Strange’s Second Life Blog

Linden Lab stated that “Since the collapse of Ginko Financial in August 2007, Linden Lab has received complaints about several in-world “banks” defaulting on their promises.”
Now, I realize that the point has been argued, but in the basic sense, didn’t the fact that Linden Lab banned gaming “instantly and definitively” at the end of July […]

While not a complete “ban” of Second Life banks, many are choosing to see the new policy and describe it this way. The very start of the blog post says:
“As of January 22, 2008, it will be prohibited to offer interest or any direct return on an investment (whether in L$ or other currency) from […]

I just found out about the in-world banking ban in Second Life. While I haven’t had time to fully wake up and comprehend the effects of this, I just wanted to say that I’ll have a longer post about this, soon. The Second Life banking ban will surely make some waves across the entire grid.