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September 17, 2011, 06:13:28 AM |
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Pretty good experience with Second Life Linden Dollars. We used it to run in-world businesses, invest in banks and finance companies, and ever started an in-world business stock exchange. I used the proceeds from that "play money" to pay for my $750 imported smartphone (back before iPhones, when no one knew what a smartphone was), and it was a great way to learn about economics, finance, and currency exchanges. Sadly, Second Life operators banned all finance type businesses in their game, which destroyed the in-world economy, and arguably has hurt their business, but it was a great learning experience, and is the reason why I instantly "got" Bitcoin and invested in it. No doubt the Bitcoin experience has taught a lot of other people about finance, economics, and money, just as Linden Dollars taught those involved with SecondLife's currency.
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