[ANN][AUR] Auroracoin - a cryptocurrency for Iceland

Not sure if you people actually think people of Iceland will receive this coin or trolling.......

I clearly stated a few times that although i find the project interesting and do able, I doubt it will really happen.

“They can make it illegal to own or trade auroracoin,” said Óðinsson. ”However, they will never be able to control such a decentralized system, or stop Icelanders from using the currency, without turning Iceland into a police state.”

Even that wouldn't work. You would have to ban the internet globally for it not to be able to be used, then their would be mesh networks, routers connected to form wifi networks that would ban together to make their own internet, then it would be unstoppable.

Only maniac minister would not wellcome 1B dollar boost to the country's economy.

You know , for that boos to happen , icelanders would have to ditch their actual currency , which is worth a bit more

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Think of it like this, not having to ditch one currency for another. I hold many criptocurrencies. I did not simply throw away one currency for another besides trading some coins for others. Yes I mine some coins which i can't mine others while mining some other coins but you get the idea. So say someone comes to your town and gives out free money which you can't spend yet locally but if infrastructure was put in you could; but you can go online and buy stuff with/trade with. Are you going to say no to that? Its like here take (example $50 worth of pcoins and you can have them for free). Person says thanks and goes online and looks up pcoins. Says wow, I can trade these for food, candy, clothes, gift certificates, etc. Also to make a currency illigal, would that make it not be able to be used? Remember probibition in history and bootlegging? What about the war on dr ugs? Did they simply dissapear? They are still there, just not sold at some places, but others. Same thing with this coin if it was simply "illigal", which if they banned one crypto, why this one and not that one etc questions would arise.

You're not making any sense. Honestly.
If people start using aurora there , they will ditch the same amount of their national currency.

Just because you have both aur and the krona it doesn't mean you're going to buy two beers instead of one.
It amount the m1 supply , which for a healthy economy it must stay the same in this case.

Secondary you're talking here about a heavy inflation taking place which will only make things worse for some people.