Quote from: deemington on December 09, 2014, 12:44:29 PM

It sounds like an interesting idea.

The first thing that comes to mind is water rights. Wiki says that water bodies in Finland generally privately owned. Do you own the rights to any groundwater source? Also if I owned 1000 worth of a 'pegged' coin and I wanted some water how does that work? Thanks

It's very strange indeed that Wikipedia makes such claims.

Our ground waters are not privatized. Nestle et al have been trying to make that change and it has been a cause of significant amount of debate over here.

In essence, if you wanted to buy the water using any of the pegged coins, you would simply place a purchase on the Alliance online store, make the payment and get the water delivered to you on an ASAP basis.

The exact details are yet to be defined; the project is in a rapid state of development.

Yours,

Jyri
--
Altcoin.Center