Luke Connell's 'fictional' stock exchange, the World Stock Exchange (or WSE) has abandoned the use of Linden Dollars for reasons which seem a little confused and unclear other than apparently fear, uncertainty and doubt. The exchange has been closed for some time for a software refit that seems to be taking a lot longer than anyone expected.

If you had Linden Dollar balances with the WSE - well, tough. They've been converted to World Internet Currency (WIC) and you can try to cash them out for some value (that is if people want to spend real money on valueless game-tokens) - when the WSE goes live again (a date that is, as yet unclear. Maybe March. Maybe not).

But since Connell asserts that all the businesses, money, shares and all that that are involved are just role-playing, that's no loss to anyone at all, right?

WSE abandons Linden Dollars originally appeared on Massively on Mon, 25 Feb 2008 07:00:00 EST. Please see our terms for use of feeds.

The Metaverse Journal has an unedited interview with LukeConnell Vandeverre, owner of the - as he puts it - fictional World Stock Exchange. In it, Vandeverre asserts repeatedly and firmly that the WSE is a game, and nothing more, and that no real profit is available through the WSE.

"[I]t is not real, holds no real value and it is not an investment and does not provide investment opportunities." - Vandeverre.

The interview is full of contradictions. Vandeverre appears to claim that the 'fictional' currencies have value in the real world, albeit indirectly, and then reverses course and appears to claim that they don't.

Continue reading Vandeverre says: WSE not real. Not an investment. [updated]

Vandeverre says: WSE not real. Not an investment. [updated] originally appeared on Massively on Sat, 12 Jan 2008 11:00:00 EST. Please see our terms for use of feeds.