Welcome to the Second Life Forums Archive

These forums are CLOSED. Please visit the new forums HERE

End Stipends Now

Rathe Underthorn
Registered User
Join date: 14 May 2003
Posts: 383
06-08-2006 19:41
I believe in a stable economy for the overall stability and growth of Second Life. If Second Life is to be more than a game then it must provide an environment that supports creativity and rewards innovation.

History has proven that in stable and flourishing economies innovation excels and communities prosper. More arts, more ideas, more culture, and higher standards of living. Whereas it is quite the opposite in unstable economies with poorer standards of living. Less arts, less entertainment, poorer education, and less innovation.

That being said, I have put my money where my mouth is. Every Tuesday I receive L$500 in the form of a free stipend. This stipend is the number one significant cause of the devaluation of the L$ as a currency with disasterous effects on the economy causing rampant inflation. I have removed one year of stipend, or L$26,000 from the Second Life economy by publishing a classified ad in the amount of L$26,000 to spread the word of the negative impact stipends have on the stabilization of Second Life as a platform.

Please join me in spreading the message by adding your own classified ad or collaborating on higher ranking ones. Put your money where your mouth is and lets END STIPENDS NOW!
_____________________
ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
06-08-2006 19:49
End Stipends... w00t
_____________________
Musicteacher Rampal
Registered User
Join date: 20 Feb 2004
Posts: 824
06-08-2006 20:10
Wow if you have $26,000 extra to place a classified add then you surely don't need your stipend. I however who use SL for pure entertainment, have no desire to work a second job in SL, and have no extra $US to buy $L's with will happily keep my stipend and spend it supporting content creators in my own way...purchasing their goods. There is something satisfying about having to save up to get what I want in SL.

I think you have a great idea....all those who feel that stipends are evil and want them removed, spend yours on sinks to get them out of the economy. But please stop calling for the end of our fun! "our" meaning those of us who need the stipend because we are already putting all the $US we can afford into tier.
Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
06-08-2006 21:38
From: Rathe Underthorn
I believe in a stable economy for the overall stability and growth of Second Life. If Second Life is to be more than a game then it must provide an environment that supports creativity and rewards innovation.

History has proven that in stable and flourishing economies innovation excels and communities prosper. More arts, more ideas, more culture, and higher standards of living. Whereas it is quite the opposite in unstable economies with poorer standards of living. Less arts, less entertainment, poorer education, and less innovation.

That being said, I have put my money where my mouth is. Every Tuesday I receive L$500 in the form of a free stipend. This stipend is the number one significant cause of the devaluation of the L$ as a currency with disasterous effects on the economy causing rampant inflation. I have removed one year of stipend, or L$26,000 from the Second Life economy by publishing a classified ad in the amount of L$26,000 to spread the word of the negative impact stipends have on the stabilization of Second Life as a platform.

Please join me in spreading the message by adding your own classified ad or collaborating on higher ranking ones. Put your money where your mouth is and lets END STIPENDS NOW!


Damn right.

END STIPENDS NOW!!!!
mcgeeb Gupte
Jolie Femme @}-,-'-,---
Join date: 17 Sep 2005
Posts: 1,152
06-08-2006 22:32
From: Rathe Underthorn
I believe in a stable economy for the overall stability and growth of Second Life. If Second Life is to be more than a game then it must provide an environment that supports creativity and rewards innovation.

History has proven that in stable and flourishing economies innovation excels and communities prosper. More arts, more ideas, more culture, and higher standards of living. Whereas it is quite the opposite in unstable economies with poorer standards of living. Less arts, less entertainment, poorer education, and less innovation.

That being said, I have put my money where my mouth is. Every Tuesday I receive L$500 in the form of a free stipend. This stipend is the number one significant cause of the devaluation of the L$ as a currency with disasterous effects on the economy causing rampant inflation. I have removed one year of stipend, or L$26,000 from the Second Life economy by publishing a classified ad in the amount of L$26,000 to spread the word of the negative impact stipends have on the stabilization of Second Life as a platform.

Please join me in spreading the message by adding your own classified ad or collaborating on higher ranking ones. Put your money where your mouth is and lets END STIPENDS NOW!


I put way more than that into the classifieds the past several months!!!! Ending stipends will kill the economy. Sure the value of the Linden will rise for a while, but the L will become too scarce especially with the number of increasing accounts. Keep the per capita per player what is should be at and if that becomes to low it will be bad. If the per capita per player does indeed go up, then REDUCE the stipend ONLY.

9 months ago there was rating bonuses, full dwell payments and all stipends and things were just fine.
Weedy Herbst
Too many parameters
Join date: 5 Aug 2004
Posts: 2,255
06-08-2006 22:53
I pay $600L a week in directory fees, every week at stipend time, my account is 100L less.
_____________________
Jonas Pierterson
Dark Harlequin
Join date: 27 Dec 2005
Posts: 3,660
06-08-2006 23:44
From: Rathe Underthorn
I believe in a stable economy for the overall stability and growth of Second Life. If Second Life is to be more than a game then it must provide an environment that supports creativity and rewards innovation.

History has proven that in stable and flourishing economies innovation excels and communities prosper. More arts, more ideas, more culture, and higher standards of living. Whereas it is quite the opposite in unstable economies with poorer standards of living. Less arts, less entertainment, poorer education, and less innovation.

That being said, I have put my money where my mouth is. Every Tuesday I receive L$500 in the form of a free stipend. This stipend is the number one significant cause of the devaluation of the L$ as a currency with disasterous effects on the economy causing rampant inflation. I have removed one year of stipend, or L$26,000 from the Second Life economy by publishing a classified ad in the amount of L$26,000 to spread the word of the negative impact stipends have on the stabilization of Second Life as a platform.

Please join me in spreading the message by adding your own classified ad or collaborating on higher ranking ones. Put your money where your mouth is and lets END STIPENDS NOW!


You get a free stipend? Where do I get one of those? I pay my premium fees to get my PAID FOR IN ADVANCE stipend. Get your head out of the economics only side of the game and learn to relax..really. I always sort classifieds in an ascending order, starting at the 50 linden ads, so i guess I won't have to see your BS then, right? Good.
_____________________
Good freebies here and here

I must protest. I am not a merry man! - Warf, ST: TNG, episode: Qpid

You killed my father. Prepare to die. - Inigo Montoya, The Princess Bride

You killed My father. Your a-- is mine! - Hellboy
Lewis Nerd
Nerd by name and nature!
Join date: 9 Oct 2005
Posts: 3,431
06-08-2006 23:44
From: Rathe Underthorn
Every Tuesday I receive L$500 in the form of a free stipend.


Wrong - as has been repeated countless times.

You do not get it free, it is part of the premium account package.

Many of us RELY on that pittance per week just to exist. I pay out several hundred every week in classified and parcel directory charges, plus who knows how much in texture uploads when I'm feeling creative.

If you don't want your stipend, that's your choice - but instead of hurting everyone, why not donate it to a good cause like The Shelter or YadNi's, or even stick up a money tree if you're that desperate to get rid of it.

Or... just..... don't spend it, it's as simple as that. Nobody says you have to cash out on Lindex and make the 'economy problem' worse by the falling L$ value.

I see both sides of the argument and in balance, retaining stipends is by far the preferable option, when you consider the alternative of reduced players, reduced content, and a stagnating, empty world. It's bad enough as it is with the poor retention rate - right now, there are less than TWO PERCENT of the 'population' online, being the normal daily average I see online. Is that the mark of a flourishing groundbreaking vision of the future? Not in my book.

Lewis
_____________________
Second Life Stratics - your new premier resource for all things Second Life. Free to join, sign up today!

Pocket Protector Projects - Rosieri 90,234,84 - building and landscaping services
Rathe Underthorn
Registered User
Join date: 14 May 2003
Posts: 383
06-09-2006 01:09
I didn't choose to cash it out because this is not about my bottom line, it is about the growth and stability of Second Life. A hope to see it become a dependable and open platform that embraces the very core ideas behind Second Life. I put my stipend right back where it came from to prove that.

I am not focused purely on the economics of Second Life. I have been in Second Life for over 3 years and and believe strongly in it. I have seen Second Life go through countless changes and growing pains far worse than this. I want to see it continue and develop into a larger more diverse and open community that fosters creativity and innovation. A social platform that enhances our daily lives rather than a game that escapes them.

Reliance on stipends is a crutch and using those stipends to buy content only hurts content creators because the stipend L$ you are using is quickly losing its value. It's like using monopoly money to buy milk. I realize it would be very hard to to give up such a crutch and a gentle reduction over time is more ideal than cold turkey so that people have time to adapt.

If nothing changes then inflation will continue. The fixed amount of stipend you receive weekly will have little to no purchasing power. Content creators will be forced to raise their prices to adjust. Items that you were once able to purchase with your L$500 stipend will then cost you L$1,000, L$2,000, or much more. Cashing out your stipend to help pay for monthly tier or premium account fees will no longer help because the L$ will have very little value against the US dollar.

In effect, the end result is that you still end up receiving essentially nothing (L$0 stipend worth $0.00 USD vs. L$500 stipend worth $0.01 USD) but the economy of Second Life becomes too unstable in the interm and many more people leave Second Life out of financial trouble than would leave today if stipends were ended and a real stable economy was developed now.
_____________________
Rathe Underthorn
Registered User
Join date: 14 May 2003
Posts: 383
06-09-2006 01:25
From: Lewis Nerd
Wrong - as has been repeated countless times.

You do not get it free, it is part of the premium account package.


For the record, mine is free, as I pay $0.00/monthly since I was willing to invest into Second Life very early on as a lifetime account member. There are also very many basic accounts that still receive a L$50 weekly stipend without paying a premium.

With that in mind though I do understand how people rely on stipend to support their premium accounts and tiers but you must realize if nothing changes that a valueless stipend (against the USD) will not help those people anymore than no stipend at all would.
_____________________
Lewis Nerd
Nerd by name and nature!
Join date: 9 Oct 2005
Posts: 3,431
06-09-2006 02:27
From: Rathe Underthorn
For the record, mine is free, as I pay $0.00/monthly since I was willing to invest into Second Life very early on as a lifetime account member. There are also very many basic accounts that still receive a L$50 weekly stipend without paying a premium.


Lucky you... that's, what, 1% of the overall population or something? You have to consider the majority in any of these discussions

From: Rathe Underthorn
With that in mind though I do understand how people rely on stipend to support their premium accounts and tiers but you must realize if nothing changes that a valueless stipend (against the USD) will not help those people anymore than no stipend at all would.


I don't rely on stipend to support my premium account - my stipend is received because I have a premium account. By showing commitment to SL (by paying a monthly fee plus the land tier), it's what enables me to continue building, uploading textures, buying stuff from other people, and enjoying myself.

Remove my stipend (without making the necessary reduction in price of a premium account or providing compensation in other ways) makes staying in SL less of a viable proposition if I have to pay out more money each month simply to continue my gameplay style. Tiering down (as many already has) hurts LL a lot more than it does to give me L$500 a week.

Not everyone has the time - or indeed talent - to spend all their in-game effort making stuff that hopefully other people will buy, to enable them to continue to play. That would be like working in a factory - and that kind of grind is something I come to SL to avoid.

Maybe SL wouldn't fall apart if I left and closed down my disco. But for many thousands of players, income received from other people, directly or indirectly through their stipends, supports their ability to continue playing. They leave, huge swathes of content and entertainment simply disappear, and what does that leave the new player to do? Camp, or leave... neither of which are good for the future.

Lewis
_____________________
Second Life Stratics - your new premier resource for all things Second Life. Free to join, sign up today!

Pocket Protector Projects - Rosieri 90,234,84 - building and landscaping services
Aodhan McDunnough
Gearhead
Join date: 29 Mar 2006
Posts: 1,518
06-09-2006 03:04
From: Rathe Underthorn

With that in mind though I do understand how people rely on stipend to support their premium accounts and tiers but you must realize if nothing changes that a valueless stipend (against the USD) will not help those people anymore than no stipend at all would.


The L$500 premium is not valueless. The only way to make the L$ valueless is to give L$500 with no dollar input to LL. But you have the premium account payment. It is THIS payment that finances that L$500 and does give it value.

LL is NOT giving out the premium stipend for free. It's backed by your premium account payment!

Incorporating the basic stipends the real value of the L$ is probably somewhere in the L$350-500 region vs the dollar. It's not the value you want, but it certainly HAS a value.

The L$ had been dropping, as it should have, because people are trying to trade it on the Lindex at higher than its real value. Anyone who's observed trading markets (stock and forex) knows that trading something at other than its market value is generally unstable. As the market size grows (increase in trade volume) then this artificially high price becomes much more difficult to sustain.
Rathe Underthorn
Registered User
Join date: 14 May 2003
Posts: 383
06-09-2006 03:59
From: Aodhan McDunnough
The L$500 premium is not valueless. The only way to make the L$ valueless is to give L$500 with no dollar input to LL. But you have the premium account payment. It is THIS payment that finances that L$500 and does give it value.


Basic (non-premium, non-paying) accounts are generating nearly 50% of the stipends. Your premium payment is not financing any L$. You get more stipend by paying a premium but again, basic non-paying stipends account for nearly half the stipend being added weekly to the economy, who's financing that? Value is only added to the L$ by user to user exchanges on markets such as LindeX. Unless Linden Labs started buying back L$ there is no value added by them or by your premium payment to them.
_____________________
Aodhan McDunnough
Gearhead
Join date: 29 Mar 2006
Posts: 1,518
06-09-2006 04:06
That's where the charity concept comes in. The premium payment subsidizes existing basic stipend. This however is now moot because there are no more new basic stipends.

Charity does not make money valueless. The value may be lowered in our case but even at its lowered state will not be a pointless value. If basic stipends is 50% of the stipend then maybe the correct value of the L$ is about 700 to the US$. That's not valueless, just painful for those who cash out. Since there are no more new basic stipends going out, then if LL manages to increase the premium membership then the 700:1 figure will lower to a more comfortable amount. Get rid of stipends then expect premium membership to drop, and you don't want that.

But in any monetary system a currency MUST SEEK its REAL value, whether that be high or low. Once it has done so only then can prices be set properly.

LL said raise prices? Do it if you have to. But remember there is an equilibrium between stipends - lindex - retail - rent that has to be found and we are not at that point, not by a long shot.


Furthermore we must remember that SL is a nexus of two paradigms: hassle-free fun (leave worries of the real world behind), and capitalism.

Stipends are there so that people do not have to worry about securing money everytime they need something. Not everyone enters SL to do business, respect those wishes.

Being a nexus of two conflicting paradigms expect problems. The stipends are the compromise. Stipends allow the fun lovers to participate in the economy without having to do business (which is what they are trying to avoid in the first place). The stipends also allow retail to exist so capitalism is also possible.
Lina Pussycat
Texture WizKid
Join date: 19 Jun 2005
Posts: 731
06-09-2006 04:13
I think you people ranting to end stipends are prolly the lowest people in SL you obviously dont enjoy playing it and dont care if others do or not. Your out for your own little greedy agenda's and you yourselves are the ones hurting the economy with spewing crap like this. I dont think you quite get that YOU people are the ones controlling the linden value. Its not this supply problem you would have everyone believe and you know it as damn well as I do.

Remember there is a difference between Sl's economy and a R/L economy. Real Life is a controlled economy based on supply of products and demand for them. Getting rid of the stipends will not help you as the only sane thing to do then would be to actually end the selling of Lindens completely by users. All you guys are going to end up doing if this gets thru is creating some small little group that has total control over the entire economy in SL and then LL will need to step in and just sell it themselves. So you see your just going to end up hurting yourselves in the long run of things.

Whats your reasoning for getting rid of the stipends ? I've yet to hear 1 single solitary solid argument for getting rid of them. Only these people that would benefit from getting rid of them seem to claim its a good thing. Notice a trend there? I think LL needs to take a hard look at the people posting this and their lindex sales and check my point. I've been here about a year now and have seen alot of BS over that time but getting rid of the stipend has really been the biggest BS move by residents that hold money now that i have seen in a year.

I want you people that post to get rid of the stipends to honestly Look at yourselves, the community as a whole and Sl's economy as a whole and look at someone straight faced without a single bit of guilt and say that its still a good thing. You wanna make SL into something totally oriented to business and that is the worst thing in the world. Many people play SL for leisure and shouldnt be forced to buy L from you just because you wanna make a profit. They should have a choice in the matter and currently they do and you simply dont like it and complain about that.

This basis of your arguments to get rid of it are sad and quite weak.
Lina Pussycat
Texture WizKid
Join date: 19 Jun 2005
Posts: 731
06-09-2006 04:24
From: Rathe Underthorn
Basic (non-premium, non-paying) accounts are generating nearly 50% of the stipends. Your premium payment is not financing any L$. You get more stipend by paying a premium but again, basic non-paying stipends account for nearly half the stipend being added weekly to the economy, who's financing that? Value is only added to the L$ by user to user exchanges on markets such as LindeX. Unless Linden Labs started buying back L$ there is no value added by them or by your premium payment to them.


Ok Rathe I'll bring up again the supply here isnt the problem a few people with 50L in hand arnt going to cause a collapse of the economy by getting free money. You know your statement is mooted by that point quite easily. 50L is worth like .46 cents right now at a value of 108L - 1usd the less L you buy the Higher the L value. Where as buying 1 usd of L right now gets 229L. Hmmmm see a problem there? If they actually used that as a basis rather then the buy more pay less bs then well you see the L value is actually about 229 > 1 usd. So the problem is more with the system of buying then anything.

Its also these people ranting about stipends being the problem. They cant see past putting a profit in their pocket to know whats actually Best for SL. You know it, i know it, and they know it. These people selling alot of L for a lower value are the problem and you wont balance the economy by getting rid of the stipends. I have said this numerous times and i stick to it. Two things will happen with getting rid of the stipend.

The first being we end up with things to the other extreme and then these same people are going to whine that they make jack because no one can afford to buy their L and people are going to be alot more fickle with their money. The Second thing will be things will just continue in the same manner because people want to sell fast. In either one of these cases LL will lose most of the premium account holders and alot of businesses in SL will shut down. Basically hurt the entire infastructure of SL so these greedy people can make a few more bucks for a short time.

Its LL's ability being able to weed out greed vs actual concern for SL that is going to come into play. I hope they realize its just a play on the side of greed by a small minority of residents.
Aodhan McDunnough
Gearhead
Join date: 29 Mar 2006
Posts: 1,518
06-09-2006 04:32
@Lina

Was waiting for the word "greed." It had to be said.

@Rathe

Want to be rich? Then take a cue from the richest companies in the world. What do Microsoft, Pepsico, GM, Toyota, Honda all have in common? It's volume, not price.

Know the consequences of short-term gains that will create long-term losses.
Lina Pussycat
Texture WizKid
Join date: 19 Jun 2005
Posts: 731
06-09-2006 04:36
From: Rathe Underthorn
I didn't choose to cash it out because this is not about my bottom line, it is about the growth and stability of Second Life. A hope to see it become a dependable and open platform that embraces the very core ideas behind Second Life. I put my stipend right back where it came from to prove that.

I am not focused purely on the economics of Second Life. I have been in Second Life for over 3 years and and believe strongly in it. I have seen Second Life go through countless changes and growing pains far worse than this. I want to see it continue and develop into a larger more diverse and open community that fosters creativity and innovation. A social platform that enhances our daily lives rather than a game that escapes them.

Reliance on stipends is a crutch and using those stipends to buy content only hurts content creators because the stipend L$ you are using is quickly losing its value. It's like using monopoly money to buy milk. I realize it would be very hard to to give up such a crutch and a gentle reduction over time is more ideal than cold turkey so that people have time to adapt.

If nothing changes then inflation will continue. The fixed amount of stipend you receive weekly will have little to no purchasing power. Content creators will be forced to raise their prices to adjust. Items that you were once able to purchase with your L$500 stipend will then cost you L$1,000, L$2,000, or much more. Cashing out your stipend to help pay for monthly tier or premium account fees will no longer help because the L$ will have very little value against the US dollar.

In effect, the end result is that you still end up receiving essentially nothing (L$0 stipend worth $0.00 USD vs. L$500 stipend worth $0.01 USD) but the economy of Second Life becomes too unstable in the interm and many more people leave Second Life out of financial trouble than would leave today if stipends were ended and a real stable economy was developed now.


Ok this comment here at the top why the hell do you then support getting rid of the stipends then. If its about stability and growth in SL as a whole then the stipend is a neccessary thing. You know that as well as i do. There is no hope of a real stable economy in SL as well as i state many many times. LL selling their own L and them being the only ones allowed to do so is the only viable solution for what your saying. You claim not to be involved shearly in economics yet you seem to be only concerned about that.

The majority of stipends in SL are spent in world on items of clothing etc. They end up in the hands of greedy people that then want to sell them fast and this creates the problem of an unstable economy. It has nothing to do with L, supply, demand, or anything economically. It has to do with human nature and the greed of man. It may seem harsh to say it but its quite proven. You dont seem to grasp the point Rathe that getting rid of the stipend will only halt growth, development, and will make the economy as unstable as it is just in the other extreme. The other side is that that wont happen and if it doesnt it will continue on the trend it is now.

It will not stabalize without LL completely controlling the economy. Most of you fail to realize that and that is the problem. The stipends provide a means for people to buy your products, pay their rent, etc. Take that away and force them to constantly buy all their L what happens? They start to buy less of your products, dont rent, and dont do alot of the things they did before. So Rathe if you are truly concerned about SL support the stipend staying because without it SL will come to it's knees even faster.
Ranma Tardis
沖縄弛緩の明確で青い水
Join date: 8 Nov 2005
Posts: 1,415
06-09-2006 04:36
From: Rathe Underthorn
I believe in a stable economy for the overall stability and growth of Second Life. If Second Life is to be more than a game then it must provide an environment that supports creativity and rewards innovation.

History has proven that in stable and flourishing economies innovation excels and communities prosper. More arts, more ideas, more culture, and higher standards of living. Whereas it is quite the opposite in unstable economies with poorer standards of living. Less arts, less entertainment, poorer education, and less innovation.

That being said, I have put my money where my mouth is. Every Tuesday I receive L$500 in the form of a free stipend. This stipend is the number one significant cause of the devaluation of the L$ as a currency with disasterous effects on the economy causing rampant inflation. I have removed one year of stipend, or L$26,000 from the Second Life economy by publishing a classified ad in the amount of L$26,000 to spread the word of the negative impact stipends have on the stabilization of Second Life as a platform.

Please join me in spreading the message by adding your own classified ad or collaborating on higher ranking ones. Put your money where your mouth is and lets END STIPENDS NOW!


Oh Hush up! I paid Linden Labs for my stipend as part of a package. My contract is with them and not you!
For the Hundredth time, I will not lose money to make you money! Get a haircut and get a real job!!!
Lina Pussycat
Texture WizKid
Join date: 19 Jun 2005
Posts: 731
06-09-2006 05:05
Also to point out Ranma using the quoted text you used from Rathe here. In a stable and flourishing economy people dont have to go out and buy their money Rathe. They work for it and look at the U.S. They pay out welfare, social security, disability, unemployment. Thats money given to people that need it for free. It's paid by taxes that other people pay which is money given out to the government. Most of these florushing places have something to this effect in them and give out money to citizens if they really do need it. They dont make these people go out and force them to work.

SL kind of operates on the principle that not everyone wants to be here to work. Thats a draw of an online world is to get away from having to work. Not everyone is talented or can take the time to learn stuff nor has the mental capacity to learn it. I've met people that are disabled in real life and SL has been used to help treat some social disorders as of late. Now shall we tackle down and make these people work to have any fun in SL or should we have a system so people that dont want to work dont have to work.

Remember all your product sales, rental fee's everything in SL for that matter has been based off someone elses stipend (stipend as of late with the disppearance of the other stuff), ratings, and dwell bonuses. This money was all originally given to people and without it you take away any source of Income into SL. As i stated before the only hope to actually stabalize things is to completely hand over the currency exchange to LL and we all know what will happen there. You guys will then complain about that to or any move they make after.

Your going to complain if they do it that your not making money. People wont spend money as freely as they did before and that is quite proven.

END THE GREED IN SL!!! SUPPORT THE STIPENDS STAYING!!!!!
George Flan
Registered User
Join date: 21 Sep 2005
Posts: 268
Give Me Your Extra Stipends
06-09-2006 05:09
I can not believe some people. This is crazy wanting the stipends to end. It is the stipends that keep the ecomony going. Not everyone is rich and can afford to go buy stipends everyday. They use their weekly stipends to pay rent, to buy items they want, and it is the creators who benefit from our weekly stipends. For you few, and you know who you are, go ahead and give your stipends away and I will be glad to take all you have. If this was as critical as you few try to make us believe then Linden Lab would do something about it. They are in this for the money only and it looks like they (LL) are making plenty. Let it drop people it is not going to change.
George Flan
Registered User
Join date: 21 Sep 2005
Posts: 268
Hi Lina
06-09-2006 05:17
Your right! "SUPPORT KEEPING THE STIPENDS". You see the problem here is a few of these so called self proclaimed economic experts are only doing this because they are wanting to make more money and take it from everyone else. One in particular and I will not mention their name even proclaims she is the SL Economic Expert..LMAO...Another claims he is some sort of expert in banking....

I have never seen any of these few who really play in-world and they have no clue what is really taking place in SL. All they can do is keep the forums busy with their crazy ideas.

"SUPPORT KEEPING THE STIPENDS" yeahhhhhhhhhhhhhhhhhhhhhhhh
Lewis Nerd
Nerd by name and nature!
Join date: 9 Oct 2005
Posts: 3,431
06-09-2006 05:33
From: George Flan
I have never seen any of these few who really play in-world and they have no clue what is really taking place in SL. All they can do is keep the forums busy with their crazy ideas.


I too look for the two main 'end stipend' yellers to be online regularly - and have never once seen either of them. From what I can tell, their actual contribution to SL is minimal at best, and despite their vocalisation of 'end stipends', neither have been willing to actually give them up by attending a 'burning' party or to use any of the various free disposal devices that have been created.

I think I am going to sell a 'goodbye stipend' box. You pay a vendor L$500 to buy it from me, when you rez it it'll do a little dance then explode on an llDie() script. Hey presto, your stipend has gone! As some don't think they need it, then presumably it shouldn't matter where it goes as long as it leaves your account.... right?

Lewis
_____________________
Second Life Stratics - your new premier resource for all things Second Life. Free to join, sign up today!

Pocket Protector Projects - Rosieri 90,234,84 - building and landscaping services
George Flan
Registered User
Join date: 21 Sep 2005
Posts: 268
Hi Lewis
06-09-2006 05:41
Hey if you make one, give me one too, I can use the extra stipends to make sure our creators keep on making their fantastic products for us.
Oasis Perun
Registered User
Join date: 2 Oct 2005
Posts: 128
06-09-2006 05:52
From: Lina Pussycat
Ok Rathe I'll bring up again the supply here isnt the problem a few people with 50L in hand arnt going to cause a collapse of the economy by getting free money. You know your statement is mooted by that point quite easily. 50L is worth like .46 cents right now at a value of 108L - 1usd the less L you buy the Higher the L value. Where as buying 1 usd of L right now gets 229L. Hmmmm see a problem there? If they actually used that as a basis rather then the buy more pay less bs then well you see the L value is actually about 229 > 1 usd. So the problem is more with the system of buying then anything.



While I am a supporter of the weekly stipend that we receive I just wanted to point out that the 108L-usd and 229L - usd figures you are showing take into account the $0.30 transaction fee for buying the L. so really the the 50l @ .46 is .3 transaction fee plus .16 for the actual 50l where the 1usd example is really .70 for 229l and .30 fee
_____________________
1 2 3 4 5 6 7