Idea: L$ Stabalization Through Barter Network!

Why PAY for the content that you desire when you can simply trade what you HAVE for what you WANT through an efficient web based and/or in-world content bartering network?! This content bartering system could result in less of your L$ accumulating in the accounts of content creators. Since less L$ is accumulating in their accounts, it may also result in decreased selling pressure at LindeX which comes from the sale of virtual property that is completely lacking any tangible production costs. This may trigger a better L$ exchange rate!

What do you think?

I knew this would happen one day-> random idea generators.
What is next? Please open a new forum for such "genious" ideas so i wont loose time while reading them.
Am i rude? Sry couldnt write a better thing.

Bait taken!

Question:

Bartering content - wouldn't this be something more suited to content creators than against?

Hmm I think I'll better luck sacrificing goats to the exchange gods than doing this.


What do I think?

I think this goes on the 'most retarded things I've read all day' list.

Ah, an $L boycott on content!

If you make anything, would you prefer 'stuff' in exchange for any or all of it?

Just curious.




Well, it's kind of like this.

Microprocessors don't cost much - once the fab plant is set up, they are mostly worthless sand, formed automatically and with deadly precision by all the effort done beforehand.

Yeah, there are some production costs - so maybe they should charge no more than fifty cents for each pentium 4?

In which case I don't think we should hold our breath for the next edition...

Now there's a word not normally associated with barter Nonetheless, I'll trade you three lovely gift boxes (virtual) and one and a half pet rocks (virtual) for a (sweet sweet imaginary) Terra Taxi any day.

Time is money, baby! (And thinking sometimes hurts.)

There would have to be some intermediary NGO that would classify virtual objects so that a relatively even playing field could be established for the purpose of comparative value assessment. Of course, the NGO would seek funding to support this service, perhaps the creators would have to pay a fee to list their bartar objects. The Metaverse Accounting Office should take this up for study.

Hey, that's great.

We could then normalize relative pricing, through a common object of otherwise meaningless value. We could call it say, "Blinden Dollars" - and use them as the medium that bartering occurs, so that people have an easy system to compare worth of items. Then, if we petition Linden Lab really hard, they'll make "Blinden Dollars" the official currency, and monitor the economy with respect to exchange rate with real money.

You did it now Hiro, the Blindex code writers are already at work.

Actually, the concept of a normalizing instrument is worth considering. However, I don't think it should be a type of Linden dollar, rather, a normalizing factor (NormFac) that would be a published variable that is based on the current value of gold on the futures market.

yes

As a program of this nature increased in usage, you would just see less content with transferability.

Simple matter of economics.

As it stands right now, very few people provide upgrades or support to transfered items.

As a program of this nature increased in usage, you would just see less content with transferability.

Simple matter of economics.

Assuming you could do it without creating another currency, which in itself seems rather awkward (though possible).

As a program of this nature increased in usage, you would just see less content with transferability.

Simple matter of economics.

Assuming you could do it without creating another currency, which in itself seems rather awkward (though possible).

At first read it sounds like exactly what real people do when inflation gets so bad that faith in the currency falters and they still have to get on with the business of living. I'm sure there's some term or phrase or quote from Keynes that would be appropriate here.

Except AVs don't need bread and we haven't hit hyper-inflation (yet).

Unfortunately, Linden Labs will not accept virtual shoes and really cool attachments as payment for my land tier.

The idea of a content barter network was intended as a satirical social commentary, rather than a serious proposal for implementation. Sorry if I failed to convey this adequately enough for some. I am actually very much FOR product value and very much AGAINST devaluation of work for the sake of "freeloading", "getting more out of one's stipend", "having more fun in the game for less", "living on stipend", etc.

Is there anything that we could do collectively to add value to our products and services, in spite of an L$ that shows no sign of stoping its decline? As a community of economic participants, our prosperity continues to fluxuate wildly. How can we come together to stabalize our economy? Perhaps more importantly, is there anything that we could do to encourage other residents to buy MORE L$ from residents who are selling L$ than they currently do, when taken as a ratio of what they buy from residents who are selling L$ vs. what they buy directly from Linden Lab in the form of stipends?