Infopirate.org

Real world financial consultant describes why everyone expecting to strike virtual gold in popular virtual world Second Life has been suckered. It's just a ponzi scheme:1. You can't easily get your money out (except in tiny chunks).2. When you can, the exchange rates kill you, taking all your profits.3. Only the people at the top make money.

Hundreds of artists exhibiting in Second Life.installations, new media presentations, performances

This guy lost L$346,180 gambling online in Second Life which has casinos throughout the virtual world. Could this "game" be used to bypass all laws on illegal Internet gambling and help criminals launder money? The "virtual money" has a real conversion rate so he lost about about $1,300 in real money.

Changing the state of this copmuter-interfaced box using knowbs and switches changes it's Second Life counterpart. "Changes to the knobs or pushbuttons in the real world are translated to their counterparts in SL, and the objects in Second Life can react by controlling the LEDs on the real world control panel."

*EBook Mania*By: Jacob RuytenbeekAs the community of Second Life continues to grow and grow, competition for money making ideas is becoming more...