Tag Archives: currency

A Real “Virtual Currency” Emerges: Could BitCoins Threaten “Real” Currencies?

I’ve talked fairly often on this blog about the trade of virtual goods and virtual currencies in virtual worlds such as Second Life or Facebook.  While novel, neither of these elements are legally what they claim to be.  With respect to virtual … Continue reading

Posted in Multi-user Online Environments, Virtual Currency, Virtual Items / Virtual Goods, Virtual Worlds | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Second Life Launches “Viewer 2,” Continues to Blur the Line on its Currency

Second Life CEO Mark Kingdon discusses new Viewer 2 and also continues the confusing double-standard for SL currency. Continue reading

Posted in Contracts and Agreements, Virtual Currency, Virtual Worlds | Tagged , , , , , , , , | Leave a comment

Korean Court Strikes Down Penalties for RMT

So the big news around the VW blogosphere today is the Korean Supreme Court’s ruling that puts virtual currency and property on the same level as real currency and property.  Well, almost.  Before we get too far ahead of ourselves … Continue reading

Posted in Contracts and Agreements, International News, Litigation, Rights and Civil Liberties, Virtual Currency | Tagged , , , , , , , , | Leave a comment