Iceland’s Bitcoin Pirates 2.0

Note from the CEO:   Let’s talk politics and elections. NOT OURS!!  FintekNews just ran an article on Iceland’s Pirate Party since one of their platforms was to bring Iceland into the digital world. They also wanted to make Bitcoin  a national currency. That’s BIG, especially for a EU member. Now, they came in third BUT have a lot of clout in forming a new government. Arrrrrrr Matey, congrats Pirates.

“There was no Pirate takeover, but the upstart party managed to make waves in Iceland.

Iceland’s party leaders are due to meet the country’s president to discuss who will form the next government, after an election that produced big gains for the radical Pirates but gave the largest bloc of seats to centre-right incumbents.

No party gained a parliamentary majority in an election dominated by public discontent at the establishment after years of financial crisis and political turmoil.

The Independence Party took 29 per cent of the vote and 21 of 63 parliament seats in results announced Sunday. Leader Bjarni Benediktsson said the party should be given a mandate by President Gudni Th. Johannesson to form a new coalition government.

Outgoing Prime Minister Sigurdur Ingi Johannsson of the Progressive Party said he would hand the president his resignation so that a new government can be formed.

The Pirates — anti-authoritarian advocates of direct democracy and digital freedom — almost tripled their vote share from 5 per cent in 2015 to 14.5 per cent on Saturday, and will get 10 seats in Iceland’s parliament, the Althingi.”

Read Full Article at TheStar