The Inflatable Soapbox

Linux, Open Source, and Life

Currency025.jpg

I had an idea several years ago for a web site that acted as an exchange for real and virtual currencies. I was never an avid gamer but, after discovering Second Life and IMVU, I realized how many people were spending (and earning) money in these 3D virtual worlds. While there are some companies (IGE and others) that facilitate buying and selling of virtual goods and currencies, there didn’t seem to be a true virtual/real currency exchange market yet. One that would provide daily exchange rates for directly changing one currency into another, virtual or real, for a small fee. Like most of my ideas, this was added to a very long “projects” list. I had a good idea, I was sure, but neither the time nor resources to develop it.

Fast forward to 2010. IMVU and myYearbook are the first partners of the new Currency Connect, “a service that allows virtual world and social networking site members to exchange virtual currency among partner websites.”1 They don’t (as far as I can tell) offer exchange with real currencies, though. That would certainly involve regulatory compliances which would complicate matters. But how long can these virtual currencies, purchased with real money, be unregulated? Over two years ago, “Linden Lab, the company that runs the popular virtual world Second Life, announced… that all in-world “banks” must now be registered with real-world banking regulators.”2 Dave Rosenberg noted, in his blog on CNet News last December3, that the door is open for much larger players to bring their huge user bases to the game. Certainly PayPal, Facebook, Google, Yahoo, and Microsoft could stake a claim in this, as yet, wide open territory.

Where does that leave me? Crossing yet another promising idea off my list? Probably. I still don’t have the resources needed for development. So I’m throwing this idea out into the blogosphere. Maybe someone with capital or connections can make use of it.

What do you think? Thumbs up or down?

1 http://www.currencyconnect.com/FAQ

2 http://www.freedom-to-tinker.com/blog/felten/second-life-welcomes-bank-regulators

3 http://news.cnet.com/8301-13846_3-10415702-62.html

Image courtesy of Pulsar Media

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I haven’t made any scientific comparisons, I only share my experience. I’ve been a devoted Mozilla/Firefox user for many years. My current workhorse is an AMD Phenom Quad core box with 8GB RAM and it flies. :)

I tend to keep 40-60 tabs open, on average. I can run the latest Firefox on this box and it will have severe performance problems (the screen turns grey, desktop unresponsive) even with nothing else running. I have to restart Firefox 3 times daily. It takes a long time to reload, so this is a major inconvenience.

I am now running Chrome with 42 tabs, as well as Thunderbird, Gimp, Pidgin, 5 terminals, and 2 virtual machines (Ubuntu 10.4 using QEMU and OpenSuse 11.2 using Virtualbox 3.1) – all this on a fully pimped-out Compiz 3D desktop on a 24″ display – with outstanding performance from Chrome.

I love the Fox, but until it gets its act together, I’m using Chrome.

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02-12-10

New Funny Photos Site

Posted by Tim

Those of you who know me are familiar with my sometimes corny, sometimes edgy, usually dry sense of humor.  I’m certainly not known for political correctness.  But, hey! I’m okay with that.

I was bored the other day (really, I was avoiding the pile of work to be done), and decided to create a fun site for funny photos.  To be accurate, photos with funny captions.  It will provide me with endless hours of amusement, keeping me off the streets and out of trouble.  I hope some of you will become contributors, too.  Right now, you can leave comments and alternate captions.  Email me to register an account.  I’d leave it open but for the damned spammers.  Check out WrongDotCom and let me know what you think.

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02-5-10

Blogger’s Block?

Posted by Tim

No, not really. Like many well-intentioned bloggers, I get caught up in the demands of life. I’m not lazy, I work long hours for damn little compensation. I’ve just got too many projects going. I run from one to the next, rarely bringing anything to fruition. That needs to change.

I’m working now on a new way to organize my day. I’ll now be making a little time every day to visit each of my projects, including several blogs. I’ve had to shelve some promising ideas, even scrap some, in order to focus on what I hope will be the most productive. This is second nature for you organizers out there, but a daunting task for me.

Wish me luck. I hope we can all move closer to our dreams this year.

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I just received a new follower on twitter this morning. He sent me a direct message thanking me for following him back and offering this tip on a way to gain new followers quickly.  I’ve been using twitter in a haphazard fashion for a little over 2 years.  I’ve seen some pitches like this before.  I’ve never tried them.  I’m not sure what value there is in adding a large number of people that you don’t actually engage in discussion.  For instance, what use would it be for me to add someone who, say, works in or sells health and beauty supplies if I don’t have anything in common with them. But, today, I’m in a mood for adventure.  This is the text suggested by tweetergetter for emailing:

Hey check this out…

I just found this site that shows you a
way of getting 1000’s of new followers
on twitter, I just started using it
myself and its starting to work
already.

http://tweetergetter.com/TheRainKing

Thought it might interest you.

TheRainKing

I’ll refrain from spamming my contacts with this but, if you are interested in trying to increase your twitter audience, perhaps you’ll click through and try it yourself.  Let me know what your results are and I’ll post my progress in a week or so.

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author photo Tim Kissane, CEO and founder of Timbury Computer Services, has 20 years of industry experience serving large corporations (including Alcatel-Lucent, Bell Labs, and IBM), small businesses and home users. An avid proponent of Free and Open Source Software since 1994, Mr. Kissane is concerned with maintaining low-cost, unregulated publishing access to the Internet for small business and individuals.