Silicon Valley Startup to Bail Out Zimbabwe
link - http://appfrica.net/blog/2010/04/01/zimbabwe-switches-to-linden-dollars/ According to Wikipedia, “the economy of Zimbabwe collapsed from economic mismanagement, resulting in 94% unemployment and hyperinflation. Inflation has surpassed that of all other nations at over 80 sextillion(1021)% (although it is impossible to calculate an accurate value), with the next highest in Ethiopia at 41%. It currently has the lowest GDP real growth rate in an independent country and 3rd in total (behind Palestinian territories.)” Today, with an awe inspiring announcement, virtual world startup Second Life has announced an unheard of deal to bail out the Zimbabwean economy with it’s virtual currency, Linden Dollars. This is the first time in history a virtual economy has come to the aid of a real one. Second Life creator Philip Rosedale made the stunning announcement via a virtual press conference after inviting the world media to join him for a surprise April unveiling. “Today, Second Life has truly accomplished something. When my company created this virtual world, we always envisioned it could be a force for good. Last month I met with Zimbabwean officials and we both agreed that to help stabilize their economy, we’d offer them a 0% interest loan of 1.3 trillion Linden Dollars (about 5 billion U.S.). We will also assist them in their transition to rebuild their economy on our currency, The Linden.” Behind him stood Second Life’s chief economic officer, Paul Gitner, who’s avatar was a giant eggplant wearing a ‘Go Zim!’ TShirt. “This is a time for real celebration. It’s a big day for the Linden dollar and a new direction for this beautiful country.”
This is a great april fools story. I like. On Thu, Apr 1, 2010 at 9:45 AM, Jon Gosier <j.gosier@appfrica.org> wrote:
link - http://appfrica.net/blog/2010/04/01/zimbabwe-switches-to-linden-dollars/
According to Wikipedia, “the economy of Zimbabwe collapsed from economic mismanagement, resulting in 94% unemployment and hyperinflation. Inflation has surpassed that of all other nations at over 80 sextillion(1021)% (although it is impossible to calculate an accurate value), with the next highest in Ethiopia at 41%. It currently has the lowest GDP real growth rate in an independent country and 3rd in total (behind Palestinian territories.)”
Today, with an awe inspiring announcement, virtual world startup Second Life has announced an unheard of deal to bail out the Zimbabwean economy with it’s virtual currency, Linden Dollars. This is the first time in history a virtual economy has come to the aid of a real one.
Second Life creator Philip Rosedale made the stunning announcement via a virtual press conference after inviting the world media to join him for a surprise April unveiling. “Today, Second Life has truly accomplished something. When my company created this virtual world, we always envisioned it could be a force for good. Last month I met with Zimbabwean officials and we both agreed that to help stabilize their economy, we’d offer them a 0% interest loan of 1.3 trillion Linden Dollars (about 5 billion U.S.). We will also assist them in their transition to rebuild their economy on our currency, The Linden.” Behind him stood Second Life’s chief economic officer, Paul Gitner, who’s avatar was a giant eggplant wearing a ‘Go Zim!’ TShirt. “This is a time for real celebration. It’s a big day for the Linden dollar and a new direction for this beautiful country.” _______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks ------------ Skunkworks Server donations spreadsheet http://spreadsheets.google.com/ccc?key=0AopdHkqSqKL-dHlQVTMxU1VBdU1BSWJxdy1f... ------------ Skunkworks Rules http://my.co.ke/phpbb/viewtopic.php?f=24&t=94 ------------ Other services @ http://my.co.ke
Feels like dancing on graves and malnourished peoples dreams. This is not a joke and dont like it. On 4/1/10, Charles Mwangi <mwangicharles@gmail.com> wrote:
This is a great april fools story. I like.
On Thu, Apr 1, 2010 at 9:45 AM, Jon Gosier <j.gosier@appfrica.org> wrote:
link - http://appfrica.net/blog/2010/04/01/zimbabwe-switches-to-linden-dollars/
According to Wikipedia, “the economy of Zimbabwe collapsed from economic mismanagement, resulting in 94% unemployment and hyperinflation.
Don't wait for success; hunt it down like there's no tomorrow.
I wouldn't take it so seriously. But your opinion is your opinion and I respect it. -- Jonathan D. Gosier Appfrica International P.O. Box 1420 Kampala, Uganda http://appfrica.net - African Technology and News Blog http://appfrica.org - East African Venture Capital and Incubation UG +256.773806071 USA +1.415 830 3781 UK +20.32398156 Skype j.gosier Twitter appfrica On Thu, Apr 1, 2010 at 11:05 AM, Peter Osotsi <peter.osotsi@gmail.com> wrote:
Feels like dancing on graves and malnourished peoples dreams. This is not a joke and dont like it.
On 4/1/10, Charles Mwangi <mwangicharles@gmail.com> wrote:
This is a great april fools story. I like.
On Thu, Apr 1, 2010 at 9:45 AM, Jon Gosier <j.gosier@appfrica.org> wrote:
link - http://appfrica.net/blog/2010/04/01/zimbabwe-switches-to-linden-dollars/
According to Wikipedia, “the economy of Zimbabwe collapsed from economic mismanagement, resulting in 94% unemployment and hyperinflation.
Don't wait for success; hunt it down like there's no tomorrow. _______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks ------------ Skunkworks Server donations spreadsheet http://spreadsheets.google.com/ccc?key=0AopdHkqSqKL-dHlQVTMxU1VBdU1BSWJxdy1f... ------------ Skunkworks Rules http://my.co.ke/phpbb/viewtopic.php?f=24&t=94 ------------ Other services @ http://my.co.ke
participants (4)
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Charles Mwangi -
Jon Gos -
Jon Gosier -
Peter Osotsi