Climate Apocalypse Alarmist
- Sep 20, 2018
Why would this be an issue for LL? Can you draw out the association more for me? Virtual economies have never been my strong suit.Probably because of the users that stockpile their Stipend to later convert it into actual cash that is then used to offset the cost of their Premium Account.
I can imagine that one concern is that an increase in stipends will unbalance the economy and weaken the value of the Linden. Those of us who stockpile Lindens to pay off our tier and/or Premium fees are probably a smallish minority. Most users will spend the extra Lindens, which would lead to inflation. Getting Lindens out of the SL economy has always been a challenge since there are limited number of sinks.
I've also heard some oblique comments that seemed to imply that LL rigs the Lindex in unorthodox ways that artificially props up the price of Lindens. If LL is buying up Lindens to stabilize the price -- which WOULD cost them money -- then the last thing they would want is a stipend raise, because it would cost them yet more US$ to buy those excess Lindens and get them out of circulation.
So now it's a balancing act between losing the income from residents who downgrade to Basic versus no longer having those Linden stipend payments in circulation. If LL has been jiggering the economy, the decrease in stipends could be useful. They would no longer have to buy those Lindens using real money.