Posts tagged iceland

In One Month, Everyone In Iceland Will Own Cryptocurrency

iceland, cryptocurrency, bitcoin, auroracoin, economics

The cryptocurrency craze spun into a new realm of ridiculous with Kanyecoin, Dogecoin, Ron Paul Coin and the bounty of other clone-coins that sprung up to ride the Bitcoin wave. But the latest altcoin to enter the market, Auroracoin, wants to take the futurist trend back to its cryptoanarchist roots. The altcoin was designed specifically for Iceland, and the creator plans to give every citizen of the Nordic country a digital handful of Auroracoins to kickstart their use. 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.

http://motherboard.vice.com/blog/in-one-month-everyone-in-iceland-will-own-cryptocurrency

With New Constitution, Post-Collapse Iceland Inches Toward Direct Democracy

iceland, collapsonomics, post-collapse, economics, politics, consitution, althingi

In late 2009, the Ministry organized a 1,000-member strong national gathering - a drill in collaborative “Where do we go from here?” brainstorming involving randomly selected citizens and a few handpicked prominent thinkers (Magnusson and Jónsdóttir were there). Groups of participants bounced ideas off each other, ultimately formulating a list of shared values. The summit organizers, through Magnusson and his tech-nerd compatriots, took those suggestions and came up with an aggregation of cherished mores in short order. Not long after the discussions finished - thanks to social media crowdsourcing - Iceland had a decent estimate of its moral compass.

http://truth-out.org/news/item/14097-with-new-constitution-post-collapse-iceland-inches-toward-direct-democracy

Evidence of a US judicial vendetta against WikiLeaks activists mounts

surveillance, 10GJ3793, USA, iceland, wikileaks, Birgitta Jónsdóttir

Most of us who expose an inconvenient truth know that we will be attacked for it and ridiculed. And every trick in the book of maintaining power will be applied to silence us. It’s no big deal. The beauty of it is that, usually, these attempts gives us a chance to see the actual face of power and to understand, with real-time examples, how healthy or unhealthy our democracies have become.

http://www.guardian.co.uk/commentisfree/2012/jul/03/evidence-us-judicial-vendetta-wikileaks-activists-mounts