More on Virtual Assets

The other day I posted on Second Life, which seems to be trying to do something eerily similar to the virtual world in Snow Crash.  TJIC has more, from an article in the WaPo:

"¦Earlier this month, U.S. Circuit Judge Richard A. Posner visited
Second Life, appearing as a balding, bespectacled cartoon rendering of
himself, and addressed a crowd of other animated characters on a range
of legal issues, including property rights in virtual reality. Posner
stressed that it was in Linden Lab's interest to ensure due process and
other rights.

"They want people to invest in Second Life, and we know
people won't invest if their rights are not reasonably secure," he told
the audience, which included a giant chipmunk and several supermodels.
He went on to predict the eventual emergence of an "international law of virtual worlds" similar to international maritime law"¦