Tag: Exchange

SecondLife economy is 'a pyramid scheme'

Tags: SecondLife + exchange + yramid scheme + Randolph Harrison

MarcoPolo
Posted by MarcoPolo 2 years 10 months ago; via valleywag.com/tech/second...

Valleywag claims that Second Life is a pyramid scheme. The article, which consists mostly of selections from the report of financial consultant Randolph Harrison, suggests that not only are most people deceived about the amount of money they can make in Second Life.

The private exchanges, however, are owned by the businesses which sit at the top of the SecondLife economic pyramid. The “Virtual Land Baroness” owns the largest such exchange. So it is not surprising that our attempts to trade our L$ for $ USD were met with confiscatory...

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