“Will Bitcoin become the new virtual gold for the Oglala Lakota Nation? Payu Harris, the tribal council representative, thinks the Bitcoin (BTC) can empower his people. Harris is spearheading the BTC Oyate Initiative Project, an ‘exciting chance for Bitcoin to prove its market viability as a means of trade, identify potential pitfalls and security challenges, and showcase its availability as a merchant-payment solution for small business and entrepreneurs,’ states the website. The tribe’s currency, the MazaCoin ‘will be as simple & easy to use as BitCoin of which it is a fork custom designed for the socio-economic needs of the Oglala Lakota,’ states MazaCoin on Twiiter.”
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