Should I stay or should I go?
For months now I’ve been strongly considering dropping off Facebook altogether. Sure, it was cute & cuddly to find out what happened to all the people I cared about from my distant past without going through the bother of highschool reunions and other similar rot.
But wow – talk about the downsides. From the inability to block app requests from people who I’m realizing have brought their lack of sense & appropriate boundaries into the online world, to the awkward PDA’s…
Rant on: ladies, is it really age appropriate to be 40 and sending little ‘hearts’ to your BFF in plain view of everyone else who didn’t have coffee or lunch or a 3 day bender with you? It’s like Madonna at 75 still trying to be a sex symbol
Then we have the privacy issues, the annoying ads, and nearly constant reminders of all the reasons you dropped out of touch with many of those people in the first place.
For all the flap about Facebook’s IPO and virtual value – “where’s the $ in that” – there have been other businesses that made real world $ on virtual loot. Take South Korea’s recent example where the courts ruled that online money is the equal of real $
the Korean Supreme Court has ruled that the virtual currency of online games is effectively equal to real-world dollars.
The ruling came about as a result of a case against a pair of men …who purchased 234.0 million won (approximately $207,614.00 U.S.) worth of Aden on the cheap, reportsthe Korea Times, and resold it to gamers, making a cool profit of 20.0 million won (approximately $17,747.00 U.S.) in the process.
The pair was arrested on charges of illegally making money and were found guilty by a provincial court, which cited a law banning the swapping of real currency for virtual…. An appellate court overturned that ruling, before prosecutor’s appealed to the country’s Supreme Court, who ruled that acquiring in-game currency was a factor of skill, not luck.
It should be NO surprise that shortly thereafter, the South Koreans asserted the legality of collecting very real taxes on the ruled to be real $ from said virtual games 🙂 Warms the cockles of the heart for a true libertarian, no?
But back to Facebook – the IPO was a yawner, which means poor Jerry Brown doesn’t have much to help close his budget gap for the long haul.
Jerry Brown, and his economic team have been …hoping, among other things, that the Facebook offering, and other internet IPOs, might bring in enough money to stave off the state’s massive, growing deficit, now estimated at more than $16 billion. Yet even as the new IPO wave has risen, California’s fiscal situation has worsened while state tax collections around the nation have begun to rise
And that’s even before people like me get annoyed, and too bored to care about being on FB….