04-02-2005, 06:49 PM
I mind too.
"Virtual Property" indeed. What do you think stocks are? Bonds? Legal tender? Paper money? People scoffed at those, and still do some time.
With private servers, we have the problem of accoutability of ownership. Its as abused as the first form of western banks, and isn't backed up by government approval.
What do we need? Proof of ownership, in a notorized form.
Caveot Emptor doesn't apply 100% in this country. Why should 'virtual' property and services be any less legitimate? Accountable?
Loaning to friend? Yes, that was stupid. A matter of trust. Why you cannot sue though? Mainly because its difficult to track. Soon as virtual servers can be held both acceptable in society and transactions easily trackable to individuals, it should be no different than any other form of semi fluid currency.
How safe, how legitimate, are banks? They're only so from being so established.
"Virtual Property" indeed. What do you think stocks are? Bonds? Legal tender? Paper money? People scoffed at those, and still do some time.
With private servers, we have the problem of accoutability of ownership. Its as abused as the first form of western banks, and isn't backed up by government approval.
What do we need? Proof of ownership, in a notorized form.
Caveot Emptor doesn't apply 100% in this country. Why should 'virtual' property and services be any less legitimate? Accountable?
Loaning to friend? Yes, that was stupid. A matter of trust. Why you cannot sue though? Mainly because its difficult to track. Soon as virtual servers can be held both acceptable in society and transactions easily trackable to individuals, it should be no different than any other form of semi fluid currency.
How safe, how legitimate, are banks? They're only so from being so established.