██[MZC] MazaCoin - National Currency - now @ RussiaToday, Independent, Telegraph

[xamido]

OMG, what happens guys? no one believe maza again ?

No, the coin is going back to the where it's supposed to be. The price before are not sustainable. We're getting to the actual price without artificial pump.

[remistevens]

I seem to recall everyone running around calling Bitcoin the "official" currency of the internet as if that has any more truth to it!

Or how about the Bitcoin Foundation, that den of crooks and con artists being the "official" spokespeople for Bitcoin.

It is so funny that for being a decentralized currency, the crypto community desperately searches for a higher power to bless it and become a central authority for it.

Thats awesome, so true.

I think people have been taught to believe they have no control. That's why every single price move is referred to as a pump or dump. People can't fathom that a free market might actually be at play and that there isn't a master controller sitting at the helm of everything.

[empowering]

The Mazacoin founding press release stated that Mazacoin was "commissioned by the Oglala Lakota Nation" with the task of creating for them "the first ever Sovereign National Crypto-Currency." Now some people have claimed that Mazacoin was claimed to be an "official" currency of the Oglala Lakota Nation. But there is a clear difference between a currency being commissioned to be created, and it being officially adopted. The former would mean the Oglala Lakota Nation looked upon the currency with approval, the latter would mean the currency was legally adopted. But nowhere was it claim by the founder of Mazacoin that Mazacoin was a legally adopted currency of the Lakota. In fact there was a written document that was an agreement between Payu Harris and David Mills, of the Oglala Sioux Office of Economic Development. The agreement can be downloaded here:

http://cryptominers.freeforums.org/the-memorandum-of-understanding-t10.html

http://www.oglalalakotanation.org/oln/PROGRAMS_-_SERVICES.html  

Now even though mazacoin is not the official currency of the Lakota, this evidence shows the agreement between Harris and officials of the Lakota Nation that established mazacoin as a currency. This is not as amazing or news-breaking as "official currency of the Lakota Nation" but it's still a ground-breaking move in crypto-currency.

Nice post, no matter what the hell you think, it is quasi-official because it's not like the Lakota are just going to turn around and create a new crypto to supplant the work Payu has been doing. This is the first and only chance the tribes have to do anything like this, there will be no 2nd shot so in that sense it is official.

Also at this point, it has not done anything for them yet... if they can get a mining community going and earn from and make Maza work for them, and it brings them in millions, and say even more money than they get from the federal gov then they have a shot at being more independent and if it works for them, then I can imagine them going all out and crossing the line and saying to the gov- yep its official... but at this point.. if they let it grow there is nothing to fight... then if it works they can say, yes this is our currency, take your funding, we no longer need it and send your men with guns if that is what you need to do... shoot us in front of the eyes of the whole world and see where that gets you.  

If they take this approach, and they in their self governing capacity make Maza legal tender on the reservation, alongside the dollar , and stuck by their position, and worked to make good of it in the reservation, then this could be really something and the legal status could still be coming further down the line which is why I think it is more than worth backing, and I have done so.

They should aim for the future, and aim big, the technology is there and at a price point that works, and if they take what they want and need from modern society and leave the rest... this could be a great win for them.  Really in this day and age indigenous peoples of all of the globe should be helped in an effort to help them where they need it, and help them and help us preserve their rich cultural heritage, which is interwoven with the heritage of all of mankind. I have visited indigenous tribes in several places around the world and the economic disparity is insane when in those same countries there is vast wealth, and much if not all of it has come at the expense of the lives and cultures and lands of the indigenous habitants that have by on large been held down on an institutional level for a very long time... decisions made decades, half a century ago, still reverberating down the generations to present day, the invisible boot still stamping on their faces.

I think that crypto currency really could help these guys... if they embrace it and turn it into the industry of the tribe, educate and create and build...propser, and there is a window here they could really leverage, and I think that is what Harris is trying to do...

I tip my hat to them...

I am personally buffaloish on Maza.

[coins101]

Not sure if this report by the Wall Street Journal on MazaCoin made these pages 

http://blogs.wsj.com/moneybeat/2014/03/07/lakota-indian-promotes-new-digital-currency-mazacoin/

Now it will make radio and TV news soon. That will be fun to watch.

[coins101]

It also hit the news wire services - these get pulled in by those that don't have reporters but still need to pull in newsworthy stories

http://www.npr.org/blogs/codeswitch/2014/03/07/287258968/a-native-american-tribe-hopes-digital-currency-boosts-its-sovereignty

[TeddyBear1]

Not sure if this report by the Wall Street Journal on MazaCoin made these pages 

[Suspicious link removed]j.com/moneybeat/2014/03/07/lakota-indian-promotes-new-digital-currency-mazacoin/[/url]

Now it will make radio and TV news soon. That will be fun to watch.

I like the:

"CORRECTION: An earlier version of this post said mazacoin had been adopted as the Lakota currency. It has not been officially endorsed by the council."



also all the news articles are old now, nothing new coming....

[murraypaul]

But the FUD spreaders are saying it is not official in the sense of vote by council. I don't know what the council of the Lakota said or did about it or what role they had.

It isn't FUD, it is the truth.
It has been loudly claimed on this forum that it was an official currency of the tribe.
It isn't. That is the truth.
It does't mean that the coin is designed as a scam, or that it isn't hoped that the tribe might adopt it.
And we do know what the president of the council of the Lakota said about it.

[xamido]

But the FUD spreaders are saying it is not official in the sense of vote by council. I don't know what the council of the Lakota said or did about it or what role they had.

It isn't FUD, it is the truth.
It has been loudly claimed on this forum that it was an official currency of the tribe.
It isn't. That is the truth.
It does't mean that the coin is designed as a scam, or that it isn't hoped that the tribe might adopt it.
And we do know what the president of the council of the Lakota said about it.

Yes, it's not official, but i'm willing to accept their white lie. 

[BlackMarket]

OMG, what happens guys? no one believe maza again ?

Why? They didn't lie about anything.

price keep droppping, everybody just want sell their coin 

[FryguyUK]

Not sure if this report by the Wall Street Journal on MazaCoin made these pages 

[Suspicious link removed]j.com/moneybeat/2014/03/07/lakota-indian-promotes-new-digital-currency-mazacoin/[/url]

Now it will make radio and TV news soon. That will be fun to watch.

I like the:

"CORRECTION: An earlier version of this post said mazacoin had been adopted as the Lakota currency. It has not been officially endorsed by the council."



also all the news articles are old now, nothing new coming....

-ready further above-

Target for this coin was between 0.25 - $1.
Can't wait for commercial involvement especially casinos.

Payu and co are probably working very hard right now.

[bitranger]

I am new here.in my first post i thought this was a scam..I hadn't did my research!.

Since then i have and i've  changed my mind..this is how i see it in simple terms

What Payu is trying to accomplish for ALL native americans is the same as what bitcoin is trying to do  for the world!.

We need to break the CHAINS around our necks and take the power back!

Payu and his team put a face behind the effort for his cause and i QUOTE

“I think cryptocurrencies could be the new buffalo,”

Standing on the banks of the Little Bighorn River last year, a son of the once-mighty Oglala Lakota Tribe made a promise to continue his ancestors’ fight against the United States. Only this time the war wouldn’t be fought with arrows or bullets, but with QR codes and cryptography.

“My family fought and died on this soil,” recalls Payu Harris , a Bitcoin developer and native activist. “Suddenly the story of Custer’s Last Stand wasn’t just words on a page but something deeply personal. I looked at how things were for the tribe now and suddenly had an idea about how we might fix it. We can’t continue to be 20 years behind the times, always trying to catch up. We have to be forward-thinking.”


If you are invested in Mazacoin quit thinking about it as a TRADE and the daily ups and downs

Think about it as a way to help the people that once roamed and hunted most of this Nation and never took from it more than they needed just to survive! Remember EVERYTHING is CONNECTED in Life!

If we don't Help who will?..I want all of you to listen to these videos please

http://www.youtube.com/watch?v=g7cylfQtkDg

http://www.youtube.com/watch?v=tqfvUA2vRAM

http://www.youtube.com/watch?v=9piIziXU9RE

http://www.youtube.com/watch?v=Z57zs_Q67Ng

[coins101]

But the FUD spreaders are saying it is not official in the sense of vote by council. I don't know what the council of the Lakota said or did about it or what role they had.

It isn't FUD, it is the truth.
It has been loudly claimed on this forum that it was an official currency of the tribe.
It isn't. That is the truth.
It does't mean that the coin is designed as a scam, or that it isn't hoped that the tribe might adopt it.
And we do know what the president of the council of the Lakota said about it.

We still don't know what the President of the U S of A has said about Bitcoin either 

[Herp]

Watch the Payu Harris interview http://www.youtube.com/watch?v=TGR3in8iOoc

Many tribes adopting Mazacoin is total fairytale.

Payu says himself he'll work with other tribes as go to coin guy, if they want their own currency.

It's much more appealing to other native indians to start their own coin and get free stash instead of adopting someone else's currency from which they didn't get squat. Get it? Payu will be there to help them launch their own currency but it won't be Mazacoin.

So expect many "mazacoins" from various tribes if this catches on, where each tribe can do their own pre-mine or hold their own stash reserve.

[remistevens]

I am new here.in my first post i thought this was a scam..I hadn't did my research!.

Since then i have and i have changed my mind..this is how i see it in simple terms

What Payu is trying to accomplish for ALL native americans is the same as what bitcoin is trying to do  for the world!.

We need to break the CHAINS around out necks and take the power back!

Payu and his team put a face behind the effort for his cause and i QUOTE

“I think cryptocurrencies could be the new buffalo,”

Standing on the banks of the Little Bighorn River last year, a son of the once-mighty Oglala Lakota Tribe made a promise to continue his ancestors’ fight against the United States. Only this time the war wouldn’t be fought with arrows or bullets, but with QR codes and cryptography.

“My family fought and died on this soil,” recalls Payu Harris , a Bitcoin developer and native activist. “Suddenly the story of Custer’s Last Stand wasn’t just words on a page but something deeply personal. I looked at how things were for the tribe now and suddenly had an idea about how we might fix it. We can’t continue to be 20 years behind the times, always trying to catch up. We have to be forward-thinking.”


If you are invested in Mazacoin quit thinking about it as a TRADE and the daily ups and downs

Think about it as a way to help the people that once roamed and hunted most of this Nation and never took from it more than they needed just to survive!

If we don't Help who will?..I want all of you to listen to these videos please

http://www.youtube.com/watch?v=g7cylfQtkDg

http://www.youtube.com/watch?v=tqfvUA2vRAM

http://www.youtube.com/watch?v=9piIziXU9RE

If you support the plight of impoverished natives, the safeguarding of the environment, the rise of crypto currencies AND you want to own a rising asset. Buy MZC, hold and wait.

[remistevens]

Watch the Payu Harris interview http://www.youtube.com/watch?v=TGR3in8iOoc

Many tribes adopting Mazacoin is total fairytale.

Payu says himself he'll work with other tribes as go to coin guy, if they want their own currency.

It's much more appealing to other native indians to start their own coin and get free stash instead of adopting someone else's currency from which they didn't get squat. Get it? Payu will be there to help them launch their own currency but it won't be Mazacoin.

So expect many "mazacoins" from various tribes if this catches on, where each tribe can do their own pre-mine or hold their own stash reserve.

Surely, but Maza will always be the first giving it more value. It will also take a while to get others started. There is also the possibility that the Lakotas would be generous with MZC to smaller tribes to encourage them to adopt MZC instead of their own. . . . Oversaturation would be an issue that would cannibalize all the tribal coins, they'd be better off to encourage all North American Natives onto one currency. . .Of course that's a hard sell when the premine is dedicated just for Lakotas - something that could change especially if the price were to skyrocket.

[bitranger]

Watch the Payu Harris interview http://www.youtube.com/watch?v=TGR3in8iOoc

Many tribes adopting Mazacoin is total fairytale.

Payu says himself he'll work with other tribes as go to coin guy, if they want their own currency.

It's much more appealing to other native indians to start their own coin and get free stash instead of adopting someone else's currency from which they didn't get squat. Get it? Payu will be there to help them launch their own currency but it won't be Mazacoin.

So expect many "mazacoins" from various tribes if this catches on, where each tribe can do their own pre-mine or hold their own stash reserve.

great gardens grow from just a few SEEDS!

[Herp]

Watch the Payu Harris interview http://www.youtube.com/watch?v=TGR3in8iOoc

Many tribes adopting Mazacoin is total fairytale.

Payu says himself he'll work with other tribes as go to coin guy, if they want their own currency.

It's much more appealing to other native indians to start their own coin and get free stash instead of adopting someone else's currency from which they didn't get squat. Get it? Payu will be there to help them launch their own currency but it won't be Mazacoin.

So expect many "mazacoins" from various tribes if this catches on, where each tribe can do their own pre-mine or hold their own stash reserve.

Surely, but Maza will always be the first giving it more value. It will also take a while to get others started. There is also the possibility that the Lakotas would be generous with MZC to smaller tribes to encourage them to adopt MZC instead of their own. . . . Oversaturation would be an issue that would cannibalize all the tribal coins, they'd be better off to encourage all North American Natives onto one currency. . .Of course that's a hard sell when the premine is dedicated just for Lakotas - something that could change especially if the price were to skyrocket.

They can't be generous with only 50 million total reserve. That's not even enough for themselves, a 5% of the total quantity, let alone to give out to others.

[Herp]

Watch the Payu Harris interview http://www.youtube.com/watch?v=TGR3in8iOoc

Many tribes adopting Mazacoin is total fairytale.

Payu says himself he'll work with other tribes as go to coin guy, if they want their own currency.

It's much more appealing to other native indians to start their own coin and get free stash instead of adopting someone else's currency from which they didn't get squat. Get it? Payu will be there to help them launch their own currency but it won't be Mazacoin.

So expect many "mazacoins" from various tribes if this catches on, where each tribe can do their own pre-mine or hold their own stash reserve.

great gardens grow from just a few SEEDS!

Sure but in our case there will be different types of seeds in many different gardens.

[vleroybrown]

pls sell sell sell. so I may buy buy buy

[FryguyUK]

But the FUD spreaders are saying it is not official in the sense of vote by council. I don't know what the council of the Lakota said or did about it or what role they had.

It isn't FUD, it is the truth.
It has been loudly claimed on this forum that it was an official currency of the tribe.
It isn't. That is the truth.
It does't mean that the coin is designed as a scam, or that it isn't hoped that the tribe might adopt it.
And we do know what the president of the council of the Lakota said about it.

We still don't know what the President of the U S of A has said about Bitcoin either 

Indeed, but I'm sure they have reservations about bitcoin because it was wholy unknown (to them at least) before it got the attention it has now. The Government also missed out on buying up "gold" at $3 less each. The rest of the world had tonnes of it especially criminals, but as soon as they seized that 600,000 from silk road they suddenly went 'chill' about bitcoin. I only read senators asking for bans now not seen anything from the whitehouse in some time correct me if I'm wrong.
What are they going to say about a "commodity" that the impoverished native americans pluck out of thin air and sell to investors like me abroad... in effect sucking money into the US for free. True the government is restricted on what nasty things they can bend to their benefit in regards to contracts and agreements, but this is the 21st century and it is a progressive global mission to pull all humans out of poverty... like bitcoin if you listen to anything Andreas says.

Obama is a large supporter of native americans, at least what I've read.