When we speak of virtual economies, the first thing that may come to mind is the immersive 3D worlds like Second Life, etc. But the entire internet can be considered an near-infinite virtual world, where anything that happens is part of the complex “life” of that space. The web of activities that we participate in leave an indelible trace and builds up a significant virtual persona (for better or worse.) The Yale Law Journal has published an interesting article that discusses how to legally deal with this space where reputation becomes a kind of currency, the substance of value rather than any kind of object or item. They wonder, can reputation be considered property in this instance, with the all the legal recourse that would come with theft or damage?

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