What an excellent read. I remember the prim tax days well and the absolute horror to learn I'd left a single cube floating somewhere hundreds of feet up in the air that cost me L$1000.
According to Noam Chomsky there's little or no difference between the Democrats and the Republicans.. see 1988 interview with Bill moyers... They're all crooks.. and Chomsky has some major credentials for his comments considered by some to be the leading intellect of the 20th century and his work with linguistics is/ was formidable.. I would think that his point of view on this would be the matter of trust the populace has in the leadership... pretty much on the floor.. and Joe and Kamela have the distinction of out racing even Trump... Who in retrospect is turned out to be pretty accurate in some of his accusations and predictions... Robert
Great post Philip! Many things make Second Life magical ... and so much of the magic is enabled by L$. It makes SL what it is. Brilliant work well before Bitcoin.
Love this write-up, and I'm sure Gene will have a lot to say about this, but I will say in the real world, during the pandemic, giving people a lot of free money to stimulate the economy had a nasty side effect that may cost Biden the election: inflation.
I suspect it was more banks, businesses, and government that got most of the free money printed during the pandemic, but I agree that sources without sinks causes inflation! I think economic inequality more than inflation is what might cost him the election. Inequality is why people are unhappy even with the markets up, IMO.
What an excellent read. I remember the prim tax days well and the absolute horror to learn I'd left a single cube floating somewhere hundreds of feet up in the air that cost me L$1000.
Indeed! FInding lost prims that were causing high taxes... wrong design.
According to Noam Chomsky there's little or no difference between the Democrats and the Republicans.. see 1988 interview with Bill moyers... They're all crooks.. and Chomsky has some major credentials for his comments considered by some to be the leading intellect of the 20th century and his work with linguistics is/ was formidable.. I would think that his point of view on this would be the matter of trust the populace has in the leadership... pretty much on the floor.. and Joe and Kamela have the distinction of out racing even Trump... Who in retrospect is turned out to be pretty accurate in some of his accusations and predictions... Robert
I wish I could remember more of it, but one year Finance gave a fascinating presentation on how to prevent arbitrage and runs on the L$.
Great post Philip! Many things make Second Life magical ... and so much of the magic is enabled by L$. It makes SL what it is. Brilliant work well before Bitcoin.
thank you!
memory lane!
Remind me of adventures I’ve forgotten! So many.
Love this write-up, and I'm sure Gene will have a lot to say about this, but I will say in the real world, during the pandemic, giving people a lot of free money to stimulate the economy had a nasty side effect that may cost Biden the election: inflation.
I suspect it was more banks, businesses, and government that got most of the free money printed during the pandemic, but I agree that sources without sinks causes inflation! I think economic inequality more than inflation is what might cost him the election. Inequality is why people are unhappy even with the markets up, IMO.
great writeup. I have nothing to add :)