Quality of life in the virtual world will perhaps be better than that of the real world. In fact, this is my explanation for the fermi paradox. Most aliens out there have essentially "given up" the idea of exploring because everything is just too far away and they simply can't bend the rules of physics. So they're all living in the matrix.
I'll quote the relevant bit, "Imagine for a moment that you are a happy little photon created by a star in another galaxy some 4 billion light years away. From my perspective here on Earth, it took you exactly 4 billion years to travel from that star till you reached my retina. From your perspective, one instant you were created and then the next, you are are bouncing off or being absorbed by my eyeball. You experienced no passage of time. Your birth and death happened instantaneously.
This is because time slows for you as your get closer to light speed, and at it, it completely stops. This is also another reason why nothing can go faster than light. It would be like slowing down a car to a stop, and then trying to go slower than completely stopped."
Edit: The Planck Dive is a follow-on.[0]
[0] http://gregegan.customer.netspace.net.au/PLANCK/Complete/Pla...
If that ever happens, you'd better hope that the Novikov self-consistency principle [0] holds, or be ready to deal with the inevitable causality violations.[1]
[0] https://en.wikipedia.org/wiki/Novikov_self-consistency_princ...
[1] http://www.askamathematician.com/2012/07/q-how-does-instanta...
Why would we need to prevent this?