Topic: Lack of hard asset backing for bitcoin a problem? Witness QQ coins. - page 2. (Read 6949 times)

First of all, you are comparing something equivalent to a World of Warcraft gold coin or from some other MMORPG.  Generally those games forbid as part of the terms of service that you shouldn't exchange that money for "real world currency", although there are exceptions like the QQ coin and Linden dollars.

The main thing is that with the QQ coin they are dealing with the Chinese government in China from a Chinese company who is issuing this virtual coin and how it is being used for retail trade in China.  If there is an analogy, it will be in terms of how the Chinese government might react to Bitcoins, and if you are a Chinese national it might be something worth worrying about.  Since the Chinese government is so open to new political ideas and is willing to let you express them freely (in a jail cell or with a bullet through your head), you can be assured that something so radical as cryptocurrency will be more than welcomed in that country.

The legality of Bitcoins in America or the EU is something much more ambiguous and likely to be seen as legal with a number of precedents in terms of alternate currencies that can and are being used.  There are certainly groups like the Free State Project and other "anarchists" groups that can and have embraced philosophies like Bitcoins where this is less of a problem.

Inflation of the currency is the least of the problems when dealing with something like the QQ coin.

http://mobile.associatedcontent.com/article/199253/a_virtual_currency_the_qq_coin_has.html

Not if QQ coins are any guide.   And QQ coins have a number of disadvantages.    It is not a decentralized architecture so they can be taken down.   Nothing to prevent rampant inflation should more be minted.