Read the story in Extra.
by Bixyl Shuftan
When Second Life Newspaper folded, Second Life Newser rose to take it's
place. It's first, and one of it's longest running, sponsor was the Podex Exchange,
sometimes called the Podex Bank. Run by Jacek Shuftan, they were a
Linden dollar exchange service, exchanging Linden dollars for several
international currencies, as well as Bitcoin. The big attraction, people
could sell Linden dollars to him and get real world currency faster
than with Linden Lab. Although not asked to, the Newser would do monthly
adverts of stories of either customers at the bank or the misadventures
of a hard luck bank robber, "Clumsy Cooper," whose schemes to rob Podex
failed every time, and were futile anyway as he couldn't have gotten to
the money. My "Polish cousin" as he called himself renewed his
sponsorship time and time again, for years.

Unfortunately,
Linden Lab was less than happy with independent Linden dollar
resellers, Podex included. In June 2013, they moved to shut them down,
but partially relented after a public outcry, though putting
restrictions on them. Two years later in June 2015, the Lab moved again
to close them, saying after August they could sell no more Linden
dollars. Although Jacek hoped the Lab could be persuaded to change their
minds, this time the decision was final. And in late October 2015, the Podex Exchange building vanished from the Grid,
and the Newser lost it's best sponsor. This was not the end for Jacek
as he had expanded his business to InWorldz and other virtual worlds,
but without Second Life he was making only a small percentage what he
had been.
Considering his blaming others for his troubles and not telling my
former boss what was about to happen until after the axe fell, it's hard
to sympathize with Intlibber. Jacek in contrast was an ethical
businessman, and it's easy to see Linden Lab at the time as feeling embarrassed by
him beating them at their own game. One certainly remembers their best
sponsor being told he has to shut his doors. In any event, we thank
Jacek for his long period of support.
Reprint from 2017 article
Bixyl Shuftan
It was eight years ago last week in October 2009 in which one of the major sponsors of our predecessor paper, BNT Holdings, a virtual real estate rental business owned byIntlibber Brautigan, went under. Intilibber was a controversial figure, for some of his opinions and as a defender of Woodbury University, which had a reputation for harboring griefers. But his sponsorship of Second Life Newspaper was long term and generous, with space for a large office and a private island for the owner and editor thrown in. All seemed well until in October 18 when editor Dana Vanmoer logged in to find she couldn't get to her home, and none of us could get to the office. Intlibber had defaulted on the sim payments, and no one knew anything until they were taken offline.
Unfortunately, Linden Lab was less than happy with independent Linden dollar resellers, Podex included. In June 2013, they moved to shut them down, but partially relented after a public outcry, though putting restrictions on them. Two years later in June 2015, the Lab moved again to close them, saying after August they could sell no more Linden dollars. Although Jacek hoped the Lab could be persuaded to change their minds, this time the decision was final. And in late October 2015, the Podex Exchange building vanished from the Grid, and the Newser lost it's best sponsor. This was not the end for Jacek as he had expanded his business to InWorldz and other virtual worlds, but without Second Life he was making only a small percentage what he had been.
Linden Labs says it has many advantages to buy through Lindex, but
the fact is, that they will ask you for your RL data, this is something
many people in Second Life don’t feel comfortable doing.
Hypergrid Business' Maria Korolov has written some about the issue, on June 15 and 27. It reported that one exchanger, Crossworlds, announced it would be folding on June 30 (today). "There is nothing else to do," Crossworlds owner Tony Bastianelli was reported as saying, "Linden Lab has left all exchanges with no options." RUExchange was stated as saying (in Russian), "Unfortunately, the official payment methods, Paypal and Skrill, do not satisfy the majority of our users. ... At the moment, we are negotiating with Linden Lab about the future of the Russian community, and unfortunately our technical support can not give you a comment on the situation."
It wasn't long before the forms were done, and the money was exchanged.
"Yes," the sports fan answered, "Normally on this day of the week I'm in real life, but there's been some complications today."
"Certainly Sir. If you would just fill out these forms, we'll arrange for the exchange."
March had been a good month for the Podex Exchange. As always, people went there to exchange their dollars, Euros, and other global currencies along with bitcoins for Lindens. Often they'd talk to the tellers what they were getting them for. Some were out to enjoy the winter season while there was still winter around. Others were buying them for apparel for the St. Patrick's parties, getting outfits, decorations, and kegs of green beer. Then there was the start of the Relay Season, and people were donating to their teams in various events. And of course, late in the month people were starting to get Easter decorations, which would fall on the first weekend in April.
"Yes, I'm the local Easter Bunny around here, and need to hide some eggs. This looks like a good spot."
"Lemme go!" the burglar begged.
It was a fairly typical mid-February day in the Podex Exchange. Even though it was winter, people still had a need for Lindens, whether for clothes, a new look, or just tipping the local DJ. And so they kept coming. And this being February, there was another reason: Valentines Day. Men, and some women came by to get Lindens for the purpose of getting something for their sweetheart, whether it be flowers, jewelery, or renting a private place for a day or two. They made some good business up to and during February 14.
It was at one point that the attention of the tellers was drawn to a couple visitors at the door. Both were women, but one didn't have any feet but instead from the waist down had a serpentine, snakelike body, wearing a black and red dress. The other was a bit more normal, having legs, but was covered in white fur with a tail and rounded ears. She was shorter, wearing a purplish dress, and a lot of beads.
Again and again, he'd been beaten by this Podex. He could just imagine them laughing at him. Well, he'd finally get the last laugh.
"I'm on it." Clumsy got a rope and hook, and threw it up. The hook caught onto the other side of the wall. He climbed up one of the support pillars, and once over the edge, "Okay, I'm in."
Clumsy looked frantically for another way out, and the guard began walking his way. Clumsy then ran to the side and around him. The guard tried to grab him, but it was his turn to stumble. By the time he recovered, Clumsy was close to the door. He then drew a weapon, "Halt, or I'll shoot!"
It was a fairly typical late December day at the Podex Exchange. The month had brought in many residents coming in to buy Lindens for presents to give friends and virtual family. This wasn't all, though. Some had bought them also for the Relay for Life Christmas Expo.
"Yes, spoke the visitor, "I've had to spend my Lindens on Christmas presents, and before I can get any money back, I get talked into hosting a New Year's Party, decorations and all. So I need a bit more cash."
"Well Sir, in InWorldz we can now buy it's local currency, also known as 'Izzies,' from you there. Regulations prevent the direct trading of Izzies for Lindens, but you can use the US dollars, Euros, or several other International currencies, as well as Bitcoin, Dogecoin, and Litecoin, from any transaction there to buy Lindens here."
“I bring greetings from Procyon Tribe,” Clumsy
bluffed, talking like a movie character, “Here for terms of Treaty. Your
Chief Shuftan get Coda land in exchange for fifty thousand Lindens
every autumn at the time of the turkey. Will take now.”
Once in, Clumsy found himself in some kind of dark iron structure, the smell of Industrial grease and fuels around. He was still getting his bearings when the door shut behind him, leaving only minimal light.
"Trick or treat!" the smaller visitor greeted the tellers.
It started off as more or less any other day at the Podex Exchange. One
of the tellers talked about going to the "Clockwork Spiral" charity event later
on. Someone else talked about taking a look at the "Vinyl Museum" and "Happy Vixen" clubs in HV Community and Sunny Beach respectively. Then someone remembered what day it was, "Arrrrr! It be
September 19th., maties. It be 'Talk Like a Pirate Day,' lan'lubbers!
Arrr!" And after a few chuckles, other tellers were doing it too, "Avast
there!" "Shiver me timbers!" "Arrrr!"
"Avast ye scurvy dogs!" Clumsy took hold of a cutlass by the grip and drew it out of it's sheath, "This be a plunderin.'
Each month seemed to offer something different to the tellers of the Podex Exchange. In June, the people coming by were talking about the Second Life Birthday, including a few more people than usual new to the world after hearing about it and coming by. In July, there was the Relay for Life weekend, and people coming by to buy Lindens to donate for a favorite team, or to the Relay funds in general. By the time August came around, the Relay was winding down, and there were more college-age residents hoping to relax a little before it was time for the next semester the following month. Between times customers came in, the tellers would talk amongst themselves about various happenings, such as the final Relay event on August 31st, the Lovecraft festival, or something that had seemingly come up from out of the blue: the "Ice Bucket Challenge."
"Yeah dude," the trunked visitor asked, "I need to get some extra lin-dios to grab a spot at this bodacious place that just opened up a surfer spot, Sunny Beach in the Sunweaver Estates, man. It's real epic."
"There you are Sir, all done."