Admittedly, I look at a ban as only symbolic at the most. The way to police that sort of law just isn't worth the logistical effort.
Speaking of which, I still don't see the logistics of this "airdrop" working without either a significant company being involved or government intervention occurring. If the government bans it, then we're looking at the only feasible way of distributing all of these coins through some sort of major company that can coordinate all of the efforts that will be needed for this.
Either way, I see the price continuing on its downward trend. I still expect a price increase a few days before the 25th, but after that, the downward trend will accelerate.
Speaking of which, I still don't see the logistics of this "airdrop" working without either a significant company being involved or government intervention occurring. If the government bans it, then we're looking at the only feasible way of distributing all of these coins through some sort of major company that can coordinate all of the efforts that will be needed for this.
Either way, I see the price continuing on its downward trend. I still expect a price increase a few days before the 25th, but after that, the downward trend will accelerate.
Only political figures and central bankers reportedly attended the Parliament meeting, however, representatives of the digital currency were noticeably absent.
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“They can make it illegal to own or trade auroracoin,” said Óðinsson. ”However, they will never be able to control such a decentralized system, or stop Icelanders from using the currency, without turning Iceland into a police state.”
Stay tuned...
