Quote from: adamastor on April 20, 2016, 08:36:50 AM

Quote from: olarsson on April 19, 2016, 11:07:27 PM

Could someone summarize the benefits of Auroracoin?

It's has the same supply schedule as precious metals and the for acts like gold.

It's critical stats are easily accessible on the block Explorer when the stats of the krone are largely unknown

You can send money to and from iceland despite capital controls.

If the government migrates it's finances to the auroracoin block chain all public finances will be transparent.

You are responsible for the safety of your auroracoin which means banks can't touch your money or conduct risky business with your money.

Auroracoin will be spendable with smart phones.

Unlike the krone, the supply of auroracoin cannot be determined by corrupt icelandic bankers or politicians.

Public development projects can raise money from icelanders with a direct crowd funding campaign meaning taxes don't have to be used and the tax rate can then also bs reduced.

The people of Iceland can mint new currency with their computers. Before auroracoin, the minting if new currency was done by the central bank controlled by corrupt politicians. That freshly minted currency was then given to corrupt bankers who loaned the money out and made profits off of it while thenjoying old currency you had became weaker against international currency.

Unlike the krone themail people of Iceland owe more auroracoin than the bankers and politicians do meaning that when people use auroracoin the people benefit anfrom not the elite.

Lastly icelanders can now buy foreign goods and services with Auroracoin which the can't do with the krone.

You will also be able to mine with your CPU @block 225 000.

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