Gwyneth Llewelyn has published her take on the new More Options announcement by the Lab. See: Financial crisis in Second Life ended? There are some details and gotcha’s worth knowing.
Gwyneth speculates on whether the Lab will turn off the cash out feature of the LindeX. As it is now the More Options change means other exchanges CANNOT convert L$ to RL currencies.
If FinCEN is forcing the Lab to move that direction, it will happen. But, that would be a huge hit for the Lab. There are people making a RL living from their SL businesses. Preventing any outward cash flow would kill those businesses.
For instance the motion capture company just covered in The Drax Files would likely drop their efforts in SL and move on to something else.
Personally I think stopping the outward cash flow will kill Second Life. As things are now SL provides entertainment and income. I’ll have to look to see how many private islands/regions are a shop of some kind. Tier is paid by sales. That tier payment thing could continue. But, some significant portion of those people are taking money out of SL. I suspect that significant portion is likely to give up their land.[poll id=”12″]