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Eloise Pasteur
Curious Individual
Join date: 14 Jul 2004
Posts: 1,952
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04-24-2006 11:31
In practise that's no different to any other escrow/bond type transaction in SL - the regulation isn't there as it is IRL, so it comes down to trust.
The owner of the island has more power to enforce the trust, but if they default there's no comeback still.
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Patch Lamington
Blumfield SLuburban
Join date: 2 Nov 2005
Posts: 188
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04-25-2006 07:34
From: Lordfly Digeridoo The value's going down because there isn't really anything to spend it on. Land sales are flat now that everyone's renting, there aren't any "must have" items that have come out lately; content creators are simply dumping the money as it comes in back out into the Lindex. There's nothing buoying its value. I disagree. I have several items for sale that you must have.  |
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Tiberious Neruda
Furry 'On File'
Join date: 1 Nov 2005
Posts: 261
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The TRUE value of the L$
04-25-2006 10:23
In case you missed the title, it says:
The TRUE value of the L$
1/10 of a texture, sound or animation upload.
That is all. That is the only value LL has given it, and it is the only value that has remained constant.
Anything else is merely the result of an agreement between a buyer and a seller.
Discuss.
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