“$1.6 Million US Dollars Spent,” and It’s Fake (ok, what else is being faked?)
I think it might be unfair to say it is faked, because a transaction is a transaction. It would be the same thing if a friend and I invoiced a million dollars worth of fabricated services.
In real life it wouldn’t happen because you’d have to report it as income and their would probably be transaction fees, but as neither of those mechanisms exist in-life than it looks fake.
It’s true though that does certainly beg the question about artificially pumping up transactions without any check.
Another reason for being able to host second life ourselves and set up some reasonable laws governing SL.
November 10th, 2006 |
A better analogy is that I pass one dollar from my right hand to my left hand and then back again 500,000 times and I say that a million dollars in transactions took place. I guess you could call these self-transactions, but I think the phrase ‘fake transactions’ is more apt here.