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Bank ban?

Nobody, I do respect your opinion and your blog. You always have good insights. But I would like to offer a correction on a term that you throw around pretty freely. LL did NOT ban banks, they banned the promise of interest or a promised return above and beyond the monies given to Avatars via an object such as an "ATM". That is a big difference. I really think that the concept that the SL populace picked up about "banning banks" hurt more than helped! I agree that that action was long coming. I have never agreed with the ridiculous interest rates offered because no one could really justify them. But the "bank" as an entity can survive and is surviving. The question is for how long? What can the banks offer now that will entice new investors? Market forces will decide if LL and pundits will leave it alone.

This is off topic a bit and I apologize. However I think LL is coming to grips with reality in the many "scams" going on in SL and is trying to do something about it. Be it land scams via ad farms, or ridiculous interest rates, etc. And for that effort I applaud them!

However, I think LL will overstep it's bounds when it begins to ban such things like the "porno" market for example. There is no scam going on in that market, it is just morally reprehensible to a segment of the population. Will LL give in and actually ban escort services, sexgen products, etc.? If they do then, imo, they will have crossed the line from cleaning up scam artists to possibly suppressing free expression. What then?

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