110°

Economic woes extend to Second Life

Meanwhile, the Wall Street Journal is covering a Second Life banking scandal that could rival the sub-prime mortgage crisis for SL citizens. It seems some questionable banking schemes has led Linden Labs to shut down over a dozen virtual banks, causing a run on funds over the past few weeks. Makes us glad we kept our Linden Dollars under the virtual mattress.

Read Full Story >>

joystiq.com

Alternative Sources:

Second Life's economy slows... - marketplace.publicradio.org | By: Cyrus365

Shutdown of virtual banks i... - qj.net | By: Cyrus365

Cheer Up, Ben: Your Economy... - online.wsj.com | By: Cyrus365

Four20 - contributor
Published: 695 days 3 hours ago | News | PC

Save | Email | Info | Report | Add Alt Source

Comment Settings

Showing: 0 - 0 of 0 Comments

Add Comment (Gamer Zone)

Gamer Zone Posting Guidelines
The Gamer Zone is for members who want a more friendly and civilized discussion. This section is heavily moderated by the N4G staff, so leave your fanboyism at the door please. Members who are unable to behave in a mature and respectful manner will be temporarily or permanently restricted from posting in the Gamer Zone. Using words such as Xbots and Sony droids, or other words from the console war vocabulary, is strictly prohibited in this Zone.
Read More...

You must log in to post comments.

Username:

Password:

Remember

Comment Settings

Showing: 1 - 4 of 4 Comments

ben806 - 694 days 20 hours ago

Track

Ignore

1 -

putting real money in a pretend bank, it was never going to be a good idea was it?

Agree(0) | Disagree(0) |

Report | Reply

VigorousApathy - 694 days 15 hours ago

Track

Ignore

1.1 -

Who said it was real money?

Agree(0) | Disagree(0) |

Report

ben806 - 694 days 14 hours ago

Track

Ignore

2 -

because secondlife only uses its in world currency that has to be purchased for American dollars. hence its all real money you play with

Agree(0) | Disagree(0) |

Report | Reply

VigorousApathy - 693 days 15 hours ago

Track

Ignore

2.1 -

I guess that makes it more realistic. What happens to the real money though? Does the company keep it? I assume you can get it out again once its in your Second Life.

Agree(0) | Disagree(0) |

Report

Showing: 1 - 4 of 4 Comments

Add Comment (Open Zone)

Open Zone Posting Guidelines
The Open Zone is a lightly moderated comment section which is open to all members. With enthusiastic fans eager to defend their favorite platform this place can get pretty hot.
Read More...

You must log in to post comments.

Username:

Password:

Remember

Join N4G

About N4G

N4G is a social game news site that covers the game industry 24 hours a day, 7 days a week.
More Info... | Submit News

- Site Menu
  
  Game Index
  Help & Info
  
  RSS Feed
  Feedback
  
  Full Menu...
  Webmaster Tools

70° Blue Mars Limited-Term Pioneer Pricing Plans 2d 3h ago \| PC \| Com(1)	90° Undead Second Life Instant Messages Not Instant 11d 10h ago \| PC \| Com(1)
80° Second Life's Caledon Expands to Blue Mars 3d 7h ago \| PC \| Com(3)	10° Is Linden Lab Wasting Its Time on the Existing Second Life Population? 13d 13h ago \| PC \| Com(0)
40° Linden Homes Are Open for Viewing on Nascera 4d 7h ago \| PC \| Com(0)	80° Imprudence 1.2 Viewer for Second Life 23d 3h ago \| PC \| Com(1)
10° Property, Second Life, Backups and You 5d 9h ago \| PC \| Com(0)	50° Linden Lab to Disband Moribund Mentor Group 31d 11h ago \| PC \| Com(0)
80° Second Life Script-Limitations Back in Public Eye 6d 22h ago \| PC \| Com(0)	50° Linden Lab Partners with Dragonfish for Non-US Payments 32d 3h ago \| PC \| Com(0)