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Dave Bacon is a theoretical ski bum who is also a pseudo professor. His research is on quantum computing, his scientific passions extend to everything in physics, mathematics, computer science and beyond, and his personal pleasures include making wine, playing poker, skiing, camping, and daydreaming (although not all of those at the same time.)
Nothing he says on this blog should be construed as having anything to do with his employer or his dog.
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Category: Technology
Posted on: January 18, 2008 2:43 PM, by Dave Bacon
Second Life, the virtual community, bans banks which aren't banks in the real world.
Since the collapse of Ginko Financial in August 2007, Linden Lab has received complaints about several in-world "banks" defaulting on their promises. These banks often promise unusually high rates of L$ return, reaching 20, 40, or even 60 percent annualized.Second Life imitating the first?
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