Thursday, December 24, 2009

Merry Xmas and a Happy New Year 2010

Hello everybody,

it's already a longer time period since we delisted the SL-company LEM at ISE. We don't regret this decision as things really don't seem to evolve.

As long as the interfaces are not legally defined between SL and RL the overall situation of SL economy will not change, especially as virtual currency can be exchanged against RL one and vica versa.

It's a pitty as I think there is potential in an environment like SL to simulate RL patterns and or test strategies or simply in adding a new dimension to RL economy. However, some basic rules must exist to avoid annoyance to be robbed to easily, either through real scammers or just because of naivity and ignorance or arogance.

I still haven't found a solution. However, I believe that the only way to create a minimum of confidence for SL investments is to go through the bias of a financial intermediaries with RL recognition.

Anyway, LEM still exists and has some remaining virtual investment in SL, but on a much reduced level. It allows us to keep track with SL and be informed.

At the moment we are not planning to change this status in the near future. If you are curious whether something will change then stay tuned...;-)

We wish you Merry Xmas and happy New Year 2010, full of luck, health, success and yes, fun to stay in SL

Greetz
Casper Trebuchet