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Topic: Iceland and Bitcoin (Read 364 times)
Capitalism Prevails
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Iceland and Bitcoin
June 25, 2013, 02:08:32 AM
#1
I don't consider myself and expert on this idea but wouldn't Iceland be perfect for mass adoption of Bitcoin? Think about it.
1. Dirt cheap electricity for mining(geothermal power).
2. Cold weather to keep mining processors cool.
3. Strategically positioned between Europe and North America for network connections/servers and so forth. I think they're building servers in Iceland for other reasons as well.
4. Populace is well educated compared to most developed countries as they don't have much else to do except read a lot.
5. They hate banks!
What do you think?
BTC: 1KX3MSyeHoubjvRMvkc4DXBXvEx9fr9cvV Strength In Numbers
LTC: LaGawfU1ZJu33Lj6CX6NJ5WXWsfjPbLLLW In Cryptography We Trust
NMC: N5EUwGbCNF1AYmZqNu9J7aYJVKxqbJoJG8 Cut Off One Node, Two More Will Take Its Place
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