Second, the virtual economy is highly speculative. The more emerging, immature and imperfect, the worse the market supervision ability, the worse the measures and efforts to prevent and deal with highly speculative behavior, the stronger the speculative nature of the virtual economy, and the easier it is for speculative hot money to patronize such markets, thus achieving the goal of making huge profits through short-term speculation. The real economy is not. The real economy is destined to have a production or service cycle. You must complete this cycle in order to make a profit. It is difficult to make huge profits through short-term speculation. The so-called virtual, that is, the exchange of virtual economy is virtual in form, not in kind, and it only takes value symbols as trading objects, not in kind. Virtual economy only trades value symbols, not tangible goods.
Virtual economy is relative to the real economy and is the inevitable product of economic virtualization. The essence of economy is a set of value system, including material price system and asset price system. Different from the material price system supported by cost and technology, the asset price system is a specific price system based on capitalization pricing, that is, virtual economy. Because of capitalization pricing, people's psychological factors will have an important impact on virtual economy; In other words, the virtual economy has inherent volatility in its operation. Broadly speaking, virtual economy includes sports economy, gambling industry, collection industry and so on. In addition, there are financial industry and real estate industry. The excessive development of virtual economy will bring bubble economy.
The real economy refers to the total value of goods produced by a country. It is the economy that people create on the earth by using tools through their thoughts. Including the production and circulation of material and spiritual products and services. Including agriculture, industry, communications, commercial services, construction, cultural industries and other material production and service sectors. It also includes the production and service departments of spiritual products such as education, culture, knowledge, information, art and sports. The real economy has always been the foundation for the survival and development of human society.