« Cassie Demos a Dozen Top SL Mesh Bodies & Documents Their Performance | Main | Win $500 In Week 4 Of Sinespace's Creative Challenge! But First, Read Some Advice From Lead Dev Adam Frisby »

Thursday, October 17, 2019


Feed You can follow this conversation by subscribing to the comment feed for this post.


This is absolutely fascinating. I’ve often thought that economies in MMOs were an interesting representation of different ways that economics can work. This is a fantastic endorsement for Yang and a really unique and valuable perspective. I hope Yang gets with Phillip to brainstorm.


I always suggest to look up and read the book Utopia for Realists by Rutger Bregman. Especially when it comes to ideas as described in the article above.

Clara Seller

Good for Phillip. I find him a very frustrating character sometimes, but this is a good place for his visionary spirit. I'd love to see Philip and Yang in a discussion.


Not sure I'd take any recommendation from Phil considering how blindly he appeared to ignore the HF communities needs for almost a half decade.

sirhc desantis

Interesting read (after firing up the 'sod cookie' browser to read Medium - wot Phil can't afford a real blog?) and to be honest the UBI thing is fun. Long string to .gov allowed retail shops (hello GUM!) to annoy as well.

But - 'transparent reporting of money supply changes used to manage the Linden Dollar economy' do me a lemon matey. Total Hotspur that is. (hey even your own link goes back 2 years on the money side).

Still have a problem with Saint Phil and its focus on wanting to know all about everyone ('people have to be identity-verified'). Sod that.

But in the US favour - between Yang and the woowoo crystal person and yer combat Tulsi - def value for money on the loon front. Hell, you all (hmm might have that wrong) will probably elect one. Again.

Blaise Glendevon

@sirhc desantis - Was this supposed to be English?

Simple Lemon

Two hundred billion a month based upon current adult USA population paid from tax money, not freshly minted dollars. People become dependent upon this monthly money, its imbedded into their life and monthly expenses. Then the economy has a considerable downturn, and tax revenue goes way down because the top taxpayers are in an economic depression, and now the free money program is in the red. And on top of a nearly 30 trillion dollar debt the USA is now paying 200 billion inflationary dollars each month for yet another program that cannot be funded. We sell more government bonds that are continually diminishing in value to help pay the government expenses, but programs have to be cut, so against public outcry the free money does not get cut, they cut infrastructure like roads, bridges, electrical grids, gas lines, public services, and America continues on its path of decay. Great idea, free money. Wow.


the Second Life 300L weekly stipend is not free. It is paid for in USD by the account holder

some of the early adopters do get a 50L weekly stipend for free. If this was sustainable then every new account since would be getting it

UBI is a new label put on what is known as a negative tax system and is nothing special or ground-breaking really. Example first $12,000pa is tax-free. Every person who earns less than $12,000, including zero, gets topped up to $12,000pa

most western countries practice this in one form or another already: Tax deductibles + welfare payments to low income people

UBI is basically icing



UBI results in a quite regressive tax system. More regressive than the current tax systems

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)

Making a Metaverse That Matters Wagner James Au ad
Please buy my book!
Thumb Wagner James Au Metaverse book
Wagner James "Hamlet" Au
Wagner James Au Patreon
Equimake 3D virtual world web real time creation
Bad-Unicorn SL builds holdables HUD
Dutchie Evergreen Slideshow 2024
AWE USA discount code
Juicybomb_EEP ad
My book on Goodreads!
Wagner James Au AAE Speakers Metaverse
Request me as a speaker!
Making of Second Life 20th anniversary Wagner James Au Thumb
PC for SL
Recommended PC for SL
Macbook Second Life
Recommended Mac for SL

Classic New World Notes stories:

Woman With Parkinson's Reports Significant Physical Recovery After Using Second Life - Academics Researching (2013)

We're Not Ready For An Era Where People Prefer Virtual Experiences To Real Ones -- But That Era Seems To Be Here (2012)

Sander's Villa: The Man Who Gave His Father A Second Life (2011)

What Rebecca Learned By Being A Second Life Man (2010)

Charles Bristol's Metaverse Blues: 87 Year Old Bluesman Becomes Avatar-Based Musician In Second Life (2009)

Linden Limit Libertarianism: Metaverse community management illustrates the problems with laissez faire governance (2008)

The Husband That Eshi Made: Metaverse artist, grieving for her dead husband, recreates him as an avatar (2008)

Labor Union Protesters Converge On IBM's Metaverse Campus: Leaders Claim Success, 1850 Total Attendees (Including Giant Banana & Talking Triangle) (2007)

All About My Avatar: The story behind amazing strange avatars (2007)

Fighting the Front: When fascists open an HQ in Second Life, chaos and exploding pigs ensue (2007)

Copying a Controversy: Copyright concerns come to the Metaverse via... the CopyBot! (2006)

The Penguin & the Zookeeper: Just another unlikely friendship formed in The Metaverse (2006)

"—And He Rezzed a Crooked House—": Mathematician makes a tesseract in the Metaverse — watch the videos! (2006)

Guarding Darfur: Virtual super heroes rally to protect a real world activist site (2006)

The Skin You're In: How virtual world avatar options expose real world racism (2006)

Making Love: When virtual sex gets real (2005)

Watching the Detectives: How to honeytrap a cheater in the Metaverse (2005)

The Freeform Identity of Eboni Khan: First-hand account of the Black user experience in virtual worlds (2005)

Man on Man and Woman on Woman: Just another gender-bending avatar love story, with a twist (2005)

The Nine Souls of Wilde Cunningham: A collective of severely disabled people share the same avatar (2004)

Falling for Eddie: Two shy artists divided by an ocean literally create a new life for each other (2004)

War of the Jessie Wall: Battle over virtual borders -- and real war in Iraq (2003)

Home for the Homeless: Creating a virtual mansion despite the most challenging circumstances (2003)

Newstex_Author_Badge-Color 240px
JuicyBomb_NWN5 SL blog
Ava Delaney SL Blog
my site ... ... ...