Post
Topic
Board Altcoin Discussion
Re: Auroracoin is a gimmick
by
batboy
on 28/02/2014, 01:15:04 UTC
Lets just say a load of people, I mean average people like your parents get given this and told its like Bitcoin. Guess what they are gonna do with it?

What would your parents and grandparents do with it.


BINGO!!!!

Expect the biggest dumps in crypto history as they sell them for 'real' money.

This is a very good point. Seeing how the general public has responded to bitcoin/cryptocurrencies and the general (technological) barriers to entry (as simple as it may seem to you) for the average citizen, I cannot see the majority of the Icelandic population being aware of this coin, not to mention having to figure out how to access it and use it.