In a move, sure to cause virtual headaches for avatars and their masters the world over, Second Life proprietors, Linden Labs, have shut down the entire virtual economy by closing their banking system.Linden Labs has face harsh criticism of SL in the past. Second Life, amongst other things, has been called a “den of gambling and corruption.” These adjectives are derived from the fact that in this virtual world, players were spending, gambling, and losing real money in the form of completely transferable “Linden Dollars.” In a move, with the apparent ambition of stopping the abuse of the SL banking system, possibly to avoid lawsuits over money-laundering (in my opinion), Linden Labs has suspended its current banking system effective immediately. With exchange rates of the fantasy currency falling to almost 300 to 1 (US dollars) the closure of the SL vaults might end up saving a lot of pale suckers a ton of cash, though they’ll probably find some other way to part ways with their parents’ hard-earned funds, soon enough.
It’s not clear at this time how soon the pedophiles, gambling addicts, and occasionally upstanding citizens of this fantasy world will receive remediation for their virtual investments, but what is clear is that with billions of Linden Dollars on the line, millions of gamers will be watching this story very closely over the next few days.
While Second Life has enjoyed more than its fair share of headlines, attention, and ridicule over the past year, I can’t help but hope that this is the beginning of a quick death for what I feel is a useless waste of money and time.
To each his own, or whatever. Die SL. There’s a new time-suck coming. It’s called PSHome.
Source: NPR
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Is this honestly true Ive not seen this anywhere elese?
See NPR link under source.
Story just broke.
Oh ok thanks!
For a start I was thinking it was Friday today
Even worse than what happened to Runescape…
I tried secound life and found Building crap and participating in the “den of gambling and corruption” Some what enjoyable.
I made a gun that shot waffles.
So…. if i can’t build guns that shoot food anymore I am going to be pissed.
ROFL. Actually that sounds like more fun than CoD 4.
I want a waffle cannon!
I used Second Life never got into it that much. Was good fun actually but none of my freinds used it and it just became boring.
The amount of people who ask if I want to pay and have virtual sex? Does it look like I want to buy a tenners worth of Lindens to have virtual sex with a virtual 10 inch? I could pay a prostitue a tenner for sex with my real 10 inch
cool second life sucks. im looking forward to home though because its basically gamers only
Oh my god I just thought.. What is going to happen to my secound life “masterpiece” The Nazi waffle?!!!?!?!?? oh god no!
(http://img518.imageshack.us/img518/9318/snapshot236kz8.jpg)
He was so young a hero leader in the Waffle wars. Waffle Hitler made him his right hand man.
im so deppressed now.
The users will circumvent this by going to a total cash system. Anyone with an online merchant account can accept payments electronically. Many of the landowners already accept payments from their renters by this route or via LL’s own system which has just been shut down. For the folks who were using LL’s own currency, they’ll now have to figure out a way to accept a direct payment from the buyer. The exchange sites already offer this service by allowing customers to pay with cash or credit card.
ive never liked sl (because no one playes it) and all i can say is F*%#& YOU SL GAMERS!!!!!! that is all
Patriotic nigras ftw!
seriously….I saw this coming from the first day that they had the economy in place….
Im still yet to see this on any other site except from SG and NPR. I thought it would be all over the web by now?
Man I’ve heard some pretty strange things about that game0_o…
[...] Source [Sarcastic Gamer] [...]