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Second Life Currency Crisis?

 

Money has been funneling out of Second Life's economy through the first week in November, posing a threat to the balance of the Linden currency against the U.S. dollar.

Second Life, the massive multiplayer online world, allows users to log on through the Internet and create 3-D computer-generated identities. These avatars are then free to explore the world that San Francisco-based Linden Lab has synthetically created.

Real-world money can be exchanged for Linden, the accepted currency in the Second Life world. Linden can be used to purchase virtual land space to build on, different clothing for their avatar, or even adult-related content. As of 12 p.m. EST, nearly $520,000 had changed hands among 1.28 million users over the previous 24 hours. ...

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