Ask the Editor: Free-floating Post Edit
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Surreal Farber
Cat Herder
Join date: 5 Feb 2004
Posts: 2,059
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05-09-2006 11:05
This session of Ask the Editor is provided to you in the interest of translating a particularly long and difficult to read post. It is over in SL Answer, so perhaps the Linden's would like to read the translation here. It's also brought by the letter blue and the number Z. Before:From: Lina Pussycat I'd like the lindens to read this do not take offense to it but ...... Removal of the stipends would actually lead to problems... 1 you would lose a big user base..... 2 you need to get rid of any sinks for the theories that the economist came up with that the economy can survive without the stipends. The fact you bring in an influx of L is actually keeping the economy afloat. I'd like to add in that 1 any new influx of money has to be purchased at an amount not everyone have the money in their pockets to do this and it would actually end up lessening the job basis that already exists in SL (which there isnt a huge job basis for starters...)
Also without getting rid of sinks while getting rid of stipends you actually cause an outflow of money... I gather the plan to put your own money out into the system but to make people pay for it is slightly unfair. Mind you stipends in retrospect seem to be a mass part of a monthly fee.... In theory look at the tier fee's for a 512 sq meter plot of land vs the monthly fee to go premium.... The premium monthly fee is 10 dollars vs 5 dollars for just land ownership. Do you plan on some sort of compensation in this retrospect if you do ultimately get rid of the stipends?
The wiser decision would be to have the stipends fluxate with value of the L and actually make it a part of the monthly fee IE we pay 10 dollars..... a month 5 of which is actually un stipulated to charge as far as being fair on charges.... now split the 5 dollars up into 4 weeks... then you have 1.25 USD worth of L a week that should in fact be given without cutting down costs or compensating some type of land area.... IE giving the basis of land for a premium account to be 1024 by default. One way or another if you get rid of stipends the cost for premium either needs to be cut down or a land value needs to be given in compensation...
To deal with sinks its not a smart idea to keep it if these are actually the plans.... 1 you creating a system that makes it hard for content creators to get things going for themselves at all.... Thus you end up effectively making a big part of how SL operates intentionally harder then it already is and make yourselves seem to be a bit greedy.
In closing i'd like to state that any removal of stipends would actually be a bad thing. A controlled method on the other hand would be favorable.... looking at the current value of L as far as a week average and then giving a stipend based on that. There is no good way to actually stabalize the economy of SL unless the users are willing to stabalize it or you actually start to put some safety area's into Lindex.
I'd like to put into theory what i have stated b4. Those users that choose to sell mass amounts of L at a higher price mabye penalize them instead of all users... Look at it this way allow a certain margin over a given time if people go over that margin take a higher cut then look at the quanity at which they are selling if its high at that value take a bit more of a cut.
Removal of the stipends makes the whole community suffer for some problems that a few people cause and justly is unfair... I would like the Lindens to read this. Please do not take offense, but removing stipends would lead to following problems: - loss of a large number of residents
- need to balance sinks against lack of stipends
The influx of $L is currently keeping the economy afloat. Also, not everyone has the $USD to purchase $L if that is the only option. So removing stipends would cause fewer jobs in an economy where there aren't many to start with. If you remove stipends without removing sinks you will cause an outflow of money. I gather from Robin's post that Linden Labs plans to print $L to sell directly for $USD. I think this is unfair. In retrospect, stipends seem to be part of a monthly fee, if you look at the 512m tier fee versus the monthly premium fee. The premium monthly fee is $10 versus $5 for just land ownership. Do you plan to lower the premium fee if you get rid of stipends? It would be wiser to have stipends tied to the value of the $L and make it part of the monthly fee. For example, we would pay $10, $5 of which is used to purchase $L from the market and pay it to us in 1-week increments ($1.25 worth of $L per week). This would replace stipends without cutting costs or some type of land area compensation, since premium land is by default 1024m. It is not a smart idea to keep sinks if you plan to remove stipends because: - you create a system that makes it hard for content creators to establish/maintain themselves
- you make SL more difficult than it already is for a large percentage of SL residents
- you appear a bit greedy
In closing I'd like to stat the removing stipends would be bad. It would be better to adopt a controlled method of linking the stipend to the $L market value. There are no other good ways to stabilize SL's economy unless the users are willing to stabilize it themselves, or Linden Lab is willing to put some safety areas in the Lindex. I'd like to put into theory what I stated before. You should consider penalizing those residents who choose to sell large quantities of $L instead of all users. Perhaps by charging them higher fees based on their $L sales over time. Ending stipends will make the whole community suffer for the acts of a few people and it is just unfair. ------------------------------ For those of you who scan, skim, and rush to the bottom of long posts, the above is a translation and has nothing whatsoever to do with my opinions.
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Surreal
Phobos 3d Design - putting the hot in psychotic since 2004
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Travis Lambert
White dog, red collar
Join date: 3 Jun 2004
Posts: 2,819
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05-09-2006 11:10
Wow... I feel much better now. Someone actually misuses elipses more than I do 
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Nepenthes Ixchel
Broadly Offended.
Join date: 6 Dec 2005
Posts: 696
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05-10-2006 01:52
From: Travis Lambert Wow... I feel much better now. Someone actually misuses elipses more than I do I'm a card-carrying member of the Spoken Pause School Of Applied Comma-ography, and I feel no hesitation in inserting an elipses when writing in a conversational style... such as I am doing now. *grins* I didn't read the original post though. Too long. The core argument (clearly visible in Surreal's edit) is enough to tell me I don't care about another stipend-related whine. |
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Eggy Lippmann
Wiktator
Join date: 1 May 2003
Posts: 7,939
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05-10-2006 02:07
Your link doesnt work.
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Surreal Farber
Cat Herder
Join date: 5 Feb 2004
Posts: 2,059
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05-10-2006 05:39
From: Eggy Lippmann Your link doesnt work. The original has been edited several times since I captured the text. Torley has also answered it. Maybe it got migrated.
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Surreal
Phobos 3d Design - putting the hot in psychotic since 2004
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Lina Pussycat
Texture WizKid
Join date: 19 Jun 2005
Posts: 731
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ok...
05-11-2006 18:46
i'd like to state for the record that english isnt my first language. Japanese is. And my grammar has nothing to really do with the fact of my subject matter its really just about reading what is there if people cant understand it as is well im not sure but really you can pretty much understand it if you actually bother to read the full thing rather then skimming it. My posts mainly arnt meant to be skimmed and this isnt school or a magazine folks im not trying to impress anyone here !
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Lina Pussycat
Texture WizKid
Join date: 19 Jun 2005
Posts: 731
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as a side note...
05-11-2006 19:05
i'd like to instate that early in life i was mainly taught schooling by people in many different countries so my grammar and things are rather garbled basically something construed together by a mess of about 12 different countries (Hence why i do texture work) . I'm not a writer im not trying to compete with anyone nor do i have to. Another fact is i post things how they are thought out in my head and get to my hands to type them im not going to take an hour to skim over it to make sure grammar puncuation and capatilzation are right. The post was meant to be towards the linden's not most other users anyways.
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Dhalia Unsung
confused not conditioned
Join date: 30 Dec 2004
Posts: 297
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05-11-2006 19:17
From: Lina Pussycat i'd like to state for the record that english isnt my first language. Japanese is. And my grammar has nothing to really do with the fact of my subject matter its really just about reading what is there if people cant understand it as is well im not sure but really you can pretty much understand it if you actually bother to read the full thing rather then skimming it. My posts mainly arnt meant to be skimmed and this isnt school or a magazine folks im not trying to impress anyone here ! yes but... people are more likely to read your posts, and therefore you can spread the word if at least you could use paragraphs. im pretty sure no one asked you to write for a magazine. I actually thought it was quite nice of the OP to rewrite this so it was easier to read. To make another point your english is quite good for it being your second language. And to make my last point: I agree with you wholeheartedly |
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Lina Pussycat
Texture WizKid
Join date: 19 Jun 2005
Posts: 731
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the problem is...
05-11-2006 19:21
look how much i write first off lol you wanna edit it for yourself be my guest but thats how i convey the point i did try to use paragraphs as much as possible in my post if you actually look there are double spaces i cant really indent on forums have tried in the past and they quite often jsut set it back a line! nor am i really that familair with the forum tools i use it to post my point i dont fool around in the forums to learn bullets to make lil circle thingies...
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Surreal Farber
Cat Herder
Join date: 5 Feb 2004
Posts: 2,059
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05-12-2006 07:43
From: Lina Pussycat look how much i write first off lol you wanna edit it for yourself be my guest but thats how i convey the point i did try to use paragraphs as much as possible in my post if you actually look there are double spaces i cant really indent on forums have tried in the past and they quite often jsut set it back a line! nor am i really that familair with the forum tools i use it to post my point i dont fool around in the forums to learn bullets to make lil circle thingies... Lina, My experience has been that people for whom English is a second language typically have a better grasp of English than some native speakers. I'm sure your English is better than our Japanese. My point for rewriting your post is that you obviously had an important idea. I assume your reason for writing the Lindens is to inform, persuade, and get a useful answer. The reality is that a post that is difficult to read and understand rarely achieves those goals. In view of English being your second (or maybe 3rd) language, I would be happy to help you edit any future posts you wanted to make to the Lindens. I think it's a shame when important messages get lost in formating white noise.
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Surreal
Phobos 3d Design - putting the hot in psychotic since 2004
Come see our whole line of clothing, animations and accessories in Chaos (37, 198, 43)
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Kelly Nordberg
Registered User
Join date: 12 Mar 2006
Posts: 116
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05-12-2006 09:03
Lina, English is not my first language either, so I understand where you are coming from  It is true that an economy needs influx of currency for it to grow, to facilitate more transactions. I think we agree that the current stipend system is flawed. The current system is a fixed money printing machine, no matter if the residents need that money or not. And as the LindeX/ LL released economical data indicate, the money supply far out pace the demand, this lead to the downward spiral of $L, ever since the beginning of LindeX. The key at this time seems to be to match the $L influx to the demand. How do we do it, as you have mentioned in your post, as well as myself and others in other post, removing stipend is ONE options. /130/92/105352/9.html#post1032080You raise valid points about residents who prefer to have a subscription based, stipend or rather standing buy order at a fixed price every week. 500 $L per week at 250, 288, or 361 per USD( if we ignore the initial 512 m2 “free” tier). And what LL can do is to do exactly that, with the new TOS change, LL can now buy $L from the LindeX at market value, release them to the subscribers( more like options holder) at the promised prices as stipends, instead of printing new $L every time. However this would not solve the problem in the long run as we have already mentioned we need a net influx of $L to help the economy grows. What need to happened is this, LL would need to have a monetary policy, mainly someone to act like the FED/ central bank to evaluate the money supply and economic growth and release additional $L through stipends/ instructor payment (i.e. instead of buying all the stipend needs from LindeX print additional $L, but rather then 100% of stipend as new money, a percentage would be from LindeX) Someone with a PhD in economy would probably be needed for the job. Since there is no banking system in SL, they can’t adjust interest rate. A good gauge would be the $L value in Lindex, a chosen price point would be the nominal exchange rate. LL would then print more or less $L to stabilize the rate. I think it would be something around 300 to 325. 250 /USD will never happen again, unless LL is willing tighten their belt and get all the stipend needs from Lindex for an extended period, not to mention the easily gamed “annual account” Linden farm. Another thing to consider, should LL offer a new “land owner” account: 512 m2 initial tier, no stipend. For resident who do not rely on stipends, could this be an option? Or just give basic account members the option to own land by paying the land tier fee. In any case it requires LL to get serious and forego part of the revenue they get per month by just printing money. However this approach would tie LL’s RL revenue to the growth of the economy directly, aligning their reward with the goal of successful SL economy.
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Kelly Nordberg
~~ Maiden Guard Armory ~~
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FlipperPA Peregrine
Magically Delicious!
Join date: 14 Nov 2003
Posts: 3,703
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05-12-2006 13:01
Daer eidotr,
fi yuo cna raed tihs, yuo hvae a sgtrane mnid, too. Cna yuo raed tihs? Olny 55 plepoe tuo fo 100 anc. i cdnuolt blveiee taht I cluod aulaclty uesdnatnrd waht I was rdanieg. The phaonmneal pweor of the hmuan mnid, aoccdrnig to a rscheearch at Cmabrigde Uinervtisy, it dseno't mtaetr in waht oerdr the ltteres in a wrod are, the olny iproamtnt tihng is taht the frsit and lsat ltteer be in the rghit pclae. The rset can be a taotl mses and you can sitll raed it whotuit a pboerlm. Tihs is bcuseae the huamn mnid deos not raed ervey lteter by istlef, but the wrod as a wlohe. Azanmig huh? yaeh and I awlyas tghuhot slpeling was ipmorantt!
Rgerads,
FilprrPeA
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Lucifer Baphomet
Postmodern Demon
Join date: 8 Sep 2005
Posts: 1,771
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05-12-2006 13:24
From: FlipperPA Peregrine Daer eidotr,
fi yuo cna raed tihs, yuo hvae a sgtrane mnid, too. Cna yuo raed tihs? Olny 55 plepoe tuo fo 100 anc. i cdnuolt blveiee taht I cluod aulaclty uesdnatnrd waht I was rdanieg. The phaonmneal pweor of the hmuan mnid, aoccdrnig to a rscheearch at Cmabrigde Uinervtisy, it dseno't mtaetr in waht oerdr the ltteres in a wrod are, the olny iproamtnt tihng is taht the frsit and lsat ltteer be in the rghit pclae. The rset can be a taotl mses and you can sitll raed it whotuit a pboerlm. Tihs is bcuseae the huamn mnid deos not raed ervey lteter by istlef, but the wrod as a wlohe. Azanmig huh? yaeh and I awlyas tghuhot slpeling was ipmorantt!
Rgerads,
FilprrPeA I kenw aubot tihs lnog ago, Fpelipr.
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I have no signature,
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Jeska Linden
Administrator
Join date: 26 Jul 2004
Posts: 2,388
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05-12-2006 13:36
Moved to the Sandbox.
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Surreal Farber
Cat Herder
Join date: 5 Feb 2004
Posts: 2,059
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05-12-2006 13:41
From: FlipperPA Peregrine Daer eidotr,
fi yuo cna raed tihs, yuo hvae a sgtrane mnid, too. Cna yuo raed tihs? Olny 55 plepoe tuo fo 100 anc. i cdnuolt blveiee taht I cluod aulaclty uesdnatnrd waht I was rdanieg. The phaonmneal pweor of the hmuan mnid, aoccdrnig to a rscheearch at Cmabrigde Uinervtisy, it dseno't mtaetr in waht oerdr the ltteres in a wrod are, the olny iproamtnt tihng is taht the frsit and lsat ltteer be in the rghit pclae. The rset can be a taotl mses and you can sitll raed it whotuit a pboerlm. Tihs is bcuseae the huamn mnid deos not raed ervey lteter by istlef, but the wrod as a wlohe. Azanmig huh? yaeh and I awlyas tghuhot slpeling was ipmorantt!
Rgerads,
FilprrPeA smart ass
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Surreal
Phobos 3d Design - putting the hot in psychotic since 2004
Come see our whole line of clothing, animations and accessories in Chaos (37, 198, 43)
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Jake Reitveld
Emperor of Second Life
Join date: 9 Mar 2005
Posts: 2,690
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05-12-2006 15:23
Now this is a good post. I am goig to dig up a gem or two.
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