Tuesday, August 14, 2007

Wall Street Journal on Second Life's coming financial meltdown

WSJ BreakingViews.com column reports on financial problems that seem to be piling up in Second Life just like the bills that come in First Life.

There's been an embezzlement from the stock exchange and the bank has refused to cash people out? Didn't we predict that months ago?

I know it's schadenfreud-y of me, but we have been warning about this play money scheme for a long time in this blog.

Online stuff is pretty, it's cool, sometimes it even works as advertised, but there are red flags all over this.


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