[I apologize for not being able to correct the title of this post so as to conform to the new trademark policy of Linden Research. A suggestion by the office of C. Linden and / or Linden Research’s
censorship trademark lawyers is however pending]
Linden Lab’s ban on
SL Y-K-W banks is in effect as of today, on the dot two weeks after it has been announced. Two weeks in which, in the words of Massively’s Tateru Nino :
…we’ve had protests – some assuredly genuine, some apparently staged – runs on banks (a sort of game of musical chairs, where everyone hopes not to be the one left standing when the music stops), and the usual commingled mish-mash of cheering, screaming, jesting and angry outbursts…
— much of it happening in the
SL Y-K-W blogosphere (see my own round-up of it here). Now the grace period is over, the economic effect of the ban turns to have fallen somewhat short of the sky caving in, in fact seeming to be near to negligible for the SL Y-K-W economy as a whole (though I am sure that on the personal level, for people having lost money in the crash, this is an entirely different story).
Seeing that and the fact that Linden Lab seem nowhere close to reverting their decision, the discussion of the pro and con seems to have petered out somewhat. Artur Fermi stating in essence « Good riddance, and keep the hype down » on Your2ndPlace and Aldon Huffhines / Hynes arguing on SLNN that Linden Lab’s decision is ill conceived and drives needed financial services out of the official grid, and that LL should reconsider are more or less the last ones to battle it out. Prokofy Neva and Benjamin Duranske on the other hand have added most welcome shades of grey to the often black and white discussion by casting some light on the people behind the banks. So, what am I up to, besides fawning for some more pats on the back for my diligent compiling work ?
Well, there is a twist on the debate I find fascinating : Continue reading