As if real credit cards weren’t enough



Apparently you’ll be able to “go into real and virtual debt with Second Life’s MetaCard”, according to the Wired article of the same name. The article says that it’s a way to “fully succumb to that ‘buy it now, figure out how to pay for it later’ spirit we here in the U.S. have fully embraced.” No thank you.

What’s next, virtual debt reduction companies? I’m thinking someone will need it, because the annual interest rates will be between 47.45% and 54.75%. I guess I should check out Second Life before complaining about it, but I can’t help thinking that if I were going to create a virtual world, I’d want to create one without all of the downsides of real life.

Posted in Credit cards & loans on Sep 07, 2007

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