Virtual Worlds Forum

Due to being away at CES, I didn't report on Linden Lab's decision to ban virtual banks from Second Life last week (the company's blog post announcing the new policy is here). "These 'banks' have brought unique and substantial risks to Second Life, and we feel it�s our duty to step in," said the posting. "Offering unsustainably high interest rates, they are in most cases doomed to collapse � leaving upset �depositors� with nothing to show for their investments. As these activities grow, they become more likely to lead to destabilization of the virtual economy."