Troubles in the virtual world
There is an article telling a story of FBI going into SecondLife to investigate gambling taking place inthe virtual world. While it may be entertaining to imagine FBI agents walking around as animated creatures of opposite sex and with wings, I think it rises an interesting question about the relationship between the virtual and and the physical.
As far as i understand this, US is trying to regulate online gambling through controlling financial transactions with online casinos. But things are different for SecondLife because people there are gambling with Lindens (L$), which is the virtual money used in this world. But the issue is getting more complex since there is an entire economy associated with SeconLife and L$ are actually having a market based exchange rate with real money (L$266 = US$1 as of yesterday). So the virtual is actually real, or the other way around.
I am not sure i have enough knowledge about the phenomenon, but i think this is really fascinating. How exactly and are we going to apply regulation from the physical world to the virtual one? Not only we had to deal with concepts of identities, nationalities and geographical boundaries in virtual reality, but now we also have to address the virtual economy and its relation to the real world... Just writing this post and picking at all the statistics of economic activity there amazed me a lot. And there is much more going on there in other virtual worlds, such as WoW and other. This is simply very interesting and even fascinating.
As far as i understand this, US is trying to regulate online gambling through controlling financial transactions with online casinos. But things are different for SecondLife because people there are gambling with Lindens (L$), which is the virtual money used in this world. But the issue is getting more complex since there is an entire economy associated with SeconLife and L$ are actually having a market based exchange rate with real money (L$266 = US$1 as of yesterday). So the virtual is actually real, or the other way around.
I am not sure i have enough knowledge about the phenomenon, but i think this is really fascinating. How exactly and are we going to apply regulation from the physical world to the virtual one? Not only we had to deal with concepts of identities, nationalities and geographical boundaries in virtual reality, but now we also have to address the virtual economy and its relation to the real world... Just writing this post and picking at all the statistics of economic activity there amazed me a lot. And there is much more going on there in other virtual worlds, such as WoW and other. This is simply very interesting and even fascinating.
