How much do you know about Bitcoin's origin story? Here I am with a topic you won’t find anywhere else and have never read before!
Since I was personally involved in those years, I am writing as someone who knows all the details!
I claim that you've never read this anywhere before!
You probably know Bitcoin as the pioneer of virtual currency,
But the truth is quite different! Let's take a look at what existed before Bitcoin!
The Linden Dollar (L$) emerged in 2003 alongside a game called Second Life. This period marked a time when the internet and virtual worlds were beginning to spread. In-game economies and virtual currencies existed even before this period, but the Linden Dollar stood out because it allowed users to convert their earnings into real money. Linden Dollar was introduced with Second Life in 2003, and Bitcoin was launched in 2009. This shows that the Linden Dollar appeared six years before Bitcoin.
The Linden Dollar should be recognized as the first widely accepted virtual currency due to its convertibility to real-world money and the systematic way this exchange was facilitated. This made it a milestone in the economic systems of online games and virtual worlds. In short, the first virtual currency that inspired Satoshi was the Linden Dollar (L$), and the first major event was in 2006, when a player from China’s Hubei province, Ailin Graef, turned a $10 investment into millions of Linden Dollars, making her the first Linden millionaire. This story caused quite a stir and was talked about for weeks. One more detail worth mentioning is that this game is also considered the main pioneer of the metaverse craze, even regarded as its ancestor!
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