I thought capital controls on foreign investors of Icelandic bonds had recently been toughened. Are you investing or speculating? As it stands, BTC can't cope with global retail volume so is turning more into an international settlement system like all those shipments of gold over a century ago IMO. A local payment currency such as AUR may prove more stable for day to day trade than an international currency. One thing for certain is that people are used to using one currency in their pocket, so persuading people to use 100's of different crypto's is a tough ask. So many of these extremely useful service crypto's are probably only going to end up worth their actual usage, people will only buy them when they need to use them.
If AUR is heading for the retail usage route, it may want to look at incorporating some technology from DASH.
Don't count on it. I understood Auroracoin inherited the Digibyte core? Digibyte has a crappy core, due to it's 15 seconds block time: No instant usability (
https://bitcointalk.org/index.php?topic=408268.msg15188688#msg15188688)
Auroracoin having 61 seconds block time, is up for the same.
Most wallets are crap build on crap... the Digibyte wallet is no exception in this. We are aware of that. That's why we have a few maintenance releases upcoming, to remove a lot of cruft that accumulated in time (check the official forum on plans and discussions around that). That having said, block times are no issue, for AUR sync times are not that bad (yet). For fast payments, use web wallets, or a payment provider that instantly confirms.
(snip)...
The average Icelandic citizen wil remain shackled by the same controls though. This is mainly why the results of coming elections will be of epic proportions leaving the current establishment empty-handed and probably put a PM in the parliament that is pro Auroracoin!
If you come to think of it, the chances of Auroracoin being excepted in Island might be very slim at best. I believe Island has had their fills with all sort of scams left and right, right? So no matter the takeover, Auororacoin has a scam
history.
So how'd you think
that will be perceived?
I don't agree with the scam history. As far as I see, the original dev of auroracoin laid out a plan, fulfilled it and disappeared (the follow up by the current dev team could have been better, but that's past us now). If people here think it's a scam... it doesn't matter, BCT is not the target audience, the Icelandic people are.
Iceland has about 3.3k inhabitants... the size of an mid-sized Dutch/European city. We had a media campaign almost 2 months ago and this gained a lot of interest in Iceland. The type of interest you would not get if people where "tired of scams". The same could be seen on the Icelandic AUR exchange last week.