I ran across an interesting article where BackgammonMaster's online casino (where you can play games like BlackJack and Poker and not just Online Backgammon) tried to survey their players to see if they would like to play in Linden rather than real world currencies.
Stop! WTF is Linden? Well, it's the virtual money used in Second Life Virtual Worlds. I wouldn't know anything about Second Life, but I hear it's quite popular. You know, for people who have so much in their lives that they require a whole second life to help with the overflow of life.
Anyway, the answer was a resounding NO! Of the 500 non-US players surveyed only 20 knew what Linden was and only 2 said they would consider it. They even offered to convert Linden to a bunch of other currencies that the online casino uses, including Czech Koruna, Danish Kroner, Euro, Hong Kong Dollar, Hungarian Forint, Japanese Yen, New Zealand Dollar, Norwegian Krone, Polish Zloty, Singapore Dollar, Swedish Krona, Swiss Franc, and the South African Rand, but that didn't make a difference.
I wonder what the survey results would have been had it been for US players. I've always thought that one of the UIGEA loopholes would be to use virtual money, like Linden, that can then be used to purchase real money. This would make it quite easy to deposit at these sites as well as withdraw.
Interesting, right?
Tuesday, May 27, 2008
Linden - UIGEA Killer?
Subscribe to:
Post Comments (Atom)
Play 
1 comment:
That's an interesting idea, but it seems like you'd be building a speculative and risky currency market on top of another already speculative and risky currency market. Not to mention, the Linden money is not to be spent on gambling as stated in its bylaws. I believe all the casinos were shut down in Second Life.
I like your spirit! Let's keep thinking out of the box!
Post a Comment