Mazacoin Aims to be Sovereign Altcoin for Native Americans
Iceland may be the first nation to get its own cryptocurrency, but if Payu Harris has his way, it won't be the last. This week, he hopes to mine the genesis block for mazacoin, an altcoin for the native American nation in the US. Specifically designed for the Traditional Lakota Nation, mazacoin is initially being targeted at the Oglala Lakota Nation, which is Harris' own tribe. He works at Kimitsu Asset Management, which is focused on creating a bitcoin-based native American tribal cryptocurrency. Harris is launching the altcoin under the Bitcoin Oyate Project, and hopes it will give....
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A Native American tribe is turning to the power of digital currency to meet their monetary needs. The Oglala Lakota Nation of North and South Dakota has reportedly adopted a bitcoin clone as their official currency, according to Forbes. Dubbed MazaCoin, the tribe is relying on their limited sovereignty in order to make this work - distancing themselves from the United States dollar. "I think cryptocurrencies could be the new buffalo," said Payu Harris, developer and Native American activist. "Once, it was everything for our survival. We used it for food, for clothes, for everything. It was....
In less than twenty days Auroracoin, Iceland's own national cryptocurrency, will be distributed throughout the entire population of Iceland. The "Airdrop" commencing at midnight March 25th marks the first local cryptocurrency to be distributed country-wide. Will Auroracoin establish the trend of country-based cryptocurrencies? In reality, it seems to be the case, with local currencies like MazaCoin and private money like Evergreen, all centered on a combination of various cryptocurrencies. Recently, the Lakota Tribe residing in areas of North and South Dakota have began adopting MazaCoin,....
The outcome of the U.S. presidential election is affecting how fast Americans will receive their second stimulus checks. With Joe Biden named the president-elect, Americans are eager to know how soon they will receive the second round of direct payments. The Senate goes back into session on Monday when the stimulus discussion will be prioritized. When Second Stimulus Checks Are Coming Many Americans were hoping that a new stimulus package with the second round of stimulus checks would pass before the presidential election. Now that the election is mostly over and former vice president Joe....
A dubious survey on NFT adoption among Americans, apparently from Piplsay Research, claims 18% of Americans own these collectibles. Dubious Survey Floats Around The Web, Says 18% Of Americans Own NFTs? According to Bitcoin.com, global consumer research platform Piplsay Research conducted a survey on NFTs between 3-5 September. However, the original poll is nowhere to […]
As a follow up to my piece "Why Bitcoin Value vs The U. S. Dollar Does Matter (And Never Will)", it is necessary to understand the fate of the U. S. Dollar is set in stone. The U. S. Dollar must collapse. Fait accompli. The average American is ignorant to this fact because: 1) An ignorant American consumer is the government's best customer. If Americans knew what was going on in the global economic markets, and what Washington ISN'T DOING to correct it, they'd storm the White House this evening! 2) The U. S. has not had an economic collapse in the last 80 years; so 95% of Americans don't....