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Post Ban: Status of banks and other financial firms in SL (Regarding Solvency)

Colette Meiji
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01-16-2008 13:02
From: Phil Deakins
Alright. It's the theory that simple. But the use of the phrase in posts is usually an insult, and often the person really knows very little other than their own opinions.


I agree the term is used badly both in forums, online and IRL.

Basically as a "clever" way of saying "you must be an idiot"
Phil Deakins
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01-16-2008 13:05
Exactly. And I felt the need to point it out.
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Colette Meiji
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01-16-2008 13:40
From: Phil Deakins
Exactly. And I felt the need to point it out.


Course I guess thats part of what the termsis intended to mean - If its not Rocket Science its simple.

But it is a good idea to be able to prove its simple if you are going to say that? LOL
Rocketman Raymaker
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Join date: 4 Feb 2007
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01-16-2008 13:49
Did I hear someone mention rocket science?

Who needs rocket science when you are the Rocketman!!!!!

BLAST OFF!!!!!!!!!!
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Phil Deakins
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01-16-2008 13:49
:) I'm warming to you Colette :)
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Mickey McLuhan
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Join date: 22 Aug 2005
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01-16-2008 13:57
See, I see it differently.

"It ain't rocket science" means, to me, that the subject should be readily understandable by a layman, rather than by someone with specialized training and experience.

That's what I always thought it meant, anyway...
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Ronaldo McMahon
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01-16-2008 14:47
I've never met a rocket scientist.
Ordinal Malaprop
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01-16-2008 14:55
"Suborbital ballistic physics. It's not exactly rocket science."

I can't remember exactly where I heard that, but have always thought it quite amusing.
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Phil Deakins
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01-16-2008 15:00
From: Mickey McLuhan
See, I see it differently.

"It ain't rocket science" means, to me, that the subject should be readily understandable by a layman, rather than by someone with specialized training and experience.

That's what I always thought it meant, anyway...
That's what it does mean, Mickey. And that's why it's insulting when used against someone, when it's just that the person whose view isn't being agreed with. Hell, it ain't rocket science - j/k ;)
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Jopsy Pendragon
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01-16-2008 15:25
Well, taking the "rocket science" out of consumer lending and banking 'science' all a lay-person need know is this:

"Never trust anyone trying to sell you free money."
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Colette Meiji
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Join date: 25 Mar 2005
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01-16-2008 15:27
From: Jopsy Pendragon
Well, taking the "rocket science" out of consumer lending and banking 'science' all a lay-person need know is this:

"Never trust anyone trying to sell you free money."


Thats a pretty good point.
Ciaran Laval
Mostly Harmless
Join date: 11 Mar 2007
Posts: 7,951
01-16-2008 15:28
From: Gordon Wendt


Once you have a license it opens up a whole new can of worms, the Patriot act and another law (I'm drawing a blank on the exact name at the moment) require that banks collect certain details of their depositors including real life name, social security # and a bunch of other details which people in second life wouldn't give and it is actually against the terms of service to ask for. There is also the very strong argument that has been brought up that doing business in SL even if you could follow those laws would not meet legal scrutiny for a variety of other reasons and would result in an almost immediate revocation of a banking license.



This is why I don't see RL banks touching this place with a bargepole for banking purposes. Advertising yes, SL banking no. Banks in the UK for example require all sorts of identification to comply with laws (largely brought in to try to deal with money laundering). There's no way that they would accept the pathetic Integrity system of identification as a means of identity for banking purposes, not a chance in hell. Not that they could anyway as LL won't allow one avatar to check if another avatar is id verified but that's a different story.

There would also be tax implications left, right and centre. The banks have gone and I don't see them coming back for a long time.
Rebecca Proudhon
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Join date: 3 May 2006
Posts: 1,686
01-17-2008 11:20
From: Phil Deakins
Alright. It's the theory that's simple. But the use of the phrase in posts is usually an insult, and often the person really knows very little other than their own opinions. I.e. It doesn't require a lot of intelligence, so if you don't agree with my opinion, you don't even have average intelligence.

And it's often used when the person has little or no persuasive arguments - a sort of last resort. Very unimpressive.


Phil, its not rocket science as to what is "scamming," except to a person who is locked into moral ambiguity. Then it might seem like rocket science, or if you think rocket science is too easy, then how about "particle physics,"

It's not particle physics as to what is "scamming." It doesn't take much intelligence either, but it does take integrity to not be one of the scammers.

Maybe I should say, "You don't have to be a saint, to know what is "scamming."
Rebecca Proudhon
(TM)
Join date: 3 May 2006
Posts: 1,686
01-17-2008 11:44
From: Gen Ferraris
With nodisrespect to your opinion, there is something that sounds prety crystal clear to me:


Linden Lab TOS:

1.2 Linden Lab is a service provider, which means, among other things, that Linden Lab does not control various aspects of the Service..........................

and it continues to saying: "...Linden Lab generally does not regulate the content of communications between users or users' interactions with the Service. As a result, Linden Lab has very limited control, if any, over the quality, safety, morality, legality, truthfulness or accuracy of various aspects of the Service."

If anyone can tell me how this could be misunderstood in the way the 2 previous posts stated, i'd be pleased.

And no Rebecca, they don't own it, they allow YOU to create content, .



As Hamlet said, "...ay there's the rub."

LL owns the land and the Lindens, and the world itself. They own your avatar. We are all owned, lock stock and barrel.

Now if they sold me sims and avatar(s) and objects and tools that were local on my own computers to do with as I pleased and they said they were now mine.... to copy or distribute as I please.....then I'd own that. Otherwise they own it.

Even if we make content and own the intellectual property of what we make, if it requires the LL owned, equipment to view it, they own all the apparatus. Land is part of that apparatus and the Linden too, is owned, especially since they say they have the right to make the Linden or the land vanish in an instant, leaving us neither land, nor the Linden's. As it stands, if LL pulled the plug we own nothing but things we designed. So we don't really "own," that land.

We are serfs, to be dealt with at the whim of the Master. They toss us the bone of IP rights for our creations, but otherwise we are owned and that land, the apparatus, our very avatars and the lindens are owned by them.


In case people have not seen this video it is hysterically funny (to most people--if you speak german--or are too serious-- that might interfere with the humor):


http://www.youtube.com/watch?v=Gy9hQDT6fhI
Slack Zapedzki
secondBiTS.com
Join date: 13 Feb 2007
Posts: 360
01-17-2008 11:59
From: Rebecca Proudhon
As Hamet said, "...ay there's the rub."

Was that the Hamet that penned "Some Acoustic Phenomena Related to Curved Surfaces" as a paper at UCLA?
Rebecca Proudhon
(TM)
Join date: 3 May 2006
Posts: 1,686
01-17-2008 12:01
From: Slack Zapedzki
Was that the Hamet that penned "Some Acoustic Phenomena Related to Curved Surfaces" as a paper at UCLA?


Oh gad...another typo to edit.
Phil Deakins
Prim Savers = low prims
Join date: 17 Jan 2007
Posts: 9,537
01-17-2008 12:17
It's not the topic (scamming), Rebecca. It's the use of the phrase. It's an insult.

And I *do* like particle physics - I'm not kidding.
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Rebecca Proudhon
(TM)
Join date: 3 May 2006
Posts: 1,686
01-17-2008 12:21
From: Phil Deakins
It's not the topic (scamming), Rebecca. It's the use of the phrase. It's an insult.

And I *do* like particle physics - I'm not kidding.


Okay so shoot me for insulting scammers.

You don't have to be a saint to not be a scammer.
Phil Deakins
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01-17-2008 13:42
You weren't insulting scammers that I recall. You used it at someone who expressed a different opinion to yours.
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Rebecca Proudhon
(TM)
Join date: 3 May 2006
Posts: 1,686
01-17-2008 17:36
From: Phil Deakins
You weren't insulting scammers that I recall. You used it at someone who expressed a different opinion to yours.


Try reading it again.
Phil Deakins
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01-17-2008 17:40
Alright....

From: Rebecca Proudhon
Scamming is scamming and it is not rocket science to tell what is scamming and who is to blame.
That was aimed at another poster. It told the other poster that it isn't rocket science to recognise a scam and who is to blame for it.
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Rebecca Proudhon
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Join date: 3 May 2006
Posts: 1,686
01-17-2008 17:47
From: Phil Deakins
Alright....

That was aimed at another poster. It told the other poster that it isn't rocket science to recognise a scam and who is to blame for it.


It's was aimed at LL, and scammers, thats why I said, read it again.


It's not.......threading a needle in a strong wind.
Phil Deakins
Prim Savers = low prims
Join date: 17 Jan 2007
Posts: 9,537
01-17-2008 17:51
You quoted someone in that post, but I can see that your wording could be aimed at LL, or at the quoted person, so I accept that it was aimed at LL. It's still an insult to their intelligence though, which is what I pointed out, and insults are best left out of forums.

[added]
If you also intended it at scammers, as you said, you can do all the day long. Scammers know exactly what they are doing - they are not unintelligent.
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Rebecca Proudhon
(TM)
Join date: 3 May 2006
Posts: 1,686
01-17-2008 17:54
From: Phil Deakins
You quoted someone in that post, but I can see that your wording could be aimed at LL, or at the quoted person, so I accept that it was aimed at LL. It's still an insult to their intelligence though, which is what I pointed out, and insults are best left out of forums.



I quoted a quote about LL, scammers and anyone complicit with the scamming.

And bots and scammers are better off out of SL

Call scammers intelligent if you like. It doesn't take a brain surgeon to figure out who is and is not a scammer.
Phil Deakins
Prim Savers = low prims
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Posts: 9,537
01-17-2008 18:11
I posted a personal objection to the use of the insulting phrase "it ain't rocket science". It's insulting. End of story.
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