“Auroracoin is the brainchild of cryptocurrency enthusiast Baldur Friggjar Odinsson, and he’ll be the one distributing pre-mined coins to the entire population of Iceland at midnight on March 25 in a countrywide ‘airdrop.’ Each Icelandic citizen—all 330,000 of them—will receive 31.8 AUC through a digital transaction. Citizens all have a national ID number available through a public database, which will be used to verify their identity. Now he’s encouraging developers to make tools like payment software and virtual wallets for currency, and calling on all global currency exchanges to accept the new Nordic altcoin come March.”
http://motherboard.vice.com/blog/in-one-month-everyone-in-iceland-will-own-cryptocurrency
Related posts:
U.S. military judge: ‘Torture’ is not ‘relevant’ in Guantanamo cases
The Top Russia-ETF Value Play
Pfc. Bradley Manning Unsworn Statement during Sentencing Trial
Debt: Still Cheap, and Getting Looser
The DOJ’s “Operation Choke Point” Has Driven 30 Industries To Bitcoin
Social Security and Medicare: Twin Disasters Loved by All Age Groups
Just What I Was Afraid Of: Feinstein To Hold NSA Hearings
3D-printing gun site DEFCAD now attracting 3K visitors an hour, 250K downloads since launch
The Feds Seized 35 Money Exchange Sites - full list
VC Tim Draper Wins US Marshals Auction Of 30,000 Silk Road Bitcoins
Tennessee Republican tells girl her father has to be deported as tea party crowd cheers
New York Times: End Prohibition, Again
Expats in Spain warned to declare offshore assets
New Dodd-Frank regs halt margin trading on precious metals in the U.S.
Why I Joined Shield Mutual