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Annabelle Babii
Unholier than thou
Join date: 2 Jun 2007
Posts: 1,797
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08-25-2007 14:47
This is just a point I wanted to make based on some of the Gambling, Ginko, and Land threads. Think of it as a resident answer to an unasked question.
People keep pushing for LL to stop allowing the exchange of $L for "real money."
Let's say this happens.
All $L stays in-world.
Thousands of premium members get their weekly stipend.
Tens of thousands buy $L to spend.
No one has any utilities, taxes, food, or other neccessities in SL. Purchasing is completely voluntary. Tier needs to be paid with real money.
The total amount of $L in-world keeps increasing, but doesn't really go anywhere.
Landlords stop renting since the $L has no real value. They can't cash it in to pay tier.
Suddenly everyone has $L coming out of their... shoes.
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Tegg Bode
FrootLoop Roo Overlord
Join date: 12 Jan 2007
Posts: 5,707
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08-25-2007 15:19
From: Annabelle Babii This is just a point I wanted to make based on some of the Gambling, Ginko, and Land threads. Think of it as a resident answer to an unasked question.
People keep pushing for LL to stop allowing the exchange of $L for "real money."
Let's say this happens.
All $L stays in-world.
Thousands of premium members get their weekly stipend.
Tens of thousands buy $L to spend.
No one has any utilities, taxes, food, or other neccessities in SL. Purchasing is completely voluntary. Tier needs to be paid with real money.
The total amount of $L in-world keeps increasing, but doesn't really go anywhere.
Landlords stop renting since the $L has no real value. They can't cash it in to pay tier.
Suddenly everyone has $L coming out of their... shoes. So in other word you think the money people cash out to pay tier doesn't come from people putting money in? So if they were able to pay tier in $L landlords couldn't get money to pay their tier because they need money to be able to be taken out more than being able to be put in. Perhaps we should be campaining for stopping people cashing in for the good of the Landlords?
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Level 38 Builder [Roo Clan]
Free Waterside & Roadside Vehicle Rez Platform, Desire (88, 17, 107)
Avatars & Roadside Seaview shops and vendorspace for rent, $2.00/prim/week, Desire (175,48,107)
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Avacea Fasching
Certified
Join date: 23 Dec 2005
Posts: 481
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08-25-2007 18:42
From: Annabelle Babii
People keep pushing for LL to stop allowing the exchange of $L for "real money."
Who?? If that ever happened, it would be a real show stopper!!!!! Some people invest real $ into SL, there would be a lot of upset people if they couldn't cash out real $.
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post spelling was checked using - Speak & Spell
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Mickey James
Registered User
Join date: 4 Nov 2006
Posts: 334
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08-25-2007 19:08
From: Tegg Bode So in other word you think the money people cash out to pay tier doesn't come from people putting money in? So if they were able to pay tier in $L landlords couldn't get money to pay their tier because they need money to be able to be taken out more than being able to be put in.
Perhaps we should be campaining for stopping people cashing in for the good of the Landlords? The only way to handle tier without people being able to cash out is if landlords allowed you to pay them USD directly which they in turn would pay to LL for tier. My landlord in fact does allow this, but I doubt that it is a universal thing. The drawback to this is that people who earn enough through their businesses to make their tier payments from it would be hosed. Suddenly it would not matter how many thousands of L$ they have from sales, they will still have to pay their landlords in real money, and they can no longer sell any of those L$ to get it. That would really seriously upset the established status quo. Showstopper, I don't know, but unlike many of the other things that people predict the death of SL over, that one would be entirely plausible. |
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Brenda Archer
Registered User
Join date: 28 Apr 2005
Posts: 557
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08-25-2007 19:17
From: Mickey James The only way to handle tier without people being able to cash out is if landlords allowed you to pay them USD directly which they in turn would pay to LL for tier. My landlord in fact does allow this, but I doubt that it is a universal thing.
The drawback to this is that people who earn enough through their businesses to make their tier payments from it would be hosed. Suddenly it would not matter how many thousands of L$ they have from sales, they will still have to pay their landlords in real money, and they can no longer sell any of those L$ to get it.
That would really seriously upset the established status quo. Showstopper, I don't know, but unlike many of the other things that people predict the death of SL over, that one would be entirely plausible. Well said. It won't happen, because the content creators are needed to advance the state of the world. An SL with only amateur-beginner content would lose many residents to virtual "worlds" with better looks. The selfishness of the people who would hose everyone and everything in SL, including many established communities, just to get gambling back, is astonishing. |
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Jesseaitui Petion
king of polynesia :P
Join date: 2 Jan 2006
Posts: 2,175
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08-25-2007 19:19
From: Avacea Fasching Who??
If that ever happened, it would be a real show stopper!!!!!
Some people invest real $ into SL, there would be a lot of upset people if they couldn't cash out real $. It sure would. THAT is basically what makes SL such a wonderful place to be. User created content with the ability to make real world cash, it keeps people coming back.
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a i t u i // Tattoo & Fashion House
http://slurl.com/secondlife/Aitui/127/128/41
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