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WSE 4.0 - a monkey or a rabbit?
Exactly what I was thinking too. Well, not exactly, as I hadn't made the connection - if there is any - between the recent LL announcement about third party exchanges and the WSE closure yet, but apart from that very similar.
How can anyone expect to just close up shop for "up to 30 days" and still have a shop when they return? We all know that SL is a rather fast paced environment and economy, which makes it even worse. I won't even guestimate how much L$ is tied up in WSE, but it has to be millions. Not having access to that money yet being promised 25% pa doesn't really soften the blow.
After all, we do know the track record of HCL on bond payments etc. Some may consider this throwing the stick in the hen house, but... what if WSE and Luke disappeared over the next thirty days? Since over a month would have passed before people could be "certain" (if there is such a thing) would there be any recourse, and actions that could still be taken? I seriously doubt it. And wouldn't the requirement of WSE to have CEO's still post announcements be a cover to make everything appear active and legit?
It's too early to predict what'll happen, and no one - but Luke maybe - knows whether it'll be a monkey or a rabbit that's being pulled out of a hat.
ServMe Nakamura
virtualSecond CEO