“Our dreams are a second life.” ~Gerard de Nerval
by Cat Boccaccio.
You have noticed the new Linden Lab Terms of Service (TOS) agreement if you have logged in recently, and maybe, like me you clicked OK without reading, because addiction. Anyway, it basically says that you can now only purchase Linden dollars through Linden Lab. How that affects the actual exchange between avatars is unclear, but here is the LL post, and a few online blog and forum discussions links on the topic:
When you log in to the Second Life Viewer today, you’ll be asked to accept an updated Terms of Service. As with any legal document, it’s important to read in its entirety before accepting, but we wanted to highlight one of the changes we’ve made in this update: to better protect Second Life users against fraud, the updated Terms of Service make it clear that trading of Linden dollars (L$) on exchanges other than the LindeX, Second Life’s official L$ exchange, is not authorized or allowed.
As the official exchange owned and operated by Linden Lab, the LindeX is the best place to buy and sell L$ for use in Second Life. It consistently offers the best rates for both buyers and sellers, and by limiting L$ trading to the exchange we operate, we are better able to protect users against fraudulent activity.
The majority of Second Life users who purchase L$ do so through the Second Life Viewer by clicking on the “Buy L$” button. There will be no change to that function, as these orders are placed directly through the LindeX. Similarly, shopping on Marketplace will not be impacted.
I am a skeptic when it comes to Linden Lab, even though I blindly accepted the new TOS without research, but it seems whenever there is a change, the conspiracy people rise up in protest. Maybe LL has an ulterior motive… how bad can it be? Taking more (nonexistent) money out of my wallet? Restricting my LL banking empire? Meh. But for your enjoyment, a few takes on the new TOS. First from the always well researched and thought out, New World Notes:
And another blog:
And the always fascinating Second Life community forums:
So is the new TOS a slap or a kiss? To the (mostly uniformed) me. it is a bit like a family kiss at a wedding from my Uncle Nick. A bit soft and icky, but harmless. But, when it comes to finances, I am seriously not conversant. Are there any SL money geniuses that can help the rest of us navigate?
Screenshot from Torley’s how to buy guide video.