Quote from: JessicaG on June 16, 2016, 02:04:54 PM

Quote from: AngryDwarf on June 16, 2016, 11:10:12 AM

Quote from: JessicaG on June 16, 2016, 09:41:36 AM

I think there's a bit of delusional here. Targeting the Icelandic people might be the target, but will that truly be beneficial to them? This coin is just as international as any other coin that exists. So likewise subject to multipools, pump and dump potentials, hypes, you name it.
So yeah, nice if the coin would be truly adopted in Iceland and the drive behind it (Icelandic people has had its fill with...). And than comes some whales along or a pump and dump group, making this coin their new toy to make some profits on. Has the dev team considered and wagered the ethics and risks behind this?

The whole point is that if the Icelandic people are buying and selling in AUR, they will care as much about the exchange rate as much as the general populous cares about fiat exchange rates.

You're missing my point. Here's a brief summary in my own words how I'd read this topic, and the previous one:

Icelandic people were victims multiple times due to abusiveness of those above them or in control. The ISK plummeted to this, which affected the normal Icelandic people. Lots of anger and scandals, and the people left with devaluated assets. Auroracoin has the potential to liberate from this.

So okay, yeah, everybody in Iceland going for Auroracoin and breaking their shackles from fiat currency. Yeah. Great, we now have them Icelandic people set free and given them financial freedom. Yeah again. So, then comes a pump and dump group humptydumping along. Toying and hyping a bit with Auroracoin, and then plummet it down to ground. Group happy with profits, "bye-bye auroracoin, was fun" and regular user (read: like the Icelandic inhabitants) left with assets less valuable then before. Again.

^^^ Dev team ever thought of that possibility?

Or, another point of view:
So the ISK is kinda rigged, and was/is subject to them big bullies on top that got away unpunished and left a deflated national currency.
Bad thing, not nice, the ISK fucked over, lots of people unhappy, right?

So, we have had a volatile national coin, left quite deflated, with all kinds of regulations and restrictions imposed and in place. But, this is crypto. And if anything is volatile, AND subject to 'control' and what not, it's crypto!
Whales cannot push national currencies that hard. With crypto's, they can.
Corporate or entities cannot push national currencies that hard. With crypto's, they can.
P&D groups cannot push national currencies that hard. With crypto's, they can.
Etc.

Do you see the point I'm trying to make? Auroracoin is an interesting project, but could also backfire in the end on it's intentions.

You should sign up to a signature campaign! You write very good stories!

I enjoyed reading you story and I've just reminded me that I still have some AUR left somewhere.

I'll go search it!