The following article is about a woman who was jailed after killing an online character, which was not hers. The details are a little hard to follow, but it simmers down to the fact that destroying someone else's digital property is wrong.
The market for imaginary material is limitless, and the value people place on these items is incredible. I'm surprised they can't retrieve the data for deleted items, it seems odd tey have no back up of the digital pixels, but perhaps i don't fully understand what it means to be "murdered" in this context.
The market for imaginary material is limitless, and the value people place on these items is incredible. I'm surprised they can't retrieve the data for deleted items, it seems odd tey have no back up of the digital pixels, but perhaps i don't fully understand what it means to be "murdered" in this context.
Not only is digital property considered "personal property", digital assets can be considered "real estate", which comes with even more legal implications. A few years ago, someone paid a few million for an island in Second Life.
Is that taxable?
Great question! I'm not sure about the sales transaction - like the tax when you buy a house or a car. It was done online, and there was no physical asset exchanged. However, I'm sure if the asset rises in value and is sold for a profit, there will be capital gains taxes. Likewise if it is sold at a loss, the loss can be used to offset other gains. Mind you - I'm no accountant or a tax attorney so this is all pure speculation!