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Re: delete
by
verdun2003
on 29/03/2014, 19:58:13 UTC
It seems you do not like EU on one side and promote an "international" currency that is bitcoin. I can't find a link between communism and Aurora, I can just see free market forces working at its fullest - it's in the hands of the Icelanders to decide wether or not Auroracoin is a scam, pump and dump asset, a currency and what not. Most of the criticism that receives Aurora today remembers me of... bitcoin's early days.

If you follow closely AUR, you'll see that 20 stores already accept it over there, that a car has been sold for AUR and that the USD/AUR price is not the same as the one quoted in cryptsy or mintpal.

Let's wait and see what happens in the coming months, there may be some surprises..


Don't you think that distributing 50% of pre-mined coins among country population is socialistic or even communistic approach ?
I know several examples of similar asset distribution in post-commie countries in the past and every of these approaches was doomed to fail and lead to economic collapse. Most of the public assets ended up in pockets of a few oligarchs.


Not at all - for social/communist states, you need to steal, through force if necessary, from one set of people to transfer it to another set of people. Here, nobody was forced to buy AUR coins, it was people who used their free will to buy AUR coins for whatever reason (getting rich, supporting the cause, you name it) - this is capitalism at its best, where people exchange voluntarily.

You can't compare the AUR experiment to the post soviet era, where crony politicians sold to their friends the remains of state owned companies. Here, anybody could participate in buying AUR, knowing there was a 50% premine.