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Topic: AURORACOIN - Empowering Financial Freedom - page 92. (Read 138034 times)

newbie
Activity: 27
Merit: 0
Left a comment for some free AUR Smiley. The price went really down hill in last couple of days is there some insider news or are people just dumping since the hype with 'reactivation' is gone.
sr. member
Activity: 378
Merit: 251
Free auroracoin give away @ www.auro-auro.com
sr. member
Activity: 378
Merit: 251
BauldersGate

Can Auroracoin become Iceland's biggest source of revenue?

Aurora coin is a precious commodity found deep in the heart of Iceland's volcanoes. This heat rises to the surface and is used as geothermal energy to warm homes and power electric generators on the island. This electricity then gets used up by thousands upon thousands of computer processes dedicated solely to a task known as "mining" in the crypto currency world. The government can invest in its own mining of aurora coin in Iceland and be in a brilliant position where the low price of power can give them a discount.

(baldur o) dinson  PR rep
:/
not seen here
http://auroracoin.is/EN/index.php/the-team/development/the-team/

He is an enthusiastic member of our community, who chose an unfortunate nick name which he can't change. He is no member of our DEV team, that is correct, but we do value his enthusiasm  Wink

Quote

We are currently almost finished with the AUR-ISK exchange. Once that is in action, we might start some ATM projects!

Quote
http://aurcoin.is/
Can you do videos of the shops on that map and document buying/selling>

I'll try to get those, sounds like a good idea! We're starting PR campaigns soon as well, video's will help for sure :-)

hey guys im back from holiday, can we get a set launch date for the krona exchange.

I've set up an auroracoin Brockerage here in South Africa and have 4 happy clients with a long queue of people eager to buy in.

I stopped publishing on the aurorapr.co.vu website and will be starting fresh @ www.newmoneyiceland.co.

I'm currently ranked 41 on the auroracoin rich list and aim to be the biggest holder of auroracoin soon, you can view my account @ https://bitinfocharts.com/auroracoin/address/AJsSczid9naHXFtSyPWdpqFvf4C7upgtjs

Is there any way in which I can help the dev team with their pr efforts?
legendary
Activity: 1025
Merit: 1000
ltex.nl
BauldersGate

Can Auroracoin become Iceland's biggest source of revenue?

Aurora coin is a precious commodity found deep in the heart of Iceland's volcanoes. This heat rises to the surface and is used as geothermal energy to warm homes and power electric generators on the island. This electricity then gets used up by thousands upon thousands of computer processes dedicated solely to a task known as "mining" in the crypto currency world. The government can invest in its own mining of aurora coin in Iceland and be in a brilliant position where the low price of power can give them a discount.

(baldur o) dinson  PR rep
:/
not seen here
http://auroracoin.is/EN/index.php/the-team/development/the-team/

He is an enthusiastic member of our community, who chose an unfortunate nick name which he can't change. He is no member of our DEV team, that is correct, but we do value his enthusiasm  Wink

Quote

We are currently almost finished with the AUR-ISK exchange. Once that is in action, we might start some ATM projects!

Quote
http://aurcoin.is/
Can you do videos of the shops on that map and document buying/selling>

I'll try to get those, sounds like a good idea! We're starting PR campaigns soon as well, video's will help for sure :-)
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
BauldersGate

Can Auroracoin become Iceland's biggest source of revenue?

Aurora coin is a precious commodity found deep in the heart of Iceland's volcanoes. This heat rises to the surface and is used as geothermal energy to warm homes and power electric generators on the island. This electricity then gets used up by thousands upon thousands of computer processes dedicated solely to a task known as "mining" in the crypto currency world. The government can invest in its own mining of aurora coin in Iceland and be in a brilliant position where the low price of power can give them a discount.

(baldur o) dinson  PR rep
:/
not seen here
http://auroracoin.is/EN/index.php/the-team/development/the-team/

where do I buy if I'm in .is?
http://auroracoin.is/EN/index.php/where-to-buy/

http://aurcoin.is/
Can you do videos of the shops on that map and document buying/selling>
full member
Activity: 131
Merit: 100
Can Auroracoin become Iceland's biggest source of revenue?

Aurora coin is a precious commodity found deep in the heart of Iceland's volcanoes. This heat rises to the surface and is used as geothermal energy to warm homes and power electric generators on the island. This electricity then gets used up by thousands upon thousands of computer processes dedicated solely to a task known as "mining" in the crypto currency world. The government can invest in its own mining of aurora coin in Iceland and be in a brilliant position where the low price of power can give them a discount.

+1

To the Aurora!!  Grin Grin

Cheap clone!
Thank you lord for the cheap things you gave me this year!
Otherwise I wouldn't make it with my end meets. Bless Cheesy
hero member
Activity: 686
Merit: 500
Fall seven times, stand up eight.
Can Auroracoin become Iceland's biggest source of revenue?

Aurora coin is a precious commodity found deep in the heart of Iceland's volcanoes. This heat rises to the surface and is used as geothermal energy to warm homes and power electric generators on the island. This electricity then gets used up by thousands upon thousands of computer processes dedicated solely to a task known as "mining" in the crypto currency world. The government can invest in its own mining of aurora coin in Iceland and be in a brilliant position where the low price of power can give them a discount.

+1

To the Aurora!!  Grin Grin

Cheap clone!
legendary
Activity: 2142
Merit: 1025
Can Auroracoin become Iceland's biggest source of revenue?

Aurora coin is a precious commodity found deep in the heart of Iceland's volcanoes. This heat rises to the surface and is used as geothermal energy to warm homes and power electric generators on the island. This electricity then gets used up by thousands upon thousands of computer processes dedicated solely to a task known as "mining" in the crypto currency world. The government can invest in its own mining of aurora coin in Iceland and be in a brilliant position where the low price of power can give them a discount.

+1

To the Aurora!!  Grin Grin
sr. member
Activity: 378
Merit: 251
Can Auroracoin become Iceland's biggest source of revenue?

Aurora coin is a precious commodity found deep in the heart of Iceland's volcanoes. This heat rises to the surface and is used as geothermal energy to warm homes and power electric generators on the island. This electricity then gets used up by thousands upon thousands of computer processes dedicated solely to a task known as "mining" in the crypto currency world. The government can invest in its own mining of aurora coin in Iceland and be in a brilliant position where the low price of power can give them a discount.
full member
Activity: 248
Merit: 100
In Iceland Bitcoin and Auroracoin are considered to be commodities like gold and silver, which can act like a currency but are not currency!

Has there been a statement on VAT?

You know, every time I see "ISK" mentioned it
brings back memories of the days I spent on EVE online... Grin

Regarding the VAT issue. The Icelandic tax that handles VAT in Iceland has these rules on their website: https://www.rsk.is/atvinnurekstur/virdisaukaskattur/skattskylda-og-skattprosentur/nr/100 use google translate.

The most interesting and clear thing on the site is the text in the beginning explaining that you have to pay VAT for all sales of commodities, products or services when it's part of your commercial business.

Then they declare what is not a commodity: "Stocks, bonds or other such business papers, such as coins and stamps, when its used as a means of payment but not for collecting or as printed commodity"



From this I gather you don't have to pay VAT when you buy/sell Auroracoin for the purpose of using it as a means of payment.

But you have to pay VAT of the things you buy using Auroracoin, i.e. you buy a "hot dog", for 1 AUR and the seller of the "hot dog" has to pay VAT just like if you bought it with ISK.

Regarding the ISK.... more people (340.000) use ISK in EVE online than use ISK in Iceland (320.000).
legendary
Activity: 996
Merit: 1013
In Iceland Bitcoin and Auroracoin are considered to be commodities like gold and silver, which can act like a currency but are not currency!

Has there been a statement on VAT?

You know, every time I see "ISK" mentioned it
brings back memories of the days I spent on EVE online... Grin
hero member
Activity: 741
Merit: 500
Lol I think that it clearly shows the serious of these vikings.
full member
Activity: 248
Merit: 100

Why is bitcoin illegal in Iceland but not AUR or is bitcoin not illegal based on the above? AUR is really a bad clone of bitcoin but inherently performs the same function. Once you in the system you can bypass exchange controls. I believe this is what the user wants to find out.



Bitcoin is not illegal in Iceland. What is illegal is buying USD for ISK, to buy Bitcoin. It's the currency controls! This is also the reason for Auroracoin. The people here were given Auroracoin, they didn't have to buy it for USD.

If you want to use Bitcoin to bypass the currency controls, you can also just buy fish in Iceland and export it for USD or EUR.  You can also open a hotel in Iceland and accept USD and EUR.

Same rules apply, you have to return the currency you make from exporting commodities or providing services back to the Icelandic banking system.

In Iceland Bitcoin and Auroracoin are considered to be commodities like gold and silver, which can act like a currency but are not currency!
newbie
Activity: 27
Merit: 0
I have made contact with a government official in Iceland and will be mailing her all the details about AUR and if it will be legal to implement the ISK/AUR exchange. I will be mentioning you can use AUR to buy bitcoin but also that it will be used mainly for use in Iceland. Should have answer back next month, I will also be giving the details of the 3
foundation members. Once I have feedback from her I will inform the community to let you know what the real situation is so you more informed.

Please can the foundation members PM me your numbers and email addresses so she can get in contact with you to find out more information.

Pétur Árnason (IC) - Chairman of the Aurarad foundation
Hermann  Finnbjörnsson (IC) - Boardmember of the Aurarad foundation
Hlynur Þór Björnsson (IC) - Boardmember of the Aurarad foundation

Will this email address [email protected] be fine ?

Since this has been a topic of discussion:

Our lawyer sent letters to the Central bank and the FSA because we want to run a cryptocurrency brokerage business/exchange in Iceland trading, buying and selling etc.
These two letters are the formal letters from the Central Bank and the FSA in Iceland that our lawyer received.

The first letter is from the Central Bank and signed by the Deputy Governor.

http://i.imgur.com/xuaNLyf.jpg

Notice the beginning of the last two paragraphs:

"Laws do not require you to get any license to do business with cryptocurrency"

and

"Currently there are no laws that will call for government intervention regarding business like you describe ".


This is the formal letter from the Legal department of the Financial Supervisory Authority

http://i.imgur.com/qUiy3Dl.jpg

Notice the last paragraph in yellow "Doing business with crypto does not require any license from the FSA"

Why is bitcoin illegal in Iceland but not AUR or is bitcoin not illegal based on the above? AUR is really a bad clone of bitcoin but inherently performs the same function. Once you in the system you can bypass exchange controls. I believe this is what the user wants to find out.

full member
Activity: 248
Merit: 100
I have made contact with a government official in Iceland and will be mailing her all the details about AUR and if it will be legal to implement the ISK/AUR exchange. I will be mentioning you can use AUR to buy bitcoin but also that it will be used mainly for use in Iceland. Should have answer back next month, I will also be giving the details of the 3
foundation members. Once I have feedback from her I will inform the community to let you know what the real situation is so you more informed.

Please can the foundation members PM me your numbers and email addresses so she can get in contact with you to find out more information.

Pétur Árnason (IC) - Chairman of the Aurarad foundation
Hermann  Finnbjörnsson (IC) - Boardmember of the Aurarad foundation
Hlynur Þór Björnsson (IC) - Boardmember of the Aurarad foundation

Will this email address [email protected] be fine ?

Since this has been a topic of discussion:

Our lawyer sent letters to the Central bank and the FSA because we want to run a cryptocurrency brokerage business/exchange in Iceland trading, buying and selling etc.
These two letters are the formal letters from the Central Bank and the FSA in Iceland that our lawyer received.

The first letter is from the Central Bank and signed by the Deputy Governor.



Notice the beginning of the last two paragraphs:

"Laws do not require you to get any license to do business with cryptocurrency"

and

"Currently there are no laws that will call for government intervention regarding business like you describe ".


This is the formal letter from the Legal department of the Financial Supervisory Authority



Notice the last paragraph in yellow "Doing business with crypto does not require any license from the FSA"
full member
Activity: 126
Merit: 100
I have made contact with a government official in Iceland and will be mailing her all the details about AUR and if it will be legal to implement the ISK/AUR exchange. I will be mentioning you can use AUR to buy bitcoin but also that it will be used mainly for use in Iceland. Should have answer back next month, I will also be giving the details of the 3
foundation members. Once I have feedback from her I will inform the community to let you know what the real situation is so you more informed.

Please can the foundation members PM me your numbers and email addresses so she can get in contact with you to find out more information.

Pétur Árnason (IC) - Chairman of the Aurarad foundation
Hermann  Finnbjörnsson (IC) - Boardmember of the Aurarad foundation
Hlynur Þór Björnsson (IC) - Boardmember of the Aurarad foundation

Will this email address [email protected] be fine ?

Póstaðu bara upplýsingunum um viðkomandi ríkis starfsmann hérna inn eða sendu mér bara númerið / tölvupóstfang hjá viðkomandi og ég hef bara beint samband við hann. Get líka boðið viðkomandi í heimsókn og farið ýtarlega yfir öll mál.

English version
Post the info on the government official in here or send me a pm with his number/ email and i will contact him personally. I can also invite this person to come to see us and we can go over all matters with him.
newbie
Activity: 31
Merit: 0
I have made contact with a government official in Iceland and will be mailing her all the details about AUR and if it will be legal to implement the ISK/AUR exchange. I will be mentioning you can use AUR to buy bitcoin but also that it will be used mainly for use in Iceland. Should have answer back next month, I will also be giving the details of the 3
foundation members. Once I have feedback from her I will inform the community to let you know what the real situation is so you more informed.

Please can the foundation members PM me your numbers and email addresses so she can get in contact with you to find out more information.

Pétur Árnason (IC) - Chairman of the Aurarad foundation
Hermann  Finnbjörnsson (IC) - Boardmember of the Aurarad foundation
Hlynur Þór Björnsson (IC) - Boardmember of the Aurarad foundation

Will this email address [email protected] be fine ?
legendary
Activity: 1025
Merit: 1000
ltex.nl
Aurora coin has been created for the islandic peoples, i really didnt knew that! ...But is interesting the foresight of the owner during the finnancial international crise what started to affect worldwide economy since 2008. Them premine was used for help peoples, that's awsome idea and, old or new, Aurora coin remain one of my favourite crypto currencies.

Is this the start of a new pump or sell out now and leave coin for dead? Come on, with such a low supply you have to keep the pumps coming for AUR.

Did you miss the discussion about trading/speculation moving to another thread?

Please keep this thread for constructive discussion related to services, development, marketting, etc.

-Fuse

Fuse, I think it's better to totally ignore trolls. It's far below your level anyway, to mix in these kind of discussions, I think.

Play fair. It's the trade talk that has helped get this to 18 pages, if we were just talking about development this ANN would be on page 1 discussing OSX compiles.

What's with all this OSX compile stuff?....

hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
Aurora coin has been created for the islandic peoples, i really didnt knew that! ...But is interesting the foresight of the owner during the finnancial international crise what started to affect worldwide economy since 2008. Them premine was used for help peoples, that's awsome idea and, old or new, Aurora coin remain one of my favourite crypto currencies.

Is this the start of a new pump or sell out now and leave coin for dead? Come on, with such a low supply you have to keep the pumps coming for AUR.

Did you miss the discussion about trading/speculation moving to another thread?

Please keep this thread for constructive discussion related to services, development, marketting, etc.

-Fuse

Fuse, I think it's better to totally ignore trolls. It's far below your level anyway, to mix in these kind of discussions, I think.

Play fair. It's the trade talk that has helped get this to 18 pages, if we were just talking about development this ANN would be on page 1 discussing OSX compiles.
hero member
Activity: 778
Merit: 1000
Aurora coin has been created for the islandic peoples, i really didnt knew that! ...But is interesting the foresight of the owner during the finnancial international crise what started to affect worldwide economy since 2008. Them premine was used for help peoples, that's awsome idea and, old or new, Aurora coin remain one of my favourite crypto currencies.

Is this the start of a new pump or sell out now and leave coin for dead? Come on, with such a low supply you have to keep the pumps coming for AUR.

Did you miss the discussion about trading/speculation moving to another thread?

Please keep this thread for constructive discussion related to services, development, marketting, etc.

-Fuse

Fuse, I think it's better to totally ignore trolls. It's far below your level anyway, to mix in these kind of discussions, I think.
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