In a time of economic instability and uncertainty, more and more people are looking at alternative methods for dealing with currency. Cryptocurrency has seen a rise in popularity with digital currencies such as Bitcoin gaining widespread attention from businesses and the media.
In this video, in partnership with VICE & MOTHERBOARD, Heathcote Ruthven travels to Iceland to learn about Auroracoin, the country’s own version of Bitcoin. Given Iceland’s small size, geothermal energy, and technologically literate population, the chances of Auroracoin enjoying success seem high. Yet, it is not clear what exactly succeeding will achieve. How will it meaningfully undermine governments? Will it redistribute wealth? Or redefine it? Or will it merely be old capital’s new clothes?
Read the full article at https://www.unlimited.world/motherboard/new-currency-at-the-end-of-the-world?campID=SOME-UNLIMITEDARTICLE-GLOBALEXUS-ENG-YOUTUBE-UNLIMITED-HOMEPAGE-CURRENCYICELAND-20170808-ANY-ALLFOLLOWERS-ORGANIC
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