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Well, that’s what I’m calling it anyway.  It’s the square that is dedicated to the founder of Reykjavik, Ingólfur Arnarson.  He was a viking who saw the smokey bay and named it after that steam.

Today you can still see the steam coming up from the ground.

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It’s a nice open square.  And there’s a pole dedicated to the founder.

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Don’t ask me to translate, I don’t know Icelandic.  But regardless, it look pretty cool.