People do realize that the entire yearly GDP of Iceland is around 12.5 billion USD right?
People realize that this coin is being propagated, no matter how indirectly, as a 'currency replacer' of a NATION STATE by someone who doesn't even come forward with his identity, right?
People do realize that right now the entire BITCOIN market is around 7 billion USD....right?
In other words....Aurora is going to casually 'add' about 3% of its entire GDP (at current prices) over a period of 4 months (supposedly) to a nation state comprising of 340,000 people. About 300 million USD.
Based on a 50% premine that the dev supposedly holds secure, without slowly cashing it out over time, and no one knows who he is. A premine he will supposedly generously distribute for free to the population of the entire nation.
What the hell is wrong with this picture?
SHHHH, stop asking rational questions. lol.
Exactly. As a comparison Mazacoin is 100x more legit. And it's now confirmed to be the official Lakota people's currency.
Video interviews and a public and know team with Maza. All out in the open. I think Maza is going to be one for the history
books at this point. It's a true first.
With AUR 99% of the coins are held by Dev and no one can know for sure if they can hold back from cashing in on a million dollars
or much much more anytime they please with no accountability.
The saddest scenario would be that this is a scam and that the pre-mine is dumped and this time the news will run with that
since AUR has tons of press. All on the heels of Gox. Thereby further damaging crypto's reputation to a new low.
I hope this is real. That is all.