is MAZACOIN the only legal cryptocurrency?

[koby]

I understand the subject but I want to know some numbers:

How much money can I make If I have 1,000 Mazacoin?
How High can it goes??

[peacefulmind]

I think you are to hung up on this notion about 'pre-mining' being a No-No.

/facepalm

hahahahahaha.  Rarely do I LOL IRL after a forum post anymore.

I think that may actually be sig worthy.

For someone with the name peacefulmind you are one hateful little troll. By the way I like how you threaten to throw around bets of 10-20BTC,  you are probably a spoiled rich brat like Fontas who gets off on posting his lavish lifestyle photos on Instagram, some of us worked and dedicated long hours just to buy ONE Bitcoin, no big surprise you wouldn't give one sh-ts about a tribal trust to help struggling people out and have the nerve to call it a scam.

I hope if I am ever lucky to jump on a coin early and make a fortune I don't turn into you.

This shows exactly how stupid peacefulmind really is.

https://bitcointalk.org/index.php?topic=195703.msg2034479#msg2034479

There is nothing wrong with people making money.  Just be straight up.

I have a problem with lies and premines.

[peacefulmind]

I understand the subject but I want to know some numbers:

How much money can I make If I have 1,000 Mazacoin?
How High can it goes??

Limitless money.  Billions and Billions.

[SUNcoinDEVs]

MZC is really nice. esp that in place where MZC peopel live there is alot of SUN.

[solid12345]

I have a problem with lies and premines.

So says the person who thinks there is a "vast conspiracy" (does that include Israel, lol) to hold Litecoin down. The only thing holding Litecoin down is its weak community and lack of PR. I guess all the variations of Linux are what held it back from conquering the world too Amirite?

[peacefulmind]

I have a problem with lies and premines.

So says the person who thinks there is a "vast conspiracy" (does that include Israel, lol) to hold Litecoin down. The only thing holding Litecoin down is its weak community and lack of PR. I guess all the variations of Linux are what held it back from conquering the world too Amirite?

Why the fuck are you talking about Israel?  I don't appreciate your insinuation and anti-semitism.

I did okay buying up LTC from 0.50 cents to about $2.00.  And it is years later and I'm not selling.  Just like I'm not selling the BTC I bought from $30 to $70.

Sucks you were not smart enough and missed out.

Guess you can curl up with your MAZA lol.  Good luck.

I would tell you what a smart person would buy but you wouldn't do it anyway.

[koby]

I have a problem with lies and premines.

So says the person who thinks there is a "vast conspiracy" (does that include Israel, lol) to hold Litecoin down. The only thing holding Litecoin down is its weak community and lack of PR. I guess all the variations of Linux are what held it back from conquering the world too Amirite?

Why the fuck are you talking about Israel?  I don't appreciate your insinuation and anti-semitism.

I did okay buying up LTC from 0.50 cents to about $2.00.  And it is years later and I'm not selling.  Just like I'm not selling the BTC I bought from $30 to $70.

Sucks you were not smart enough and missed out.

Guess you can curl up with your MAZA lol.  Good luck.

I would tell you what a smart person would buy but you wouldn't do it anyway.

Tell me what can I buy? and how much can I make...

[Buffalosol]

Do people not realize how big this coin is for cryptos as a whole? If your not investing you're crazy. You will own a piece of history.

[solid12345]

Why the fuck are you talking about Israel?  I don't appreciate your insinuation and anti-semitism.

Hey you were the one throwing around accusations of big companies, and Israel paying people to spread balogne online and insinuating there is a conspiracy against Litecoin, that takes the cake for craziness. If higher powers that be are out to destroy crypto, trust me, Bitcoin is on their radar first, I doubt the Feds even know or care what Litecoin is because at this point it's irrelevant and its fortune and status is due to being the first alt out the gate, nothing more.

I guarantee you the Feds are more scared of a major Indian tribe adopting crypto than Litecoin, hence the "friendly" FBI call to the developer and tribal chiefs!

[peacefulmind]

Really, all ball busting aside...

I hope all your dreams come true and this coin comes to be the one that brings you all the success you dream of.

[koby]

I understand the subject but I want to know some numbers:

How much money can I make If I have 1,000 Mazacoin?
How High can it goes??

Limitless money.  Billions and Billions.

for Billions, I need the coin going up,1million per coin, when will it happen? I'm ok with 10,000$ per coin Mazacoin

[peacefulmind]

Why the fuck are you talking about Israel?  I don't appreciate your insinuation and anti-semitism.

Hey you were the one throwing around accusations of big companies, and Israel paying people to spread balogne online and insinuating there is a conspiracy against Litecoin, that takes the cake for craziness. If higher powers that be are out to destroy crypto, trust me, Bitcoin is on their radar first, I doubt the Feds even know or care what Litecoin is because at this point it's irrelevant and its fortune and status is due to being the first alt out the gate, nothing more.

I guarantee you the Feds are more scared of a major Indian tribe adopting crypto than Litecoin, hence the "friendly" FBI call to the developer and tribal chiefs!

You have me really confused with someone else.

You are an obsessive little freak going through my post history of hundreds of posts spanning years and picking one word from one and combining it with one word from another that was months later, then making up whatever you fantasize about to fit in the middle.

Fuck you.  Stop post stalking me you creepy little fuck.  Your mother is calling you.


Everyone else - I hope you make a ton with crypto, whatever it is.

[stan26]

This explains the premine. The premine was there so they could have a reserve of currency for the Lakota people. They plan to give out grants of mazacoin to individuals, businesses, and non-profit organizations.

http://wiki.cryptsy.com/wiki:mazacoin

MazaCoin will be launched after a special two-phase pre-mine. This is necessitated by the unique nature of MazaCoin as a Sovereign National Currency.

During the first phase of the MazaCoin pre-mine, the Traditional Lakota Nation as represented by the BTC Oyate Initiative will pre-mine 50 million MazaCoins as the starting point of a National Crypto-Currency Reserve. This reserve is critical as a symbol of national sovereignty, and vital for the future of MazaCoin. With this National Crypto-Reserve the government of the Traditional Lakota Nation can do economic development and stimulus, and have a tool for price stabilization in the future should MazaCoins run into any difficulty.

In the second phase of the MazaCoin pre-mine, the MazaCoin Development Team will pre-mine 50 million MZC as a starting point for the MazaCoin Tribal Trust. The MazaCoin Tribal Trust will give grants of MazaCoin to any Tribal member, business or charity of the Traditional Lakota Nation. Grants are set to be 1000 MZC for individuals, 10,000 MZC for businesses and 50,000 MZC for non-profit Tribal organizations. With the initial pre-mine coupled with future mining and donations the MazaCoin National Trust will be able to give these grants out indefinitely.

[FrictionlessCoin]

Here is the text of the announcement:

MazaCoin Press Release: First Sovereign National Crypto-Currency In History Announced

Friday - December 27, 2013 12:00 Noon ET USA

The MazaCoin Development Team is proud and honored to have been commissioned by the Oglala Lakota Nation to create for them the first ever Sovereign National Crypto-Currency. It is rare in history when we witness any nation creating a new sovereign coinage. This alone makes this an historic moment. The Oglala Lakota Nation have internationally recognized sovereignty, and their right to mint currency is guaranteed by treaty. And in fact the Oglala Lakota Nation has already exercised that right symbolically by minting collectible coinage and trading rounds.

Choosing to deploy a genuine and functional national currency is nevertheless a bold initiative. Choosing to utilize a Crypto-Coin for this purpose is truly innovative and courageous. It will change the lives of the Oglala Lakota people forever.

All the information you need is available on the MazaCoin website. We encourage everyone to follow the MazaCoin Twitter account for real-time updates on the MazaCoin launch. The MazaCoin Development Team is available to answer any of your questions about the coin's deployment. The MazaCoin Development Team does not speak for the Oglala Lakota Nation, it's government or it's people. Our focus is to give them the best Crypto-Currency possible as part of their National Heritage. We are volunteer Crypto-Currency programmers, miners and enthusiasts.

MazaCoin is but one part of the BTC Oyate Project directed and founded by Payu Harris. The BTC Oyate Project has as it's goal the introduction of Crypto-Currency into the Oglala Lakota Tribal economy. MazaCoin is one aspect of this plan. A Crypto-Currency exchange haven and mining farms on Tribal lands is another. Any questions regarding the socio-economic impact of MazaCoin on the Tribal economy, or other aspects of the BTC Oyate Project - should be directed to Payu Harris.


SINCERELY -- The MazaCoin Development Team

I bolded the key statements.    So by treaty with the U.S. government,  the Oglala Nation has the right to mint new currency.    Not only is this right recognized by the U.S., but also apparently internationally. 

So to answer the original OP question,  MZC is the only cryptpo-coin that in UNAMBIGIOUSLY LEGAL INTERNATIONALLY.


Furthermore, similar to Casinos,  apparently they may have also the right to run a legal exchange!

[peteycamey]

mazacoin is the only legal cryptocurrency?

yeah. what are you smoking? I sure would like some of it.

[FrictionlessCoin]

mazacoin is the only legal cryptocurrency?

yeah. what are you smoking? I sure would like some of it.

Legal by International Treaty.

All other coins... every country will have to figure out if they allow it or not.

[D05GTO]

There is over 50k listed in Sell orders at Atomic-Trade.  If you want some, that's the place to be!

USA  Exchange Https://www.Atomic-Trade.com

[toknormal]

There is nothing wrong with people making money.  Just be straight up.

I have a problem with lies and premines.

There is nothing wrong with premines as long as the coin's value doesn't drop to the floor as soon as you buy it and before you've had a chance to recover your investment.

But then, if you use those criteria as a measure of the coin's 'scam' factor then there are plenty of non-premined proof of work coins that qualify and loads of premine proof-of-stakes that don't.

What IS a problem is posters with a chip on their shoulder about this or that coin algo, distribution policy, price or other property that they happen to hate, hysterically slapping the 'scam' tag onto coins and swearing at other posters.

MODS: Target practice please.

[str4wm4n]

vote for Mazacoin to be added on Cryptsy!

https://www.cryptsy.com/coinvotes