Quote from: farreli on June 26, 2014, 04:46:36 AM

I think the proyect is abandoned , but i think Catalunya needs a great proyect of a national cryptocurrency, in November there will be a referendum about independence from Spain, its a great idea to Catalunya to be backed off by an alternative currency, a innovative one, providing people a new way to improve the economic wealth of a new formed country. More than Auroracoin (i think in the beggining was a great idea), this new X cryptocurrency have all the winning cards to become a key point in the adoption of decentralied money. I think there is time left to the dev team to go ahead with the proyect and take it seriously, if not another dev team could make another launch.

I think the key is to inform political forces of pro-independency parties of the feasibility of making a national cryptocurrency, the big pro-independency party is an anticapitalism one, ERC and i think they will be interested, Spain allways arguee about Catalunya never will be aceppted in EU neither EURO currency if independence wins, having the posibility of making a strong national crypto is more than a threath to Spain.

Well, I definitely do not think that that new project should back off in light of Catalonia's independence Wink

. You probably meant that a future Catalan currency could be backed by the new country, which is valid but unnecessary. In my view, the point of cryptocurrencies is that they do not need any backing. The Catalan people can use bitcoin or develop their own cryptocurrency without asking anybody's permission, with or without independence.

The only point of national (or group-restricted) coins is if they can provide something unique that would be impossible in the universal framework, e.g., equal initial distribution. Auroracoin and all the others have failed in that only a tiny percent of the population actually claimed their share (they cannot grow now, because if they did they would be sharply unequally distributed then). Consequently, any valuable national coin should avoid any premine and airdrop, and be gradually distributed instead to provable individuals, as I proposed a few posts ago:
https://bitcointalk.org/index.php?topic=518418.msg6761117#msg6761117