MazaCoin: Native American tribe adopts bitcoin derivative as ‘national currency’

Love this 🙂


James Vincent, 03 March 2014, The Independent

A confederation of seven Sioux tribes in the US have created a digital currency similar to bitcoin and adopted it as their official national tender.

The Oglala Lakota Nation (notable members of which include Sitting Bull and Crazy Horse; the chieftain who secured a victory over General George Armstrong Custer at the Battle of Little Bighorn) has launched MazaCoin in the hopes that it will help to lift the tribe out of poverty.

Bitcoin developer and member of the Lakota Nation Payu Harris says that he wants to take advantage of the semi-autonomous nature of certain Native American tribes within the US to oust the dollar in favour of more “forward thinking” alternatives.

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About Jesse Mathewson

Jesse Mathewson is the author of the popular blog, and provides commentary to many varied places based on a background that includes education in criminal justice, history, religion and even insurgency tactics and tactical training. His current role in his community is as an organizer of sorts and a preacher of community solidarity and agorism. He also runs Liberty Practical Training, a self defense school specializing in the practical applications of defensive approaches versus the theoretical. As an agorist, voluntaryist and atheist his life is seen as crazy and wild by many, though once they get to know him most realize he is a bluntly honest individual who will give you the shirt off his back if he believes it is necessary to help you. Very simple, "That which is voluntary between all individuals involved is always right, if it is not voluntary, it is always wrong."
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