Baldur Friggjar Odinson alternative currency yildiz park specially developed for conditions in Icel

On March 25, 2014 will receive 330,000 Icelanders through digital transactions 31.8 AUC (Auroracoinů). Currency name and logo symbolizes the aurora. This digital unit of account to help develop the economy and it is the citizens' initiative. "The nation is freed from the bondage of paper currency", according to the website Auroracoin.org new digital currency. The creators of this exchange have big plans. In their view, the digital currency bitcoin proved sustainable and successfully managed to bypass the political system and banks. Volatility in currency values, however, nobody cares. yildiz park
Baldur Friggjar Odinson alternative currency yildiz park specially developed for conditions in Iceland. In Iceland, is connected to the internet 96% of the population, which makes a similar experiment makes possible mutual payment. When issuing the AUC used data from the population registration system, which allows examination of identity of each recipient. The creators of this digital currencies hope that they manage to break the link between banks that have become "too-big-to-fail", the too big to fail. Therefore speculate ostošest, aware that it is out of trouble will have to pull taxpayers yildiz park and politicians scared. Therefore Icelandic activists want to introduce money independent of the machinations of banks and governments. In this respect, the creators of the truth.
Corrupt political elites current fraudulent system protects and Iceland is a country that wants to be democratic and free. See our articles on how Icelanders have mastered the local crisis (Island As he turned to banking and political thieves). Foreign investors have about investing in Iceland double interest. Why, too, though it is preferable to inflate the balloon the national debt, equity and partly ongoing real estate bubble. Here are the promised gains more interesting, especially when central banks borrow so cheaply!
The creators of digital currency AUC complain that the nationalization of banks and the introduction of controls on capital movements has become a brake on development of foreign trade. But the measure was adopted as a temporary and necessary to stabilize yildiz park the economy yildiz park and it is quite successful. How is build on legs economy and reduce unemployment, those interested can read here
The graph shows how gradually fell like a stone down the Icelandic krona. After 80 years it occurred only Urvan financial markets of the chain, which led to the debasement of currencies linked to global currency USD in general. Whether the system yildiz park will be successful remains to be seen. The question will be how this parallel currency will react financial authorities. If this concept is successful, it could also be used in other severe crisis-affected countries. Risks virtual currency
However, this concept really risk-free? Virtual currency remains as manipulable. If not issued by the central bank, will now be issued to people associated in Aurora. Definitely this currency is positive that the big banks that are "too big to fail" and central banks that caused the current crisis will be shut down.
But whenever she got in the history of money creation to finance any group soon began this his "privilege" of abuse in their favor and sucked money from those who have the money either voluntarily yildiz park or compulsorily used to paying. It may well happen even in the digital currency. That is why we are here today penězoměnectví false system that spans the globe and became the evil that reigns and just so easy to give up their power.
However, this will be an interesting experiment to watch. However, a few printed papers as a reserve, we recommend the event of power failure. Keep a little more down to earth sometimes pays off.
what prevents speculators buy up all the WS AUC? nothing. Therefore, no CB in the world has the gold standard. Therefore redeem this currency is not a problem (but the largest economies. GBB But is that a speculator (I think it was Soros, or Bufet.Nechce with me now look for) a few years ago waved quite harshly. Indeed, with some 330 000 Iceland ... . 2 are possible protection from the weather. Either one global currency, or nonconvertible currency Alojs Novak # TyhaPebe76 yildiz park
".... What prevents speculators buy up all the WS AUC? ..." Well, if this currency will skupena, then I should be introduced and the first 2 menu is declared invalid. yildiz park And all nešpekulanti and Citizens should yildiz park of course get 1 1 turnover nova menu. Len multinationals or domestic financial groups scalpers would have remained worthless currency. There is no problem to introduce a menu in which the data will be precise odsledovať financial flows. This monitoring would be used subsequently identified financial spekulantov. So ...... all round comfort, relax, baccy .... beauty in simplicity :) Read more: ht tp: //www.dolezite.sk/Islandane-introducing-paralelni- digital-menu-hjASxU. html # # ixzz2twsfl0d6 smartang BohuPyki56 yildiz park
It eventually the electronic currency by itself is not