Pirate Party Gains Favor as Trust in Iceland Government Crumbles

The Pirate Party of Iceland may form the government under power-sharing agreement after negotiations between various parties fail. Iceland may soon turn favorable for Bitcoin and blockchain startups as the Pirate Party is expected to partner with other political parties to form the country’s government. The party has received an invitation from the country’s president to be part of the power-sharing pact following the recent elections. The Pirate Party of Iceland, with its anti-establish principles, has been a vocal proponent of Bitcoin. In the legislative elections, held on October 29,....

Iceland’s elections will take place on October 29, which will be an important day in history for the nation. Assuming the Pirate Party becomes the biggest party, they will need to create a coalition. Things are getting very exciting over in Iceland, where the local Pirate Party is gaining a lot of momentum for the upcoming elections. What makes this group of like-minded individuals so impressive is their favor for Bitcoin as a payment method. They also want to grant Asylum to Edward Snowden, and clean up the corruption in the country. Iceland is due for new governmental elections very....

The Pirate Party in Iceland is not a team of seafarers with parrots on their shoulders scouring for treasure, but rather a radical political unit poised to take power in Iceland. The group was founded about four years ago by a team of alleged hackers and activists; it rose to fame the following year to capture nearly five percent (three seats) of the Icelandic parliament. Among the party’s bullets include a favor of democracy, government transparency, the legalization of drug activity, and offering Edward Snowden a place to stay (just in case he ever gets tired of Moscow). The Pirates, as....

Iceland’s Pirate Party, part of a worldwide movement representing hackers, anarchists and Bitcoin enthusiasts, could possibly lead the country’s next government after Saturday. Current opinion polls have it ahead of any other party. Although eight parties appear on the polling chart, under a parliamentary system it’s usually the largest party that has the opportunity to form a government first. Unlike the U.S. and U.K., it’s not winner-take-all. Iceland elects its parliament proportionally, meaning the legislature may look exactly like this pie chart soon. Early Election Due to Political,....

Iceland’s Pirate Party may very well win the national elections on Saturday. According to recent polling, the Pirate Party, which stands for internet and financial freedom rose to fame employing swarm activism tactics, ranks as high as 22.5%. Meanwhile, the conservative Independence Party is polling around 21-23%, while its coalition partner, the Progressive Party, only garners 9%, and will likely lose its ruling status. Last year the Pirates polled even higher, as high as 35%. If the election were held at that time, the party would have easily secured enough seats in parliament to....