Casanova’s Matchmaking
  Date:                 February 13, 2008
  Release Date:  Immediate
  Contact:            Lisa Lavesseur, President of Matching    
   E-Mail:              This e-mail address is being protected from spam bots, you need JavaScript enabled to view it        

CASANOVA’S MATCHMAKING INTRODUCES VIRTUAL “IN-WORLD” SEDUCTION WORKSHOPS

    (Boca Raton, FL)  Casanova’s Matchmaking, a new, unique Matchmaking & Concierge service for the Jet Set is introducing “in-world” Seduction Workshops just in time for the 2008 Valentine’s Day Season.  The 5-Days of Seduction workshop series, which kicks off Feb. 14th and continues for 5 days, until Feb. 18th will be held daily at various starting times inside the online, 3D virtual world Second Life at DreamSphere “The Amp” in Moon Park (38,248). Details and registration information is available on the company’s website at www.casanovasmatch.com.

An announcement at the Ancapistan Capital Exchange today by Tyrian Camilo has further elaborated repayment plans of former SL Investor's Bank depositors.

Per the announcement:

FOR IMMEDIATE RELEASE - 9TH OF FEBRUARY 2008

SL Investor's Bank depositor reimbursement plan is progressing rapidly, with today ending the IPO and making SLIB shares hit the floor. This allows people to turn their shares into pure cash, or hold on to them for financial gain. Personal holdings of Tyrian Camilo has been left to 24.44%, under the promised maximum. Additional to original plan, an reserve fund has been made of 500,000 shares for possible reimburses to still be made. These 500,000 shares will either goto depositors or scrapped 9th of March, 2008.

By Matthew Beller

In a previous article, I conducted a basic analysis of the economy and monetary scheme of Second Life, a three-dimensional virtual world where users can create virtual goods and services and exchange them with one another. I showed that thus far, Linden Lab, Inc., the creator of Second Life, has taken a mostly hands-off approach to its economy, with the notable exception of its fiat currency scheme.

Unfortunately, Linden's aversion to paternalism changed in January with its announcement that it would be banning most interest-paying banks from Second Life. The announcement reads:

"As of January 22, 2008, it will be prohibited to offer interest or any direct return on an investment (whether in [Linden dollars (L$)] or other currency) from any object, such as an ATM, located in Second Life, without proof of an applicable government registration statement or financial institution charter. We're implementing this policy after reviewing Resident complaints, banking activities, and the law, and we're doing it to protect our Residents and the integrity of our economy."

This policy has strong parallels to the adoption of 19th-century banking regulations in the real world. These regulations were supposed to stop wildcat banking, where ambitious bankers expanded credit through risky loans until defaults led to insolvency and left their depositors empty-handed. Similarly, in Second Life, unregulated banks have offered demand deposits bearing interest rates of 40% or more, at least one of which never actually had any loans underlying its interest-bearing deposits.[1] Cases such as that are almost certainly fraud and should be adjudicated as such, but Linden's adoption of a draconian ban on all interest-paying banks, which had been preceded by a ban on gambling, has established a clear pattern of economic interventionism. This does not bode well for Second Life users, for as Ludwig Von Mises has taught us, middle-of-the-road policy leads to socialism.