean, whatever your political leanings, look out your window, look on Twitter things are you know? Not great right now people are angry some people want to protect their wealth other people want to redistribute the wealth and we're just here you're right here where the top .21% controls 11.37% of the wealth! Can you imagine what it would be like if the .21% controlled, I don't know a quarter of the wealth? Well less than two years into our scenario, that's where we are the Pokémon universe. Half the wealth? Less than three and a half years. By the end of a five year period if this pattern continued to the top .21% of the wealthy in the Pokémon world, would control almost 3/4s of all the money in existence. There would be an unstoppable uprising, probably long before this point. Political inclination would hardly matter because everyone's on the same page when you're starving. Left wing, right wing, they'd all unite under the banner of cutting your freaking head off so they can afford to eat Redistribution of wealth wouldn't even be a political policy issue, it'd be the meaning between life and death for 99.79% of the world population. And once thirty thousand heads rolled, there'd undoubtedly be bloody civil wars as masses of hungry desperate people with different life experiences and ideologies fought over how to distribute this money back to the people. It would be a war with death unlike we've ever seen. It would be devastating, span entire continents and cost the lives of millions of innocents, all because you didn't want to work for an honest living so, sure. Maybe Pokemon training isn't the best living, but it's a hell of a lot better than spending your life in prison or millions of people cheering as your head is chopped off. Be safe. Be responsible. Do not use payday. And, apparently don't be a Pokémon trainer either, just like.. Be one of those dudes who owns a shop selling Pokéballs to ten-year-olds. It's so much safer Sincerely, Austin.
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