11-11-2010 05:42 PM
Using Lindex and the standard LL channels, 3 to 10 working days to go from L$ to USD Balance to PayPal..
They say 3 to 5, but sometimes it's worse.
The old XStreet Exchange still works, through the end of this month:
It can do a PayPal payout in a minute or less.
11-14-2010 07:33 AM
The question in my mind is why Lindens were ever used at all, rather than funnelling money through PayPal in the first place. Though I suppose identity may be an issue, as well as some skimming money off in transaction fees.
Still and all, I have to wonder at what point other grids would set up their currency through PayPal and have the TPV clients with a 'PayPal Balance' meter in place of the L$ meter. Some form of secure, stable currency recognized across all grids would go a long way. Security is an issue, but no more an issue than if I put a PayPal 'donate' button on my web page, I would think. Has anyone else taken a good look at that?