And as for a history lesson, GOM was trading L$ as far back as Jan. 2004.
Yeah, same quote twice. But I want to elaborate that this was the biggest change in SL ever, making real money have value in SL in Dec 2003/Jan 2004. I can't find the best threads on the subject but here is one from before the change where people shared prims, payed taxes on them and prim hoarding was an issue (drama from the past!)
The system back then wasn't working. The current system? Well it would be interesting if Linden Lab made such a drastic change to the economy as they did with 1.2.