Are we going to stand for this ?

Allow me to prove it for En, and completely shatter your 'logic' at the same time:

LL creates the money.

Even were LL to sell money you payed for upload fees, it wouldn't matter if you payed them or not - they create the money.

Do you get it?

LL's supply of linden dollars is infinite.

It can never increase or decrease. They always have exactly the same amount, no matter how much is payed to them or how much they sell.

It does not matter if they "cash out" money or not - you are not giving them jack shit when you pay money to the mysterious Bank of Linden. They already have an infinite amount.

Infinity + any number, positive or negative, is still infinity.

So the economy that everyone a)boasts about b) invests in and c) uses as a rl job is then:
A false economy. That my friend, is going to go over like a shit balloon.

"Fire up the printin press Phil we are low on 20's"
"Gotta fix that market Robin, print me a few hundred thousand of them seed dollars"

If you don't think I don't know it's monopoly money then it's you who is mistaken. I am very aware of what is and is not real when it comes to funny money.

I do however wonder if the tax man commith.

Btw you know they have been adding 7% or so per mo, don't ya?

So it's not as steady as you might like to think.

Everyone else knows this. It's not some mystery. I'm not sure why it had to be explained to you. We all accept it when we start playing, except, I suppose, maybe ReserveBank.

Where, exactly, did you think your weekly stipend came from?



The tax man does not commith. It's play money.



Actually, no.

The LL supply, the "Bank", if you will, CAN NOT CHANGE. It is impossible for it to gain or loose money. Grok yet?

What changes is the amount of money in world, which is IN NO WAY related to the Bank.

When we talk about the economy, we are talking about the $L in circulation with the residents.

Where does the money go that we pay to upload? That too is part of the economy. Reguardless if those funds are hidden or not.

It needed to be explained to me because you felt the need to explain it. I did not ask for your explination on the matter.

Someone needs to give me the big book of whats acceptable to discuss and what the party line is in these forums. Do that and you may never hear me disagree with the assumptions that are thrown around so easily.

Again, unless LL opens their books for us all to see we are all just guessing. Guessing based on half truths that have been spoon fed to us.

Yes.

It goes to the lindens.

Who have infinite money.

It therefor ceases to exist.

Money is in no way related to the bank. Alrighty then.

How can it cease to exist when its being paid out? If it just ceses to exist then why are we paying it out. Obviously by your reasoning LL doesn't need it. So why should we throw those L$ away?

Actually, I'll give you this...

You asked En to explain it.

Out of my friendship for En, I decided to shoulder the burden.



I am not guessing. I know this for a fact. And so does everyone in SL, except, apparently, you. Even ReserveBank knows it, he just doesn't like it. It is logic of the most basic, elemental sort that I could ken it as a child of five. Infinity plus or minus anything is always, always, always infinity.

And you say you don't need it explained to you...

It's a way of controlling uploads. Same reason we used to pay taxes to rez prims. It's got nothing to do with "paying" the lindens... It's just taking money away from us, so we think twice before we fill their servers with high-rez pr0n.

What makes you think that?

I don't think that. I know that.

It's not my concept of how things worked tbh. I accept your explination but I am with ReserveBank on this one.

Actually, I don't think you are. ReserveBank doesn't like it because, even if I disagree with him, his interests in the linden are purely capitalistic.

Honestly how can we have a conversation if no concrete answers are given.

Ok you know it, but how do you know that the money for uploads just go poof? Am I just to take the word of another subscriber? I would rather see a quote by Philip or someone in charge of the economy on where that upload money goes. The logical thing for me to assume is it goes back to LL bank of SL in the money pool that pays stippends and dwell. I understand they own the printing press but it has also been abundantly clear that they do not like to print excessive amounts of lindens to drive their own economy down.

The point I am trying to figure out is if SL can be taken seriously as a marketing tool. I do not believe it can when the owners are priniting their own funny money and hiding or distroying funds without letting those who live in their economy the cold hard facts.

I have read a lot of "because I know it" well how do you know it?

Perhaps I have a capitalistic side as well that likes cold hard facts when it comes to investments.

$100 entertainment
$1000 serious fun
$5000 more serious fun or a start to a decent vacation
$10000 a serious investment.

That is in no way a logical thing to assume. Just to pull one of the metric assload of reasons this this is bogus, since you can't seem to understand the concept of infinity, the amount we get payed a week doesnt change.



Because infinity + anything always equals infinity.

Nobody is making you spend a red cent, so the point is moot.

Why thank you for not giving me an answer yet trying to insult me. I should of expected as much. So you just keep on spouting your flawed baseless knowlege and I will continue to ask those smart enough to give me a logical answer, since it escapes you.

"because I say so"

Is not good enough for me.

Who said they were? I didn't.

Okay, I'm starting to think you're just being difficult because you're bored, but lets try again anyway.

I thought this'd been covered enough times by now that I didn't relly need to, but felt like replying anyway.

Becuase there is absolutely no reason for LL to stock pile it at all, since they can change how much an avatar has at will and transfering all the sink money to an account somewhere would just be a waste of resources.

That and use some common sense, yes.

If it's really that important to you then put a post in the Answers forum asking for a statement to that effect.

Ah... The little Linden Dollars don't actually exist, there is no actual transfering of things anywhere - each account has a variable associated with it that is increased or decreased depending on what's happening. When you pay someone the money isn't actually transfered, the amount of money you have is decreased and the amount of money they have is increased.

I fail to understand what the money system has to do with using SL as a marketing tool.

They've released a load of data about the economy recently, go look it up if you're bothered. I can't even think of somewhere that they could be doing something underhanded with it.

Becuase I've read things Lindens have said and I have an understanding of how software works.

Oh, for pete's sake, Linden dollars aren't banked. They are created out of thin air. When you pay them to Linden Labs, they go back to thin air.


Kind of like US Treasury Reserve notes.

Alright I see that assumption. How about this one:

Advertizing dollars. Or using the find feature. Where does that money go? Also into thin air?