July 25, 2007

Second Life Bans L$ payouts for Random Number Generators

Recently, a SL-supporter asked me what the biggest business risk SecondLife/Linden Lab faces. I said “A major government determining that the L$ is a currency, in conflict with banking laws and/or fully taxable at conversion.”

It looks like they got one of those scary government letters indicating that L$ are a little too close to good-old American greenbacks, as Linden Lab has just banned gambling machines in Second Life.

We all saw it coming – admit it. What’s next? Hmm?

What do you think will happen if the Linden Exchange is closed for good?


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