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 Second Life bank panic triggered by gambling ban
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HalfMooner
Dingaling

Philippines
15831 Posts

Posted - 08/11/2007 :  04:07:32  Show Profile Send HalfMooner a Private Message  Reply with Quote
Some people have lost real money in the virtual world of Second Life.

Here's how Australia's "The Age" tells the tale:
The biggest bank in the virtual world of Second Life has closed its doors after a run on its deposits, putting at risk hundred of thousands of real dollars of savings and investments.


On Thursday, Ginko Financial - which is owned by Brazilian from Sao Paulo whose real name is Andre Sanchez - stopped accepting deposits, froze all withdrawals and converted account holders' balances into "tradeable debt securities" called Ginko Perpetual Bonds.
Damn! I had all my Lindens saved there, so now I can't afford to have my virtual ashes hauled by ladies of dubious virtue in a house of virtual ill repute!


Biology is just physics that has begun to smell bad.” —HalfMooner
Here's a link to Moonscape News, and one to its Archive.

Dr. Mabuse
Septic Fiend

Sweden
9665 Posts

Posted - 08/11/2007 :  15:44:41   [Permalink]  Show Profile  Send Dr. Mabuse an ICQ Message Send Dr. Mabuse a Private Message  Reply with Quote
Wasn't that the guy who was robbed a while back? But got away?

Dr. Mabuse - "When the going gets tough, the tough get Duct-tape..."
Dr. Mabuse whisper.mp3

"Equivocation is not just a job, for a creationist it's a way of life..." Dr. Mabuse

Support American Troops in Iraq:
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pleco
SFN Addict

USA
2996 Posts

Posted - 08/11/2007 :  16:11:01   [Permalink]  Show Profile  Visit pleco's Homepage Send pleco a Private Message  Reply with Quote
I wish I could understand this whole "Second Life" thing - I cannot find anything appealing about it (and yes I did download it and install some months ago.)

by Filthy
The neo-con methane machine will soon be running at full fart.
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HalfMooner
Dingaling

Philippines
15831 Posts

Posted - 08/11/2007 :  16:51:07   [Permalink]  Show Profile Send HalfMooner a Private Message  Reply with Quote
Originally posted by pleco

I wish I could understand this whole "Second Life" thing - I cannot find anything appealing about it (and yes I did download it and install some months ago.)
I, too, tried. Second Life is far more "hip" than it is fun, IMO. And hip fades fast.


Biology is just physics that has begun to smell bad.” —HalfMooner
Here's a link to Moonscape News, and one to its Archive.
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@tomic
Administrator

USA
4607 Posts

Posted - 08/11/2007 :  17:59:57   [Permalink]  Show Profile  Visit @tomic's Homepage Send @tomic a Private Message  Reply with Quote
Wired has a decent, if short, story on it this month.

@

Gravity, not just a good idea...it's the law!

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Dr. Mabuse
Septic Fiend

Sweden
9665 Posts

Posted - 08/12/2007 :  03:23:46   [Permalink]  Show Profile  Send Dr. Mabuse an ICQ Message Send Dr. Mabuse a Private Message  Reply with Quote
Originally posted by Dr. Mabuse

Wasn't that the guy who was robbed a while back? But got away?


Link to article
The article doesn't mention neither the name of the man, nor specifically Second Life.
But a hundred thousand dollar seems like a good reason to rob someone, and if I had an account worth that much, I wouldn't tell the press about it.

Dr. Mabuse - "When the going gets tough, the tough get Duct-tape..."
Dr. Mabuse whisper.mp3

"Equivocation is not just a job, for a creationist it's a way of life..." Dr. Mabuse

Support American Troops in Iraq:
Send them unarmed civilians for target practice..
Collateralmurder.
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HalfMooner
Dingaling

Philippines
15831 Posts

Posted - 08/12/2007 :  06:05:33   [Permalink]  Show Profile Send HalfMooner a Private Message  Reply with Quote
Originally posted by Dr. Mabuse

Originally posted by Dr. Mabuse

Wasn't that the guy who was robbed a while back? But got away?


Link to article
The article doesn't mention neither the name of the man, nor specifically Second Life.
But a hundred thousand dollar seems like a good reason to rob someone, and if I had an account worth that much, I wouldn't tell the press about it.

That guy played GunBound.


Biology is just physics that has begun to smell bad.” —HalfMooner
Here's a link to Moonscape News, and one to its Archive.
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Dr. Mabuse
Septic Fiend

Sweden
9665 Posts

Posted - 08/12/2007 :  15:43:44   [Permalink]  Show Profile  Send Dr. Mabuse an ICQ Message Send Dr. Mabuse a Private Message  Reply with Quote
Yes, but it could be the same guy.


Dr. Mabuse - "When the going gets tough, the tough get Duct-tape..."
Dr. Mabuse whisper.mp3

"Equivocation is not just a job, for a creationist it's a way of life..." Dr. Mabuse

Support American Troops in Iraq:
Send them unarmed civilians for target practice..
Collateralmurder.
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