When is Second Life starting to use Bitcoin?

[Blawpaw]

Hi guys!

Recently I've thought about Second Life. Second Life was one of the first sites, if not the first to introduce the concept of virtual currency.

They have their own centralized currency, the Linden Dollar.

For now I know that it is not possible to buy Lindens with bitcoin through the 2nd life site, but people have been using Wirvox exchange to do just that:

https://community.secondlife.com/t5/Merchants/bitcoins-to-lindens/td-p/2550854

So my guess is, When is Second Life Linden) starting to use Bitcoin?

Is there any mention from Linden about this?

[1714979243]

1714979243

[1714979243]

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[AtheistAKASaneBrain]

Hi guys!

Recently I've thought about Second Life. Second Life was one of the first sites, if not the first to introduce the concept of virtual currency.

They have their own centralized currency, the Linden Dollar.

For now I know that it is not possible to buy Lindens with bitcoin through the 2nd life site, but people have been using Wirvox exchange to do just that:

https://community.secondlife.com/t5/Merchants/bitcoins-to-lindens/td-p/2550854

So my guess is, When is Second Life Linden) starting to use Bitcoin?

Is there any mention from Linden about this?

I don't really know. It's probably, as always, an ego fight. They want their own currency. At least you can exchange it for Second Life Linden Dollar tho, too bad the fees are insane.

[spazzdla]

Why would second life give up their monopoly over their currency..

[Yakamoto]

IIRC, Second Life allows for players to sell the virtual currency to each other using 3rd party means, and players can also purchase the currency from the company itself.

So, based on that, any players willing to accept Bitcoin in trade would technically count as the game "using" Bitcoin.

And since the devs claim that they don't own most of the content within the game, they can claim that there is [thing] within the game, without having to do anything themselves, if I am correct.

[LiteCoinGuy]

maybe in the next second life:

http://variety.com/2015/digital/news/second-life-maker-linden-lab-wants-to-build-the-wordpress-of-virtual-reality-1201546110/

[Blawpaw]

IIRC, Second Life allows for players to sell the virtual currency to each other using 3rd party means, and players can also purchase the currency from the company itself.

So, based on that, any players willing to accept Bitcoin in trade would technically count as the game "using" Bitcoin.

And since the devs claim that they don't own most of the content within the game, they can claim that there is [thing] within the game, without having to do anything themselves, if I am correct.

True! They really allow for the users to do their own business, and they were indeed an open source software which meant that users could even develop in game apps.

However, I heard they closed their source code and now only work with some specific meshes of developers. And they do demand that the users use their inworld currency - Linden Dollars. but of course that aside the game, there's nothing saying that users can't deal with other currencies if it's that what you mean...

The Question is, Has Linden ever commented about bitcoin?

[S4VV4S]

Why would second life give up their monopoly over their currency..

^^^ This....

maybe in the next second life:

http://variety.com/2015/digital/news/second-life-maker-linden-lab-wants-to-build-the-wordpress-of-virtual-reality-1201546110/

That would be.... the Third Life?  LOL

[Falconer]

second life has its own money, linden dollar, then I dont think it need to use bitcoin there. Bitcoin was used to change fiat as payment tool in our real life, not in virtual life imo. Anyway I never play second life, why we need to live in virtual world?

[Hazir]

Why would second life give up their monopoly over their currency..

This is the reason we don't see bitcoin integrated as payment method in online games. Bitcoin is ideal way to do micropayments in that environment; instantaneous, secure and without fees.
But game developers usually have their own ingame currency under total control. The best course of action would be adding ability to buy ingame currency directly for bitcoin.
I am surprised that only few game developers seek that.

[stealth.money]

I see no point they will be using Bitcoin when they already have their own coin.

[Hazir]

I see no point they will be using Bitcoin when they already have their own coin.

Why do we want to use bitcoin when we already have Dollars, Euros and hundreds of other 'coins'? Your logic is flawed.

[Dire]

Hi guys!

Recently I've thought about Second Life. Second Life was one of the first sites, if not the first to introduce the concept of virtual currency.

They have their own centralized currency, the Linden Dollar.

For now I know that it is not possible to buy Lindens with bitcoin through the 2nd life site, but people have been using Wirvox exchange to do just that:

https://community.secondlife.com/t5/Merchants/bitcoins-to-lindens/td-p/2550854

So my guess is, When is Second Life Linden) starting to use Bitcoin?

Is there any mention from Linden about this?

Don't think it'll ever happen. It would possibly destabilize their Linden dollar. I figure one in game currency is probably enough for them.

I'm waiting for 'No Mans Sky' to come out and hope that Bitcoin is enabled in that. Be great if it is! But I can't say I've heard any word that it's a possibility either.

I think gaming in general really needs to step up with integrating Bitcoin in-game.

[Pathi]

I think there used to be an exchange that would exchange linden dollars for btc. Used to be the only way to buy btc with a credit card.

[Daniel91]

second life has its own money, linden dollar, then I dont think it need to use bitcoin there. Bitcoin was used to change fiat as payment tool in our real life, not in virtual life imo. Anyway I never play second life, why we need to live in virtual world?

You know, if you are using VirWox service, you can easily exchange your BTC funds through ''linden dollar'' to paypal and cash out.
Otherwise is not easy to transfer bitcoin funds to paypal, so I know that many bitcoin users like VirWox because of this possibility.
Of course, their exchange fees are very high but you can't have everything

[maokoto]

I think that adopting Bitcoin as the currency in games has a lot of potential. Using satoshis as a base, you could use it in games without risking a lot of money, and make it suitable to earn bitcoins in quests etc.

Second life would be a great start but also many other RPGs. Think WOW for instance with satoshis being the base coin 

[gogxmagog]

Yeah, users need to go to virwox to exchange linden for BTC
Linden labs wants total control over their linden dollars and the system works so why change?

Besides, only about 20 people use second life anymore

[Blawpaw]

Yeah, users need to go to virwox to exchange linden for BTC
Linden labs wants total control over their linden dollars and the system works so why change?

Besides, only about 20 people use second life anymore

Well, that's where you're wrong! And Alexa says otherwise too:



Secondlife is still growing and the new platform (where virtual reality will also be an integrant part) will certainly attract a lot of new people.

It's not like that they're not the leading company in this type of role play and all...

And... so I do see how it is important for bitcoin to get to that niche!

[Yakamoto]

Yeah, users need to go to virwox to exchange linden for BTC
Linden labs wants total control over their linden dollars and the system works so why change?

Besides, only about 20 people use second life anymore

Well, that's where you're wrong! And Alexa says otherwise too:



Secondlife is still growing and the new platform (where virtual reality will also be an integrant part) will certainly attract a lot of new people.

It's not like that they're not the leading company in this type of role play and all...

And... so I do see how it is important for bitcoin to get to that niche!

I don't have any actual number statistics on secondlife.com, but even if the site's ranking continues to increase, doesn't it only mean that more people are visiting the site, not necessarily that there are more people using the application?

There has to be more emphasis on the actual users rather than the people that merely visit the site.

[Kakmakr]

I tried Second Life, but my internet connection at the time was very bad, so it was not a good experience. They have a very healthy virtual economy going there, and it's currency <Linden> is very well established, so I doubt if they would be willing to switch to something new.

It would be less of a inconvenience if they do, because no conversion is needed when the use BTC to buy products in the real world. ^hmf^

[BigSirko]

Nobody wants Bitcoin.  The 2013 pump was all Willy Bot (MtGox) and then public personalities who were saying Bitcoin would be $10,000 by Christmas..

Bitcoin's been out since 2009 January, AFAIK, and the Federal Reserve said only 100,000 are using it.  CoinBase claims they have millions of users but even Alexa Rank says more people are using Bitcointalk than CoinBase and there's clearly not millions of people posting on here...

Before we say "Bitcoin is MySpace", MySpace had like 50+ million users.  Even Alta Vista had more users than Bitcoin.  Even Beta Max sold like 18 million machines and yet Bitcoin can't even get more than 100,000 users..