auroracoin

  • No, A Cryptocurrency Can’t Fix A Broken Economy

    No, A Cryptocurrency Can’t Fix A Broken Economy

    Auroracoin, the digital currency given as a free hand-out to every resident of Iceland, was supposed to be a a salvo for a country rankled by a broken financial system. It was heralded as the beginning of hyper-localised crypto-currencies; it became the second-largest crypto-currency before it even launched, valued at half a billion dollars at…