The whole idea of a holiday is to relax and recharge your batteries. Unfortunately this often isn’t the case and I’ve returned from a fortnight in Majorca and find myself pretty much cream crackered. However it’s a holiday weekend so by my return to work on Tuesday I should be relaxed and have my batteries recharged… alternatively I may just be cream crackered.
Whilst I have been away I notice that Linden Lab seem to have realised that people used third party exchanges for reasons other than just the sheer hell of it and in a blog post they talk of people buying Linden Dollars in different currencies and a new pilot scheme whereby authorised third party sites will be able to sell Linden Dollars, in a variety of currencies if they so wish. This deals with some of the concerns of residents because those third party sites offer more payment options than the LindeX does.
Paypal does not work for everyone, in some countries you can’t withdraw from Paypal to a local bank account, that’s one of the reasons why everyone doesn’t use Paypal and whereas these changes do not deal with cashing out to local currencies, they do deal with purchasing Linden Dollars, progress of a sort there.
The blog post does state:
“We know that users are also concerned about the length of the LindeX’s cashout process and the limited choice of currencies when selling L$. We’re currently investigating ways to improve that experience for users while still providing superior fraud protections, and hope to hasten the cashout process and offer new currency options in the future.”
Continue reading “The Penny Drops On Why People Used Third Party Exchanges”