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WSE to go on: Metaverse Journal Interview 1/12

Nika Talaj
now you see her ...
Join date: 2 Jan 2007
Posts: 5,449
01-12-2008 09:18
Interview published today -- World Stock Exchange will reopen, but their ATMs will no longer pay interest. WSE website features an audio clip of LukeConnell explaining the WSE position, and this is a followup story.
http://www.metaversejournal.com/2008/01/12/world-stock-exchange-to-continue-business/

I find myself agreeing with LukeConnell's argument that the Linden is a "game token", not a currency. But this leads me to a different place than it leads him ... I'll trade for these tokens on SLX just to get the best rate (my last buy was at 285, not bad!), but I certainly don't invest in them.

Do you buy it? Will WSE reopen?

And, just in case this "discussion" thread bothers people, let me remind folks of Strife's line on this:
From: Strife Onizuka
My reason for not locking the thread is that is news (I haven't posted recently about the ad hoc exceptions to the RA rules; news about SL is one of the off-topic exceptions).(
Colette Meiji
Registered User
Join date: 25 Mar 2005
Posts: 15,556
01-12-2008 09:30
Sure if Luke thinks he can manage to get an even bigger pot of

"future collapse" fundage ..

Why not?
Brodsky Zapedzki
Registered User
Join date: 30 Mar 2007
Posts: 337
01-12-2008 10:26
I don't doubt that they'll re-open as announced.

I think the biggest challenge the WSE and other exchanges face moving forward is to eliminate IPO scams / failures.

Otherwise they'll probably get banned too in the long run.