More Comment On the Bank Closures
Dusan Writer has put up a fresh piece on the Grid-bank situation. It’s a touch opaque at times unless you give it a careful read, but it’s quite worthwhile. In summary, though, he reiterates the primary objections to the existence of unregulated “financial institutions” on the Grid, or in any other metaverse, unless you wish to open the door to government intrusion of activities.
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Categories: Business, Issues and Trends
Banking regulation, Banks, Business, Finance, Linden Lab, Lindens, Second Life
Hmmm. Opaque actually means I was sort of tired when I wrote that but happily it sounds like my main point came through.
Believe me, I can sympathize on that! Sometimes I think I’ve written more than one article or comment when I was half asleep. Thank the Deity for the edit button (where available).
fascinating and communicative, but would participate in something more on this topic?
Kind of hard to; the banking flap is gone by the wayside.