CREDIT: AP Photo/Rick Bowmer Digital currencies like Bitcoin could give impoverished Native American tribes an economic boost by giving them an alternative to the United States dollar. That’s what Native American activist Payu Harris is hoping will happen once MazaCoin takes off. Even as Bitcoin’s global system is rocked with the meltdown of its largest exchange, Harris introduced a Bitcoin spin-off, dubbed MazaCoin, at a digital currency conference in New York on Monday.
Could A Bitcoin Spin-off End The Cycle Of Poverty In Native American Communities?
Think Progress
Wed, 03/05/2014 - 12:23pm
Topics: credit ap photo/rick bowmer digital payu harris york the verge montana nebraska north dakota south dakota wyoming united forbes harvard wall street other could a bitcoin spin-off end the cycle of poverty in native american communities thinkprogress bitcoin native american states mazacoin bitcoin bitcoin s lakota u.s american native americans currencies alternative tribal currency reservations financial systems collateral coins sovereign dollar function global tribes system nation invest people money nations land finance
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