« Anita Sarkeesian's Tropes vs Women in Video Games Is Back With More On That Oh-So-Irritating Damsel Trope | Main | A Facelift for a Virtual World: Damien Fate Explains Everything You Need to Know About SL Materials »

Wednesday, May 29, 2013


Feed You can follow this conversation by subscribing to the comment feed for this post.


"registration is going to be pretty complicated, time-consuming, and require lots of legal help"

Go figure. I'm not poking NWN's cyber-libertarians with a stick here, but this was bound to come to the online paradises. The Feds and their international counterparts will continue regulating these spaces every more tightly.

Don't think they can't. The Wild West era online is ending, and the telecos will be sure to be in compliance and help with the policing.

Wolf Baginski

There's a set-up cost to all this, sure, but all that I have heard on the regulations suggests that quite small businesses have to be registered, and they seem able to cope. Linden Labs are handling over $4 million per month just from tier. They haven't talked about the virtual economy for a long time, but the Land Barons take in L$, convert them to USD, and pay tier. The LindeX is going to have to be at that order of magnitude.

It's not trivial. I can see there being a wider margin between buy and sell on the LindeX. But the impression I get isn't one of a company which cannot afford compliance. The events of the last month suggest a company which hasn't been paying attention to what its own customers have been doing. And that is consistent with what you hear from Merchants in the forums.

Go look at the Marketplace, and you still see items with the wrong pictures. That's been a long-term problem and it suggests they have been running with database corruption for a long time.

As far as business within Second Life goes, they don't look quite competent. The way the TOS is written, they have done more hand-washing than Pontius Pilate ever did. And I cannot entirely escape a sense of guilty pleasure as the US Government appears to be telling them that they're going to have to follow the rules after all.

Ciaran Laval

I'd be surprised if European based business is required to register with FinCEN, whether that will mean Linden Lab remove their right to sell Linden Dollars is a different matter.

Archangel Mortenwold

This is just another way for the big banks to control things even more tightly. The exchanges represented a potential threat to the already obscene profits of Wall Street, so the order got handed down and the U.S. government complied. So now we have less freedom.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)

Making a Metaverse That Matters Wagner James Au ad
Please buy my book!
Thumb Wagner James Au Metaverse book
Wagner James "Hamlet" Au
Bad-Unicorn SL builds holdables HUD
AWE USA discount code
Dutchie Evergreen Slideshow 2024
Juicybomb_EEP ad
My book on Goodreads!
Wagner James Au AAE Speakers Metaverse
Request me as a speaker!
Making of Second Life 20th anniversary Wagner James Au Thumb
my site ... ... ...
PC for SL
Recommended PC for SL
Macbook Second Life
Recommended Mac for SL

Classic New World Notes stories:

Woman With Parkinson's Reports Significant Physical Recovery After Using Second Life - Academics Researching (2013)

We're Not Ready For An Era Where People Prefer Virtual Experiences To Real Ones -- But That Era Seems To Be Here (2012)

Sander's Villa: The Man Who Gave His Father A Second Life (2011)

What Rebecca Learned By Being A Second Life Man (2010)

Charles Bristol's Metaverse Blues: 87 Year Old Bluesman Becomes Avatar-Based Musician In Second Life (2009)

Linden Limit Libertarianism: Metaverse community management illustrates the problems with laissez faire governance (2008)

The Husband That Eshi Made: Metaverse artist, grieving for her dead husband, recreates him as an avatar (2008)

Labor Union Protesters Converge On IBM's Metaverse Campus: Leaders Claim Success, 1850 Total Attendees (Including Giant Banana & Talking Triangle) (2007)

All About My Avatar: The story behind amazing strange avatars (2007)

Fighting the Front: When fascists open an HQ in Second Life, chaos and exploding pigs ensue (2007)

Copying a Controversy: Copyright concerns come to the Metaverse via... the CopyBot! (2006)

The Penguin & the Zookeeper: Just another unlikely friendship formed in The Metaverse (2006)

"—And He Rezzed a Crooked House—": Mathematician makes a tesseract in the Metaverse — watch the videos! (2006)

Guarding Darfur: Virtual super heroes rally to protect a real world activist site (2006)

The Skin You're In: How virtual world avatar options expose real world racism (2006)

Making Love: When virtual sex gets real (2005)

Watching the Detectives: How to honeytrap a cheater in the Metaverse (2005)

The Freeform Identity of Eboni Khan: First-hand account of the Black user experience in virtual worlds (2005)

Man on Man and Woman on Woman: Just another gender-bending avatar love story, with a twist (2005)

The Nine Souls of Wilde Cunningham: A collective of severely disabled people share the same avatar (2004)

Falling for Eddie: Two shy artists divided by an ocean literally create a new life for each other (2004)

War of the Jessie Wall: Battle over virtual borders -- and real war in Iraq (2003)

Home for the Homeless: Creating a virtual mansion despite the most challenging circumstances (2003)

Newstex_Author_Badge-Color 240px
JuicyBomb_NWN5 SL blog
Ava Delaney SL Blog