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Lindex Closing in v 1.8: LL reverses position on Currency trading

Jauani Wu
pancake rabbit
Join date: 7 Apr 2003
Posts: 3,835
11-24-2005 15:37
Linden Lab announced it is reversing it's position on allowing the exchange of its L$ currency for USD in the next version of Second Life.

Long time investors in the platform who've spent countless hours creating content for other players decry foul play while Linden Lab considers appropriate compensation to players with now worthless Linden Dollars.

Max Case of the "It's a Game" Lobby asserts compensation is subsidization of poor investment specualtion. Veteran Second Lifer and professional economist, Cristiano Midnight reminds us that Second Life is risky business, and fair compensation is undeserved.
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Jauani Wu
hero of justice
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Aaron Levy
Medicated Lately?
Join date: 3 Jun 2004
Posts: 2,147
11-24-2005 15:44
Huh? How come I always miss announcements like this?
Kazuo Murakami
Sofa King
Join date: 31 Aug 2005
Posts: 359
11-24-2005 15:47
Uh huh.

Zodiakos Absolute
With a a dash of lemon.
Join date: 6 Jun 2005
Posts: 282
11-24-2005 15:49
Because I think this is a tasteless parody of the announcement of point to point teleporting. Nothing to see here.
Gwyneth Llewelyn
Winking Loudmouth
Join date: 31 Jul 2004
Posts: 1,336
11-24-2005 15:50
Did the "Land & Economy" thread became the comic relief forum group overnight and we have all missed it? :-)
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DogSpot Boxer
vortex thruster
Join date: 23 Aug 2005
Posts: 671
11-24-2005 15:54
From: Jauani Wu
Linden Lab announced it is reversing it's position on allowing the exchange of its L$ currency for USD in the next version of Second Life.

Long time investors in the platform who've spent countless hours creating content for other players decry foul play while Linden Lab considers appropriate compensation to players with now worthless Linden Dollars.

Max Case of the "It's a Game" Lobby asserts compensation is subsidization of poor investment specualtion. Veteran Second Lifer and professional economist, Cristiano Midnight reminds us that Second Life is risky business, and fair compensation is undeserved.


You left out Blaze.
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blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
11-24-2005 15:57
Yeah, and if you whine when this happens all I can say is that you were duely warned:



From: someone

6.4 Second Life Currency. You acknowledge that the Second Life service presently includes a component of in-world fictional currency. You agree that Linden has the absolute right to manage, regulate, control, modify and/or eliminate such currency as it sees fit in its sole discretion, and that Linden will have no liability to you based on its exercise of such right.
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ReallyRick Metropolitan
Yes it's really me.
Join date: 4 Jun 2005
Posts: 691
11-24-2005 15:57
I think this is a brillant ploy by Wu to drive down the cost of Lindens so people like me who only buy them can get more for our money. BRAVO!
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Jauani Wu
pancake rabbit
Join date: 7 Apr 2003
Posts: 3,835
11-24-2005 16:16
From: ReallyRick Metropolitan
I think this is a brillant ploy by Wu to drive down the cost of Lindens so people like me who only buy them can get more for our money. BRAVO!


here is what i think of the linden dollar value: a dirt cheap L$ good for SL
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http://wu-had.blogspot.com/
read my blog

Mecha
Jauani Wu
hero of justice
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"Oh Jauani, you're terrible." - khamon fate


Lawrence Linden
Linden Lab Developer
Join date: 25 Jun 2005
Posts: 235
11-24-2005 19:39
From: Jauani Wu
Linden Lab announced it is reversing it's position on allowing the exchange of its L$ currency for USD in the next version of Second Life.


Somehow I don't find this post amusing. For those new to the forums, Jauani's post is an attempt at humor, and not a true announcement about any sort of change with LindeX.

Cheers,
Lawrence
Jeska Linden
Administrator
Join date: 26 Jul 2004
Posts: 2,388
11-24-2005 20:09
I agree with Lawrence, this thread isn't appropriate for the SL forums and as such is being closed.