Life over IP (LoIP)

LoIP (n) Acronym for Life over Internet Protocol. Refers to the increasing prevalence of social lives that are led entirely online. Common usage: An IM message may proceed thus: 'Hey John, how's LoIP?' 'Oh, not bad. I'm just updating my blog. Any further questions you may have about my well-being will be answered there.'

(Stolen from Stuff magazine.)