To my understanding albion online pay to win(P2W) works like this
You can buy albion online gold with real money.
You can do three things with this albion gold:
1. Buy Premium for a limited time. This gives you a signficant advantage in progress, but does not make you stronger. I.e. you get more loot, more fame etc., but you do not get a damage buff or something similar.
2. You can buy cosmetic items, at least I head that, havent seen that so far.
3. You can trade it with other players.
What you CANNOT do:
Of course you can buy those things that I mentioned from other players. But there is a huge difference in trading with players and buying it from npc.
If you buy albion gold and trade it with other players, you are not devalueing the albion silver of the other players by creating more albion silver for you out of thin air. Its the opposite, you are giving it more value since you create additional demand. And additionally you also provide the other player with an advantage, you essentially give them premium for this albion online silver.
I would not consider this game p2w. While premium might be mandatoy for a serious player, you cannot stack premium. You cannot buy more premium and get even more progress. Having premium active is basically like a subscription. So its more like p2p with the option of a limited trial but with unlimited time.
Basically its like eve where you can buy and trade plex. With the difference that you are also allowed to played without subscription, but with a slowed progress. Eve is generally considered not to be p2w, and this additional option to play for free does not change this in my opinion.
The albion gold is only worth so much as the players are willing to pay for it. If you buy 9999999999999k albion online gold you will only screw yourself and those that have bought albion online gold (and maybe those who used gold to speculate), because you just crashed the ao gold market. The rest of the market will be completely unaffected. Because the albion gold in itself has absolutely no value ingame.
Albion Online will go into cruise control and suck as much money out of the cash shop before it dies
Albion Online Gold sellers will spam all over the chat advertising their websites to buy Albion Online gold, Albion Online silver, items, and accounts
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