How Second Life created a STABLE digital currency long before CRYPTO

Channel:
United States Game Thinking TV
Subscribers:
15,100
Published on ● Video Link: https://www.youtube.com/watch?v=7RlPguvs1Xc


Game:
Second Life (2003)
Duration: 5:10
2,811 views
43

For the Metaverse to thrive, it needs a stable digital currency, without the wild swings so common in crypto. Stablecoins like Tether were supposed to fix this, but in reality, they aren't so stable.

Guess what? The online 3d world Second Life has had a stable digital currency since 2003. It's called the Linden dollar, and it's how Second Life members buy and sell items.

I asked Second Life founder Philip Rosedale how he designed his digital currency. His answer will blow your mind.

PHILIP ROSEDALE: https://www.linkedin.com/in/philiprosedale/
SECOND LIFE: https://secondlife.com

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Tags:
amy jo kim
game design
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Other Statistics

Second Life Statistics For Game Thinking TV

There are 9,013 views in 3 videos for Second Life. His channel published less than an hour of Second Life content, less than 0.80% of the total video content that Game Thinking TV has uploaded to YouTube.