Iclander here.

When I read about Bitcoin in 2011 I was very excited to try this new technology and anxious to go buy some Bitcoins right away.
I optimistically registered an account at mtgox and looked at every possible way to get my ISK to the exchange. After a while I gave up, the reason being that it was, and still is, illegal to transfer any amount of money from the country without a probable cause or a plane ticket.
So in a sense buying Bitcoins is illegal in Iceland do to capital controls.

When Auroracoin popped up, at first I thought to myself, hah, an "Icelandic" coin!.. how unexacting. But when I read about the airdrop I soon realised it actually could be the start of something revolutionary.

It will be very interesting to see how this experiment plays out. I hope, at the very least, people and media here in Iceland start talking about the use of crypto currencies, not just the price.

I am currently writing an article about crypto currencies in Icelandic to explain this new technology in simple terms and highlight the potential benefits of cryptocurrencies for the economy.

Regarding the development of Auroracoin, I will soon post a bounty thread on http://forum.auroracoin.org/ with a list of potential projects for Auroracoin. We need get some community momentum going and start developing and advertising.

-Joi