aurora is not a national currency
its just one altcoin creator that says it is. purely to pump and dump.
if it was a national currency he would concentrate on mining it and distributing it to his nation. and not to any person on the planet. he would also be getting the nation to accept it as payment for goods and services..... but he is not.
so its just an epic fail of a coin with nothing backing it (usefullness)
the same goes for mezacoin. the tribe that thy say is accepting meza coins have no idea about it and see no use of it.
they cant buy food, tools or propane with it and they like their traditions. so while out in the wilderness they dont rally have good internet access to trade while on horseback
How can you know this?
It all starts at the bottom of the food chain, and Island has a big bottom of the food chain.
If they start accepting it, it should work.
its not a national currency until its a national currency.
just because him and a couple of his friends use it, means nothing.
take me for instance. me and a group of local friends trade bitcoin, there are a couple shops accepting bitcoin.. so does my town or even my country now class bitcoin as a national currency... no..
so this guy doing not very much footwork to get it accepted by governments or merchants cannot possibly call it a national currency. unless he shows me 20,000 + merchants using it or atleast 50% of the population of his country holding it.. then its not a national currency
its currently just a pump and dump
