Panic on the streets of Ambleside, panic on the streets of Sanshillyong, I wonder to myself, could life ever be sane again?
LL’s new policy on banking has certainly caused a storm, and more than just one in a teacup it would seem.
“Please read this if you operate, or have transferred L$ to, an in-world “bank” or financial company.
As of January 22, 2008, it will be prohibited to offer interest or any direct return on an investment (whether in L$ or other currency) from any object, such as an ATM, located in Second Life, without proof of an applicable government registration statement or financial institution charter. We’re implementing this policy after reviewing Resident complaints, banking activities, and the law, and we’re doing it to protect our Residents and the integrity of our economy.” Continue reading “It’s a Wonderful Life”