Icelanders can now each claim $400 worth of Auroracoin, the country's new digital currency

At midnight this morning in Iceland, digital currency fell from the sky. The developer behind Auroracoin, a digital currency designed exclusively for Iceland, has made $125 million worth of coins redeemable by Iceland's 330,000-or so citizens. "The people of Iceland are being sacrificed at the altar of a flawed financial system." The goal is to decentralize power and revive Iceland's local economy, given that the kroner has fallen dramatically in value in recent years.

via Tech News Headlines - Yahoo News http://ift.tt/1gVSuuJ