Tyler Cowen on Second Life
Tyler Cowen (author of “Discover your inner economist“, which I loved) writes a blog post on Second Life’s currency, the Linden Dollar.
I quote:
“Who would have foreseen that maximizing income from “land” sales might check this outcome? I think of Linden Dollars as akin to legal tender currencies: you can’t buy anything in Second Life without them. Since the goods and services in Second Life have value the currency does too.”
And, of course, I agree, too.
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