the SL Economy

Are you nuts? The Dollar has never been so low. It's even cheaper for me to buy something in the us and let it be send to me from the US than just buy it in the shop here in the street.

I really want to visit your planet someday. But back to Earth for a moment...

While I don't like a lot of what is going on in the US it's silly and childish to think W caused all our problems. Even a cursory glance at history since WWI would show you that we are dealing with issues from waaaaay back.

Blaming America may be cool right now but that doesn't make you intelligent when you regurgitate all the catch phrazes you learned from your Green Day album.

...so now, what does this have to do with SL's economy again?

Good economics analysis.

I agree with the last part of your post. However, the people that "spin" these ideas are from several different contrasting locations. I'm not saying they aren't skewed...I'm just saying this is what I've heard. Do you watch Glen Beck?

I remember Clinton doing really well for the economy.

Anyway, like you said...the economy has nothing to do with Bush or Iraq...I agree. In fact, wars usually strengthen the economy.

"War IS peace" ~Orwell

My planet is called belgium and it's far from the best country in the world? But at least we are free citizens.

btw i never listened to green day, it's US rubbish ok i didn't mean that

Honest question:

What would happen if a third party set up a Lindex? If it wasn't controlled by the issuing party, would it still be considered inappropriate? I've seen baseball card dealers who facilitate buying/selling lots of cards (by "lots" I don't mean "many", I mean "bunches" or "packs"...

The late 90s was a fictional world in a bubble that burst. Dot Com anyone?

The economy here is doing alright. It's not as good as it could be and people have moved away from having careers to having jobs (big difference) but it's definitely not the late 70s or the 30s!

My grandpa says "you're welcome for your freedom" btw.

War strengthen the economy of the winner. As the US is no winner in this war it does reflect on the economy. Why would I invest in US economy if you know they are fighting a war they can't win and will end up with a huge debt because of this war?

Glen Beck is a bit Biased.

Thats the problem with most economic numbers - they are often interpreted by biased sources. Either to the Left or to the Right.

A thrid party DID invent the LindenX

it was called GOM - (Gamers Online Market I believe)

LL tried to buy it when they decided it was time they had their own exchange - GOM wanted more money that LL was willing to pay - so LL made their own anyhow and ran GOM out of business.

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Chilly: May I most respectfully suggest that you SHUT UP!!!??!

This is exactly the sort of half-baked comment that the lawyers and legislators who want to regulate, tax, and/or shut down microcurrencies would love to introduce in evidence. You are playing into their hands.

Everyone, repeat after me: "The Linden Dollar Has No Intrinsic Value. It Is A Limited License Right Provided by Linden Lab to Facilitate Game Play."

I would love to repeat after you! >>>

"The Linden Dollar Has No Intrinsic Value. It Is A Limited License Right Provided by Linden Lab to Facilitate Game Play."

And therefore X is NOT against the law.

Fill in X with "what ever" it is you would like to do in SL which would normally come under scrutiny of laws where something of value is concerned.

They can't have it both ways.

Ahh, gotcha. Thanks! (I guess I never paid attention.)

Think it was before your time in SL.

Go read the forums on the GOM please and what LL did to them before continuing as this is KEY to what is happening now and to be frankly honest with you if you do not know what happened with the GOM then you really are not up to the level of being able to debate the current issues.

Once you understand what being "GOMed" means you'll have a little more insight.

LindeX was introduced around September-October 2005.

GOM wasn't the first 3rd party exchange to trade in L$, AFAIK. I believe that distinction belongs to IGE.

I just told them what they did. Its not all that horribly complicated.

SL wanted to have a currency Exchange.

They liked the GOM system

They approached GOM with an idea what they would pay.

GOM needed more than LL was willing to give. (for whatever reason)

So LL made a functional clone of GOM and ran GOM out of business.

I dont even think they said sorry as they trampled over them.

Yeah but GOM is the system they basically copied for LindenX

You know what? I'm really sick of your pedantic and long-suffering attitude.

And GOM copied it from other exchanges. There's only so many ways to run a currency exchange. There was nothing original about GOM.

GOM was not the first nor the only and there still are other exchanges but GOM was the one most deeply affected and talked about when the LindenX was introduced.

It would do no one harm to research back into what happened as far as the GOM is concerned when it comes to talking about the LindenX, LL, and how LL behaved.

LindenX was not something requested nor wanted and certainly not needed by the SL community or SL itself.

The LindenX is here because of the greed of LL and is at the core of many of the problems now faced by all of it's residents.

LL by creating the LindenX through thier greed is the reason our "monopoly money" has become "real" and "our world our imagination" is dying.

The LindenX is one of the worst things LL could have ever done if they truly wanted to keep thier fingers out of this world and what it would become.

Creating the LindenX and leaving it in place proves that LL is in it for LL and thier slogan is a lie.

Thats a good point of course.

GOM didnt take it from others that were dealing in Lindens though? I dont think.