President Philip,
The economy has reached a stage where Communistic handouts are no longer required to keep growth accelerating. Additionally, there is evidence that suggets that the stipends are flooding SecondLife's money supply and pushing down the value of the L$.
SL has been a phenomenal economic story - and continues to be so - though the rampant inflation which is beginning to rear its head could take some of the shine off the public's perception of our economic soundness. As I am sure you are aware, in the past four months the L$ has devalued itself by about 27% as compared to the US dollar. As inflation is not perceived to a sign of a healthy economy in the real world, this level of inflation will not be good for publicity.
In that vein - and to protect the content creators gridwide, I humbly suggest that all stipends be immediately ended.
Most sincerely,
Jamie Bergman
Welcome to the Second Life Forums Archive
These forums are CLOSED. Please visit the new forums HERE
End Stipends Now - An Open Letter to King Philip |
|
|
Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
|
05-22-2006 10:15
|
|
Lewis Nerd
Nerd by name and nature!
Join date: 9 Oct 2005
Posts: 3,431
|
05-22-2006 10:18
Dear Phil
Please ignore the above post as it bears no resemblance to anything of a practical or beneficial nature to the vast majority of SL players. 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 |
|
Mad Wombat
Six Stringz Owner
Join date: 21 Jan 2006
Posts: 373
|
05-22-2006 10:18
And I believe that we should send them monthly income statements. Depending on the income we made LL could take the welfare stipends away from those who don't need them.
IRL, millionaires don't get any wellfare payments either... |
|
Dmitri Polonsky
Registered User
Join date: 26 Aug 2005
Posts: 562
|
05-22-2006 10:25
President Philip, The economy has reached a stage where Communistic handouts are no longer required to keep growth accelerating. Additionally, there is evidence that suggets that the stipends are flooding SecondLife's money supply and pushing down the value of the L$. SL has been a phenomenal economic story - and continues to be so - though the rampant inflation which is beginning to rear its head could take some of the shine off the public's perception of our economic soundness. As I am sure you are aware, in the past four months the L$ has devalued itself by about 27% as compared to the US dollar. As inflation is not perceived to a sign of a healthy economy in the real world, this level of inflation will not be good for publicity. In that vein - and to protect the content creators gridwide, I humbly suggest that all stipends be immediately ended. Most sincerely, Jamie Bergman Should have added a request that he stop people from preying on others by reselling free content to unsuspecting newbs. |
|
Ranma Tardis
沖縄弛緩の明確で青い水
Join date: 8 Nov 2005
Posts: 1,415
|
05-22-2006 10:50
President Phillip,
I have a contract with Linden Labs inwhich two parties provde certain things for others, quid pro quo. In return for my payment of $72 a year, I am provded a premium membership to Second Life. Three of the items provided are 1) a stipend of L$500 a week,2) the right to buy land directly from Linden Labs and 3) a land allotment of 512 sq meters. I am going to hold you to your contract. Sincerely Ranma Tardis |
|
Siobhan Taylor
Nemesis
Join date: 13 Aug 2003
Posts: 5,476
|
05-22-2006 10:57
Perhaps those who wish to end the stipend would get more respect if they repaid all the "handouts" they have received since joining SL. I suspect this should include stipends, rating bonuses and dwell, since they obviously never needed them.
_____________________
http://siobhantaylor.wordpress.com/
|
|
ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
|
05-22-2006 11:05
President Philip, The economy has reached a stage where Communistic handouts are no longer required to keep growth accelerating. Additionally, there is evidence that suggets that the stipends are flooding SecondLife's money supply and pushing down the value of the L$. SL has been a phenomenal economic story - and continues to be so - though the rampant inflation which is beginning to rear its head could take some of the shine off the public's perception of our economic soundness. As I am sure you are aware, in the past four months the L$ has devalued itself by about 27% as compared to the US dollar. As inflation is not perceived to a sign of a healthy economy in the real world, this level of inflation will not be good for publicity. In that vein - and to protect the content creators gridwide, I humbly suggest that all stipends be immediately ended. Most sincerely, Jamie Bergman I 2nd the motion... All those opposed? <silence> The motion passes. Stipends End on June 1st, 2006 _____________________
 |
|
ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
|
05-22-2006 11:06
President Phillip, I have a contract with Linden Labs inwhich two parties provde certain things for others, quid pro quo. In return for my payment of $72 a year, I am provded a premium membership to Second Life. Three of the items provided are 1) a stipend of L$500 a week,2) the right to buy land directly from Linden Labs and 3) a land allotment of 512 sq meters. I am going to hold you to your contract. Sincerely Ranma Tardis Contract my azz.... You can sue LL in Federal Court for your Stipends.. _____________________
|
|
Doc Nielsen
Fallen...
Join date: 13 Apr 2005
Posts: 1,059
|
05-22-2006 11:08
Hmmm, so:
Kill ALL stipends, in fact remove Premium accounts altogether? If you want land, pay tier or rent? If you want L$, earn them or buy them? Remove ALL other incentive payments, leaving the economy purely market driven? Control the economy solely by controling the land supply - very, very carefully - and NOT heeding the screams, foot stamping and threats of certain Land Barons? You know, it might just work... then again... *sigh* Whatever, the current situation is hardly satisfactory. _____________________
All very well for people to have a sig that exhorts you to 'be the change' - I wonder if it's ever occurred to them that they might be something that needs changing...?
|
|
Red Mars
What?
Join date: 5 Feb 2004
Posts: 469
|
05-22-2006 11:09
Yes, by all means, end the stripend so that all the wannabe money barons can buy up the entire supply and raise the price to insane levels just so the common avatar has no choice but to spend hundreds to buy a shirt.
We definately need ths to completely destroy the consumer market in SL so a small few can glut themselves before it dies. |
|
Lewis Nerd
Nerd by name and nature!
Join date: 9 Oct 2005
Posts: 3,431
|
05-22-2006 11:10
Hmmm, so: Kill ALL stipends, in fact remove Premium accounts altogether? If you want land, pay tier or rent? If you want L$, earn them or buy them? Remove ALL other incentive payments, leaving the economy purely market driven? Control the economy solely by controling the land supply - very, very carefully - and NOT heeding the screams, foot stamping and threats of certain Land Barons? You know, it might just work... then again... *sigh* Whatever, the current situation is hardly satisfactory. How about kill off the Lindex altogether and see how many of the big names leave, proving they were only here for the money instead of providing a service or having fun. 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 |
|
kerunix Flan
Registered User
Join date: 3 Sep 2005
Posts: 393
|
05-22-2006 11:11
Communistic omgstfunoob |
|
Doc Nielsen
Fallen...
Join date: 13 Apr 2005
Posts: 1,059
|
05-22-2006 11:15
How about kill off the Lindex altogether and see how many of the big names leave, proving they were only here for the money instead of providing a service or having fun. Lewis Who cares WHY people are here Lewis? And with Phil ramming 'come to LL and make RL money' down the media and public's throat at every possible chance, is it surprising that a lot of people in SL are here to make money? _____________________
All very well for people to have a sig that exhorts you to 'be the change' - I wonder if it's ever occurred to them that they might be something that needs changing...?
|
|
Siobhan Taylor
Nemesis
Join date: 13 Aug 2003
Posts: 5,476
|
05-22-2006 11:18
Perhaps those who wish to end the stipend would get more respect if they repaid all the "handouts" they have received since joining SL. I suspect this should include stipends, rating bonuses and dwell, since they obviously never needed them. _____________________
http://siobhantaylor.wordpress.com/
|
|
Doc Nielsen
Fallen...
Join date: 13 Apr 2005
Posts: 1,059
|
05-22-2006 11:22
Yes, by all means, end the stripend so that all the wannabe money barons can buy up the entire supply and raise the price to insane levels just so the common avatar has no choice but to spend hundreds to buy a shirt. We definately need ths to completely destroy the consumer market in SL so a small few can glut themselves before it dies. Wel, if the 'wait and see' school of thought is right them anyone could go buy US20k of L$ right now and launch the process, because cheap L$ make that more feasible than relatively expensive L$... However - LL has reserved the right to sell L$ themselves (coincidentaly making a nice bit of change themselves) which makes THAT idea a bit of a non starter I'm afraid. I strongly suspect that any attempt to push the L$ significantly below 250/US$ would be met by corrective action by LL - any 'wannabe money baron' would simply wind up loosing money AND making US$ for LL... Nice doom scenario there, but I'm afraid it doesn't fly. _____________________
All very well for people to have a sig that exhorts you to 'be the change' - I wonder if it's ever occurred to them that they might be something that needs changing...?
|
|
Shaun Altman
Fund Manager
Join date: 11 Dec 2004
Posts: 1,011
|
05-22-2006 11:30
Contract my azz.... You can sue LL in Federal Court for your Stipends.. I usually don't agree with anything that you have to say, RBD. I have to admit though, this is a great post.  It would be HALARIOUS to see people trying to litigate against LL over "500 Linden Dollars" Have these people failed to read the TOS????I also loved the post in another thread regarding "Don't let the eDoor hit you on the way out"! LL has clearly indicated that a cultural shift will occur, and is no doubt expecting to lose some of the current fun and games and forum trolling crowd. Frankly, I don't find their forum tolling games very fun myself anyhow. The insults and marginalization of my Second Life participation are growing VERY tiring.Fortunately, others will join to fill the void even more quickly than these people leave. _____________________
|
|
Lewis Nerd
Nerd by name and nature!
Join date: 9 Oct 2005
Posts: 3,431
|
05-22-2006 11:33
And with Phil ramming 'come to LL and make RL money' down the media and public's throat at every possible chance, is it surprising that a lot of people in SL are here to make money? That is something I intend to challenge him over when I get an opportunity at a Town Hall that is convenient to my timezone. For SL to survive and expand by retention, there must be diversity in advertising as much as there is in things to do in-world. 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 |
|
Doc Nielsen
Fallen...
Join date: 13 Apr 2005
Posts: 1,059
|
05-22-2006 11:39
Lotsa luck Lewis!
He's found a hook that works - he can't use sex, drugs don't seem to work in SL, and R&R keeps glitching when the stream dies - so what's left 'come to SL, spend money and have fun'? Er, can't see it myself, but carry on... _____________________
All very well for people to have a sig that exhorts you to 'be the change' - I wonder if it's ever occurred to them that they might be something that needs changing...?
|
|
Surreal Farber
Cat Herder
Join date: 5 Feb 2004
Posts: 2,059
|
05-22-2006 12:36
President Phillip, I have a contract with Linden Labs inwhich two parties provde certain things for others, quid pro quo. In return for my payment of $72 a year, I am provded a premium membership to Second Life. Three of the items provided are 1) a stipend of L$500 a week,2) the right to buy land directly from Linden Labs and 3) a land allotment of 512 sq meters. I am going to hold you to your contract. Sincerely Ranma Tardis Note: If it is a contract, then they can change the terms when your membership becomes due again. For those monthly folks, that's soon. Assuming the fine print doesn't say they can do it whenever. _____________________
Surreal
Phobos 3d Design - putting the hot in psychotic since 2004 Come see our whole line of clothing, animations and accessories in Chaos (37, 198, 43) |
|
Carl Metropolitan
Registered User
Join date: 7 Jul 2005
Posts: 1,031
|
05-22-2006 12:38
Killing stipends would be a drastic overreaction--and most likely crash the economy at this point. (Bear in mind that the economy IS NOT the Lindex.) Tight money has historically lead to economic crashes.
Not that anyone is going to listen to me... |
|
Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
|
05-22-2006 12:38
Actually, while we're at it, make them give back any L$ they made from other people's stipends too... since they want them removed... Reparations! If reparations were paid back to LL in L$'s and destroyed, it WOULD take money out of the supply. Not saying I agree to this, but it is a unique way of decreasing the money supply (provided it was coupled with the termination of stipends) |
|
Siobhan Taylor
Nemesis
Join date: 13 Aug 2003
Posts: 5,476
|
05-22-2006 12:41
Reparations! If reparations were paid back to LL in L$'s and destroyed, it WOULD take money out of the supply. Not saying I agree to this, but it is a unique way of decreasing the money supply (provided it was coupled with the termination of stipends) _____________________
http://siobhantaylor.wordpress.com/
|
|
mcgeeb Gupte
Jolie Femme @}-,-'-,---
Join date: 17 Sep 2005
Posts: 1,152
|
05-22-2006 12:48
Killing stipends would be a drastic overreaction--and most likely crash the economy at this point. (Bear in mind that the economy IS NOT the Lindex.) Tight money has historically lead to economic crashes. Not that anyone is going to listen to me... I agree, lets imagine this scenario. Lets say they announce that they are ending stipends and will be only selling them on the Lindex instead to keep the money supply even. I can just imagine everyone pulling out of the game, trying to get ride of there Lindens and the value just dropping like a rock anyways. Just leave the economy alone until we see some results a few months down the road from the removal of dwell bonuses. |
|
Jauani Wu
pancake rabbit
Join date: 7 Apr 2003
Posts: 3,835
|
05-22-2006 12:55
dear king philip,
i recognize that you have to continue paying stipends to give residents an incentive to have premium accounts. i think your solution to gradually devalue the L$ until it reaches 2500L$/usd is the ideal solution to make the stipend irrelevant. thanks! j-wu _____________________
http://wu-had.blogspot.com/
read my blog Mecha Jauani Wu hero of justice __________________________________________________ "Oh Jauani, you're terrible." - khamon fate |
|
Siobhan Taylor
Nemesis
Join date: 13 Aug 2003
Posts: 5,476
|
05-22-2006 12:59
dear king philip, i recognize that you have to continue paying stipends to give residents an incentive to have premium accounts. i think your solution to gradually devalue the L$ until it reaches 2500L$/usd is the ideal solution to make the stipend irrelevant. thanks! j-wu _____________________
http://siobhantaylor.wordpress.com/
|