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MMO virtual currency is used in virtual economies. A virtual economy is an economy that is not a real economy, and it is usually present in a online game, in a virtual world. Rather than being needs driven, these economies serve as a kind of recreational tool, and are for fun, rather than for the good Tibia Gold of a persons survival, as a real economy is.
An example of this would be that a person participating in a virtual economy does not need to buy food or water to survive; they can instead buy a shiny new car, and drive around for days with no money in their pocket.
There are many other games where virtual currency plays a huge part in real world economics, like in World of Warcraft.
If you search for it, you can find Websites of companies that will not only sell you in-game gold and merchandise for real money, but you can also purchase, with real life money, a character profile of any level you want (though it may cost you!).
This feat did not take mere months to achieve Years of staying up late at night, clicking and double clicking, scraping and saving, had bought him this castle. In real life, the Ultima Blacksmith was a carpenter.