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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