Emerald Christal Golf Course Okay, For Now

 

Last month, we reported that the Emerald City Golf Course was in danger of shutting down due to lack of funds. Several days ago, caretaker Laz Dresler announced that the course had raised enough to keep going for another month.

 
Thank you all you amazing individuals that love golf here and continue to donate to the  games at ECGC.

We made our Tiers Goal for Our November Tiers., But please don't forget...  Tiers NEVER END! SO FORE!! 

 

So the golf course is up for another month. But as Laz mentioned, they still need cash for December.

 

Bixyl Shuftan 

Free Lindens At The Fallout Shelter

 

For those dropping by the Fallout Shelter on Sundays, something new has been added. This weekend, Rebel Wolf announced a raffle that would give a prize to a random winner, if they were part of the sim group or not.

The Insane Wolf is trying something new..He has a raffle gas pump in the Fallout Factory ( dance hall) In theory anyone can click on to enter, and win $200 on Sunday night. Non group members can even enter right now. The prize may increase if there is any interest. But I'm very cheap. Sue Me. Come one come all. Bring your alts! It should work..maybe...hopefully...

Rebel Wolf would tell me, "If there is any interest by the draw Sunday night at or after dance, I may increase the prize to 1000 a  week, group members only, but for now its open to all. ... Don't gotta be here to win. ... If it gets a lotof interest, it stays, and robs me blind with a increase in Lindens to give away. So! Donate to the Deadlands donation barrell, so I can give it away."

The Fallut Shelter is in th Deadlands,in Paradise Kingdom (87/37/22) (follow the road).

Bixyl Shuftan
 

Tilia Needed For Second Life Accounts Starting August 1

While the Lindens gave some news of their upcoming plans during the "Meet the Lindens" events last week (many of which the Newser was hoping to describe in more detail in the next few days), there was one that wasn't mentioned: Tilia. On the Second Life blog yesterday, the Lab announced it would be part of "Important Changes to your Second Life Account."

Beginning on August 1, 2019, Tilia will take over certain aspects of the Second Life service. Tilia enables Linden Lab to continue the Second Life service in its current form through enhanced regulatory compliance protocols.  To achieve this, Tilia will assume responsibility for managing your USD denominated account, which will be referred to as your "Tilia Account."  After August 1, Tilia will handle process credit requests and payments made from your Tilia Account.

 

Effective August 1, in order to continue using Second Life you will have to agree to Tilia’s Terms of Service and Privacy Policy.  A Tilia Account associated with your Second Life Account will automatically be created for you and you will not need a separate username or password to access your Tilia Account.  

 

In order to stay in compliance with regulatory requirements, if you wish to process a credit, we will need certain personal information to verify your identity, including your name, address, date of birth, and social security number (or government-issued identification if you are not a U.S. Citizen).  You may be required to provide additional information to complete the transaction. Tilia will securely store this information so that you should only need to provide it once.

 

Additionally, please note that customers under 18 years of age will not be able to process credit after August 1, 2019 until they reach the age of 18. 

 

As always, Second Life remains free to access and enjoy!  However, if your Tilia Account is inactive for a period of 12 months we will charge your Tilia Account a fee to the extent permitted by applicable law.  If you have questions about the inactivity fee, please see Tilia’s Terms of Service.

What is Tilia? Linden Lab bought the company in late 2015. The name had been registered in 2002, but the business, whatever it's purpose, had shut down. When Inara Pey asked Linden Lab what it was for, the response by their Director of Global Communications was " a subsidiary of Linden Lab, focused on payments and the compliance work associated with operating virtual economies, and it will provide services for both Second Life and Project Sansar." It's also the genus name of about thirty species of trees that are sometimes called "linden trees," which may be why Linden Lab was interested in the name.

The response by the residents has been more than a little confusion, on both various Discord servers and the Second Life forums. The "Tilia Takes Over" thread has already reached 18 pages as of the writing of this article. There were a number of questions such as would people be hit with bills for not buying or selling Lindens? Was this Age Verification all over again? And there were no shortage of comments such as "Linden Labs, I am very disappointed in you. ... Some have accused you of a bait and switch over the Linden Homes and they were wrong. But inducing people to re-up for another year and then springing a change in the terms of service a week later is a true bait and switch."

While some expressed worry, others such as Becky Nosferatu stated there wasn't much for most residents to worry about. Some however would be paying more.

This took me nearly 20 minutes to figure this out. For those who are in the know, there is a new law and a new ISSUE now, involving the way Linden Lab works with real-world money.

When you buy or sell Lindens, you have a middle ground where the Lindens goes to. So think of that as your virtual wallet. This money just sits there until you cash out (send to Paypal) or your buy in (convert it to Lindens).

Now, what the above means is if you have 0.00 in that "wallet" let's call it, it will do nothing to you. You won't get any fees, you won't be charged, etc.

For people who DO cash out or in, if you have money IN that wallet, and you LEAVE IT THERE FOR A YEAR, they will count that as being inactive and start hitting you with fees. It will take from your "wallet" until you either cash it out or use it, or until your balance reaches 0.00.

Everyone, unless you are under 18, are required to pony up your valuable info IF you want to use the cash out/buy in feature to get Linden dollars. This is EXPECTED of you. As of August 1. this new system will take effect. They're already making a new account for everyone on SL.

What it also means though, if you are over 18 and want to cash out, you must offer up personal info, including your social. A ton of people are not cool with that concept, but trust me, they wouldn't ask for it if they didn't have to.

Why are they doing this? There is a new law in place that affects US and international citizens. This new law means that if you are working with crypto (virtual) currency, you CAN NOT hoard this currency for "better prices" before you cash out, because that is LAUNDERING and that is a big no-no. It's like if you get word fhe stock market is going to crash, you pullout all your funds from said stock and sell it. That, my friends, can net you prison time.

If you don't ever cash out or buy in? You don't have to worry about this at all. You are completely immune and nothing will come of it for you.

If you're like me, however, you are subject to fees when you cash out; Linden Lab's fees, and whatever Tilia's going to charge as well. Nothing we can really do about it.

Becky cited an article in Coindesk.com, referring to a statement from the Financial Crimes Enforcement Network.

There's plenty of information and more than a little legalese to go through. But it seems Tilia being put into action isn't just for the Lab to put up more hoops for residents to jump through and another fee to pay (and maybe higher tier prices from landlords having to pass down feed imposed on them to break even). It appears Linden Lab is doing this due to wanting to avoid legal trouble from the US Government.

As Second Life has adapted technically to change to fit with the times over the past sixteen years, it seems it has to adapt to changes, or at least greater enforcement of, laws dealing with the Internet and commerce as well.

Source: Modem World, Wikipedia, Coindesk.com

Bixyl Shuftan

Linden Lab Raising Fees to Buy Lindens, Maximum Fee to Sell

Second Life is about to get a little more expensive.

In the official Second Life blog on Tuesday, Linden Lab announced there would be an "update" to the fees for Second Life users to use the LindeX to purchase Linden dollars and the "credit processing" fees to sell Linden dollars for real money.

Underlying SL’s successful user-to-user L$ economy and the ability to buy and sell L$’s for real currency is a significant amount of ongoing work to ensure that everything remains compliant with applicable laws and regulations, while also preventing fraud and money laundering.

Investing in improvements to these processes and the ongoing compliance work required comes at a cost to Linden Lab, and we will be making some LindeX fee adjustments in order to share a portion of those costs with Residents active in the SL economy.

To buy Linden dollars, the fee on the LindeX is going from 40 cents per transaction to 60 cents.

To sell Linden dollars for real world currency, the current "fee structure" remains the same at one and a half percent with a minimum fee of $3 USD. But the maximum fee is going up from $15 USD to $25.

There was some debate about the issue on a thread in the official forums, some outright opposing it, others conceding the Lab probably had justifiable reasons to raise prices. One woman commented packing up and taking things to Opensim might not be a good ideas as on the Kitely grid "there is a 20% fee to sell on Kitely market and a 45 day wait to get your money to Paypal." and "there are many less BUYERS on Opensim so your chances of selling are possibly less."

If one takes the Lab's explanation at face value, their costs of making sure the transactions go smoothly while taking steps against "fraud and money laundering" are going up, either having to replace equipment, or get new equipment and employees as a result of new regulations or perhaps as a result of complaints about their service.  Hamlet Au of New World Notes suspected the latter might be a partial reason as he'd been hearing reports of some content creators suffering "financial crippling delays" in getting their real-world money from the Lab after selling them Linden dollars. So perhaps this is a case of the Lab responding to the complaints, but felt the users had to help pay for the costs. Hamlet also had another, sobering, explanation, "The Second Life economy is slowly but surely shrinking, so those who are still in the economy will have to pay more to keep participating in it."

In any event, the changes go into effect June 19.

Source: Hamlet Au

Bixyl Shuftan

Breaking News: Linden Lab Orders Third-Party Linden Exchangers To Close By August

In a reversal of it's deal with third-party Linden exchange services wanting to stay in business two years ago, Linden Lab announced in it's blog that it was "Concluding the Authorized L$ Reseller Pilot Program."

In 2013, we introduced a pilot program for Authorized Linden Dollar (L$) Resellers. This pilot program was designed to give Second Life Residents additional options for purchasing Linden Dollars, particularly for those based outside the US.

Since then, we have expanded the payment options for Second Life users, and today, you can easily purchase L$ in more countries than ever before, using a credit card, PayPal, or Skrill, which supports a wide range of payment methods. We’ve found that these options support the vast majority of Second Life users, and we have therefore made the business decision to close the Authorized Linden Dollar Reseller pilot program.

We are contacting program participants directly to detail the next steps for them, and they will have approximately six weeks to sell off their L$ inventory.

As of August 1, 2015, the Authorized L$ Reseller pilot program will be closed, and the LindeX will be the only authorized place to purchase L$.

Among the Linden Exchangers is Podex, a long-term sponsor of Second Life Newser.

More details to come later on this stunning news development.

To view the announcement in full, Click Here.

Businessman Gets Four Months in Prison For Not Reporting Income From Second Life

Gregg Kaminsky, the CEO of Atlanta-based Circlenet, was recently sentenced to four months in prison for failing to report his Swiss Bank account and other foreign holdings of cash in addition to failing to report certain sources of income, including  $150,000 US from Second Life. Kaminsky told the court he thought "there truly was some confusion" over whether or not his income from a virtual world was taxable.

The US attorney for the prosecution, Sally Yates, stated that the case was a clear statement that "U.S. taxpayers are required to report all of their taxable income to the IRS, whether that income is earned in the real world or in a virtual world."

Hamlet Au noted that although Linden Lab has been "cagey" about it's recent economics, in 2009 the Lab reported fifty users were making over $100,000 US dollars from activities on the Grid, mostly through virtual real estate. The top 25 accounts made a total of 12 million US dollars. He also noted that ten years ago, one writer in SL contacted the IRS about taxes from income on Second Life, and was told not to worry about it.

In 2011, Michael Prime, known in Second Life as zFire Xue, the maker of the infamous "Redzone," was sentenced to four months in prison. His logging on Second Life was against the terms of probation for an earlier conviction.

Sources: Atlanta Business Chronicle,  New World Notes, Wall Street Journal, Reddit,

SL Video: "How You Can Buy Lindens in Second Life "

From Jacek Shuftan and Salivan Mubble, "Short video manual how you can buy lindens ( LS) - the official currency of Second Life on LindeX and in Podex Exchange http://www.podex.info. " Podex actually charges less than Linden Lab for Lindens.

The Podex Exchange is a sponsor for Second Life Newspaper.