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Lindex Aware Constants and/or Functions?

Kristian Ming
Head Like A Hole
Join date: 5 Feb 2005
Posts: 404
07-06-2006 08:52
While page scrapers have been created to address this, they are prone to breakage and reliance on 3rd party services which could be compromised more easily than the SL backend.

Instead, wouldn't it be advisable to provide conversion rates directly into LSL applications?

Being able to set a price indexed to USD$ could be as easy as:

integer monthly_rent = llUSD2LD(25.00);

Imagine the boon to estate owners who's tier remains constant despite fluctionation in the currency. Currently, they can rely on a 3rd party service like Paypal, but oft times they deal in pure lindens with customers and adjusting prices manually can be very time consuming!

Your humble servant,
Kristian Ming
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"When you're going through hell, keep going!" -- Winston Churchill
Torley Linden
Enlightenment!
Join date: 15 Sep 2004
Posts: 16,530
07-07-2006 13:34
Asking about this...
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Lawrence Linden
Linden Lab Developer
Join date: 25 Jun 2005
Posts: 235
07-08-2006 22:13
I'm not aware of any plans to add such an lsl call at this time.

Here's my take on it, other Lindens will likely have their own opinions.

Despite the obvious utility to an individual estate owner, at this point I think it is better for Second Life as a whole to not introduce such a feature. I'd even go so far as to request that people not automate the continuous repricing of their goods and services that way. Having an easy way to frequently adjust prices as necessary is great, but a system that continuously adjusts prices could be dangerous. However, I reserve the right to change my opinion in the future.

I have concerns that adding such a feature could:
- greatly reduce the desire from those who sell the most L$ to help keep the market stable
- create a feedback loop in the economy that could accelerate exchange rate moves

Combine those two effects and the Second Life economy could really suffer because any L$ held could be subject to massive changes in in-world purchasing power. Falling out of that would likely be a strong desire for Residents to immediately sell any excess L$ holdings which would likely dramatically increase sell pressure and cause the L$ to weaken very quickly.

At least that's the way I see it. Please feel encouraged to IM me with your thoughts if I haven't made a thoroughly convincing argument.

Cheers,
Lawrence