This stuff is straight out of "Snow Crash" by Neal Stephenson. What's next? Facebook powered Metaverse and bikers with sovereign status because they pack personal nuclear weapons?
"As part of Mr. Lee's good neighbor policy, all Rat Things are programmed never to break the sound barrier in a populated area. But Fido's in too much of a hurry to worry about the good neighbor policy."
Given that Facebook owns the premiere Virtual Reality company right now, which employs one of the greatest 3D programmers living, who has explicitly stated that he'd like to create Stephenson's Metaverse for real, I think we're already well on the way to that one.
I'm almost in such a setup.