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Currency Trader
Joe Essid
September 07, 2008 5:00 PM


Location: LindeX Money Exchange

One of the oddest things to my students is the real-life economy that exists in this virtual world.  So just to show them how quickly one can become rich and famous in Second Life, I just had to set sail on the seas of high (fake) finance. Armed with 5000 Linden Dollars, I made a canny trading-move.

Payout: $17.61 US.  Hmmm…got a ways to go before I become one of the metaverse’s real-life millionaires.

Instead, I feel like all those poor sods who Di addressed in her last advice column.

The Linden Lab folks who designed the LindeX Exchange were very clever. We have a virtual currency that can be traded with the real-life dollar, though I have not see the exchange rate become more favorable as the US currency tanked last year.

In the days of SL-hype by major media outlets, it seems that the value of the Linden Dollar fluctuated wildly, to over 300 per US $ at one point. Lately it’s held steady in the range of 260-275 to the US $.

Still waiting for the credit to appear on my BP card…though it won’t go too far these days.

Be sure to check the “In a Strange Land” Archive for old posts



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