Status #23118

Doing my part to place 101 and real change on [...]


Reykjavík
via Ubuntu Planet
Doing my part to place 101 and real change on the map. Auroracoin is one project I am working on here in Iceland to help free ourselves from unjust banking practices. Auroracoin101.is is in the works. The coin is now 3 years old and still strong though young in its implementation. That is changing this quarter.
David T
This, like Bitcoin, is still a value-based system based on money concepts. No change.here.
Friday 27 January 2017, 17:16:50
MegaHertz
not true. fixed money supply. decentralized control. efficient governance.
Sunday 29 January 2017, 23:13:30
MegaHertz
money-based system based on value concepts. exact opposite of your perception.
Sunday 29 January 2017, 23:14:19
David T
Money-based, value-based systems are the complete opposite of the Ubuntu concept.
Tuesday 7 February 2017, 20:10:03
Ryan W
Money is required, there is no cold turkey off switch. I don't know much about aurora coin but if it is a crypto currency it's backed by the people who contribute to the decentralized infrastructure. Block chain is EXTREMLEY important and has more Implications for recording our history that Ubuntu would agree is important.

Money is worthless without TRUST, that's why we are here. We put our TRUST in money and we didn't put our money in TRUST, a decentralized value system means no one controls it and it's backed only by its users it can be TRUSTED.

I understand Bitcoin and Etereum have had thier ups and downs, it's a new idea, but any one can create a currency using the block chain and these currencies get thier value from the TRUST the coin makers/users have shown. Remember that the block chain is intended to be a perfect ledger. If you act in your public capacity to do business in the future essentially any one can know about it and look it up.

This is makes it impossible for fraud to occur without being easily noticed, commercial transactions, contracts, and agreements will exist alongside our other written history so it's not lost again.

If we are worried that 'it's not private enough' I would remind anyone that they are not permitted to see what goes in and out of a Swiss bank account but the government can see in yours. So pulling the covers off for everyone using the currency is a price to pay.

Now what happens when a rich banker decides to get on board, maybe the buy millions in bitcoins because they realize no one is using thier fiat money. This bankers every move is going to be public knowledge people will know the measure of everyone's CHARACTER as we must act as we wish to be seen so that others may know what we believe.

The NO MONEY society might happen one day, it's going to take time to get there, if you learned something about Bitcoin just now I would suggest you try an learn more be cause I don't even know enough to mine my own coins yet.

If I've made an assumption in this comment I'd appreciate being corrected.
Thursday 16 February 2017, 02:19:37
Stephan du Plessis
Do you have a blog somewhere? If not, then I would like you to write on my blog
Saturday 6 May 2017, 21:11:49
Stephan du Plessis
Are you familiar with Steemit.com? Here's my account link, check it out. This platform allows you to earn crypto [SBD] Steem Dollars equal to USD. This is a decentralized social platform on the STEEM Blockchain. Check it out https://steemit.com/@coindup
Saturday 6 May 2017, 21:20:31
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