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People all around the world are using auroracoin to pay for things, gift family and friends, crowd fund ideas and even for smart contracts that can be coded into the blockchain.
Auroracoin is available on several exchanges including bittrex.com and cryptopia.co.nz trading as $AUR !
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Is there AURORACOIN roadmap ?
No, not really. Things are released as they are finished. We're a bit low-profile with regards of hyping things. im taking auroracoin to afrikaburn2017 if you would like to see auroracoin gifted away to people from all over the world we will be meeting in tankwa town in the karoo desert. You can send coins to AJsSczid9naHXFtSyPWdpqFvf4C7upgtjs http://www.afrikaburn.com/ |
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I really enjoyed meeting lcelander samual kristjansson in cape town this evening. Anybody know him?
Anyways he says he sold his free auroracoin as soon as he claimed them. Doesnt take any interest in cryptocurrency at all.
Where is the public debate on this in iceland?
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Mr antonopolous is in Cape Town on the 6th of March at a local bitcoin meet up.
I was hoping I could ask him questions as a representative of auroracoin?
Please do not present yourself as a representative of AUR. If you want to introduce yourself as an enthusiast and user, that's fine. -Fuse Got you. I'll try and get some video footage. |
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Mr antonopolous is in Cape Town on the 6th of March at a local bitcoin meet up.
I was hoping I could ask him questions as a representative of auroracoin?
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Getting rid of cash is the most stupid thing a country could do. It makes your whole economic infrastructure dependent on the power grid AND network infrastructure. For both you can't guarantee 100% uptime. Cryptos complement cash, not replace it.
All this discussion by central banks is focusing on how to upgrade the existing system to compete against bitcoin but not how to work with bitcoin to make a better system It's like they have shut out the possibility of using bitcoin/ auroracoin to their advantage from the start. Based on the statements from the central bank of iceland it looks like they will completely ignore the possibilities of using auroracoin as a asset to back the krona. When it comes to influence why not create a protest movement that demands the cB buys auroracoin Hi adamastor, Your comments have been more insightful lately then in the past. My compliments for that. We had some internal discussion regarding this CB meeting. This also shows that the foundation is positioning themselves as an authority on crypto/blockchain tech. I think this is a good development. It also shows the CB is a bit clueless on what can be done and what should be not (hence my previous comment). Even if the CB releases their own "i-krona" blockchain, they have the same trust record regarding ISK in terms of financial stability (which is poor and is the reason why AUR exists in the first place). For now I don't see the CB people as the bad guys and I consider all options open. Mind that these are just initial talks. Though it's good that the interest and discussion about cryptocurrencies is getting stronger here in Iceland adamastor is on the right track here. They are not about to try and implement a decentralised, fixed cap cryptocurrency here (which in my opinion is the only two factors that make Bitcoin and derived coins unique as an electronic currency). What they would do is to strip those factors out so for one they could centrally control it, at least it would not come to a community consensus when faced with changes. They would always make sure that they would be able to enforce their will and secondly they are scared of the idea of a fixed cap currency. Their ideas involve a fixed, predetermined and permanent (till they feel otherwise) inflation into the currency. IMHO these changes to a cryptocurrency break the very concept of Bitcoin. These two factors I mentioned of fixed money supply and a decentralisation where the community leads the way are an essential to our cause. Yes I called it a cause as to me that is what Auroracoin is. It's our opportunity, the oppressed to take control out of the hands of the oppressors (dramatic words I know but to me it's accurate) and we should not accept a solution from the guardians of this system we have in place now that is designed to keep us slaves of dept, where the only advantage we have is stripped out and we are left with the same arrangement we have now, only with a blockchain to run it. I do not consider the Central Bank to be an enemy, it's just a institute full of people that are themselves (mostly) slaves of dept but they are working for this institute that was set up to guard the system we want removed. So in reality for the CB to accept cryptocurrencies in their natural form would be like for them to accept that their own existence is needless. Of course there would always be institutes to try to regulate and stabilise the currency and economy but it would not operate in the form a CB does today. I do applaud that they are looking more into cryptocurrencies and I think it will be beneficial to us in the end.  At some point the cB must see that putting auroracoiN on their balance sheet will have massive benefits for Iceland. How ever the cb has massive debt with the IMF and most decisions aren't even made by icelandic bankers but the imf and nato instead The cB will make every excuse possible not to buy auroacoin and go on a scare campaign to dissuade people from using auroracoin. I think the goal of replacing the krona with Auroracoin is technically very difficult and the complexity of the process will meet resistance from average citizensure. A more direct goal could be to pressure the cB to buy auroracoin as a reserve asset for the krona enriching everyone who holds the krona and everyone who has auroracoin as well. This could also become a very simple target for a protest movemeMt. |
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Getting rid of cash is the most stupid thing a country could do. It makes your whole economic infrastructure dependent on the power grid AND network infrastructure. For both you can't guarantee 100% uptime. Cryptos complement cash, not replace it.
All this discussion by central banks is focusing on how to upgrade the existing system to compete against bitcoin but not how to work with bitcoin to make a better system It's like they have shut out the possibility of using bitcoin/ auroracoin to their advantage from the start. Based on the statements from the central bank of iceland it looks like they will completely ignore the possibilities of using auroracoin as a asset to back the krona. When it comes to influence why not create a protest movement that demands the cB buys auroracoin |
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A growing number of central banks, including those of Sweden, Denmark, Finland, the UK, Russia, China and India, are investigating the feasibility of issuing central bank digital currency (CBDC) using the blockchain distributed ledger technology pioneered by Bitcoin.
They should soon realize the feasibility is not there at all. Unless 7 transactions per second or w/e is enough for them. It was an interesting talk at the Central bank yesterday. They were going over the blockchain/Bitcoin technology and what central banks around the world are doing. Ending up suggesting that perhaps the Icelandic Central bank should start issuing the Icelandic currency (ISK) on a blockchain. I ended up talking to the to Jón Helgi Egilsson, vice chairman of the Icelandic Central Bank, after the meeting. He was enthusiastic of plowing the field of issuing the national currency of Iceland on a blockchain. We discussed the limitations of Bitcoin transaction volume and other challenges of Bitcoins and how it might effect their project. I explained to him how a Auroracoin project was doing and he seemed impressed of our hard fork and what we were doing in general with the Auroracoin project, even though it is a blatant "fork off" of the ISK. He suggested that the Central bank might need further information on our project and what we are doing, to help them on their journey to issue the ISK on a blockchain. Hopefully we can build on this relations and influence the Central Bank of Iceland Surely the people need to make demands of their bankers. Demands like the bank should use auroracoin as a reserve asset for the krona. Auroracoin doesn't have to be a hard fork of the krona it can help the krona in many ways |
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How will the auroracoin foundation respond if the government closes the bank accounts of isx.is.?
Well Iceland is not China even though we have capital controls. Hope it never comes to it. Adamastor, I think you're reading too much into it. The government wouldn't close bank accounts. I think what they are advocating for is to stop the production and use of bank notes and coinage. People would still need to have some kind of store of money, and the bank accounts would be that store. However, instead of using cash, you would use cards. It's logical, and frankly a good step forward in my opinion. It paves the way for the argument that the logical choice for currency needs would be crypto at that point. Less fees, more control of your money than with banks and credit cards... you know, the reasons the idealists come to crypto in the first place. I wish the US would do away with physical currency. It cost twice as much in materials to make a damn penny than what it actually is worth to spend. -Fuse Baldur mentioned in his original article that the only way the government can stop auroracoin is by becoming a fascist police state. I don't think the icelandic government is that extreme yet but I'm trying to forecast every possible scenario. Banning cash won't be done to make people's life easier it will be done with a more sinister agenda that might turn into more rigid financial controls later like shutting down people s accounts if the government feels threatened in any way |
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How will the auroracoin foundation respond if the government closes the bank accounts of isx.is.? |
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Im gonna come clean and say I have a man crush on LTEX.
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Watsup with the volume drop on bittrex and spike on cryptopia ?
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Unfortunately the Guy is from Poland and doesn't want to sell for Auroracoin, just cash  meh. looks like adamastor got a bit ahead of himself there. what to say...? probably nothing. Haha sorry for the false alarm |
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