This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including https://cryptolisting.org/ submitting a certain word or phrase, a SQL command or malformed data. It is impossible to predict what MazaCoin will be worth in five years.
Harris is also storing tribal treaties, documents, and historic assets on the blockchain to establish an indigenous system of recordkeeping. For him, it’s all about finding new ways to assert sovereignty and pump money back into the reservation. But MazaCoin is still trying to sort out the basics—courting buy-in from tribe members and trying to raise its value. Harris is appealing to the new interim tribal president to establish an official cryptocurrency office. With covid restrictions lifted, he’s planning a road show to pitch MazaCoin across the tribe and to educate people on crypto basics, like setting up a wallet. Currently, indigenous nations use the US dollar, making them dependent on policies set forth by the Federal Reserve, the Treasury, and Congress.
- The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice.
- Though no such movement has ever really taken hold, the thinking is that a sovereign currency could offer increased independence from the American regulatory system, as well as more control over economic development.
- For the creator of MazaCoin, the dream of a sovereign monetary system for indigenous people is still alive, but it looks different than it did 10 years ago.
- Tribes have some freedom from US regulations, meaning that new policies targeting crypto might not affect MazaCoin.
Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. Though no such movement has ever really taken hold, the thinking is that a sovereign currency could offer increased independence from the American regulatory system, as well as more control over economic development. Harris was working at the mall near Pine Ridge when he first learned about Bitcoin from a friend.
If that seems an unlikely prospect, it is—and MazaCoin has had its ups and downs since he conceived the idea. But 10 years on, Harris’s dream is clearer than ever, albeit a bit more complicated than it was at the start. A measure of how much of a cryptocurrency was traded in the last 24 hours. Tribes have some freedom from US regulations, meaning that new policies targeting crypto might not affect MazaCoin. Generative AI tools like ChatGPT reached mass adoption in record time, and reset the course of an entire industry.
But as “domestic dependent” nations, tribes have some freedom from US regulations, meaning that new policies targeting crypto might not affect MazaCoin. Harris hopes this insulation could make MazaCoin more appealing in the near future, given renewed federal appetite for crypto regulation. Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice.
For the creator of MazaCoin, the dream of a sovereign monetary system for indigenous people is still alive, but it looks different than it did 10 years ago. For all grandmas, he would say, or uncis in Lakota—especially the mazacoin price impoverished ones living on the outskirts of Pine Ridge Indian Reservation in South Dakota, with little access to electricity or the internet. He’d argue that MazaCoin could be called a success if she used it every day.
Once MazaCoin is live on an exchange, CoinCarp will provide real-time MazaCoin (MAZA) prices from different exchanges. From the outset, Harris set aside 10 million coins as reserve for a Lakota development fund. Apart from the reserve, little sets MazaCoin apart technically from Bitcoin, making it a bit of a hard sell as an appealing “alt coin.” But Harris isn’t looking to court a wide array of investors. He says he didn’t even need the soaring valuations seen at the beginning; he just wants to build a system that can deliver value to native people, starting with the Lakota on Pine Ridge and expanding to other tribes and reservations from there. In the meantime, Harris has found other uses for all his technology. He’s been working on tokenizing natural resources owned by the tribe, such as unmined gold in the Black Hills or coal reserves that could be commoditized.
Therefore, it is impossible to accurately predict the price of MazaCoin 5 years from now. CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap. Get latest crypto prices, predictions,
news, and historical data for Bitcoin and thousands of altcoins. MazaCoin is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. CoinCarp does not currently have price data for MazaCoin as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX).
What is the price of MazaCoin (MAZA) ?
During the day, he’d leave his laptop running to mine coins, checking in during smoke breaks. Harris grew more invested in the Bitcoin hype, learning to code and reading white papers on his days off. Eventually, along with a coder known only by the pseudonym AnonymousPirate, he built a digital currency, then called the Oyate Initiative, for the Oglala Sioux, a subtribe of the Lakota Nation. He was intent on providing his reservation with a more independent economy.