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Lakota Indians Adopt New Digital Currency, Mazacoin, as Legal Tender
- keithflower 13y agoPost title misleads: the article does not say the Lakota have "adopted" this currency.
- dragonwriter 13y agoCurrent source article title: "Lakota Indian Promotes New Digital Currency, Mazacoin" (there is a correction notice in teh source article.) No one has adopted it as "legal tender", one guy is promoting it, and has duped a few news outlets (including Forbes and the WSJ) by issuing false press releases about official adoption by either the Oglala Sioux Tribe or the Lakota Nation. An article [1] linked in the corrected WSJ article notes (but the WSJ does not) that the tribe has denied that the person promoting it is even on their roles as a member; the corrected WSJ article does note that the member of the Lakota Nation governing council that they discussed it with had never heard of it and seemed suspicious of it. [1] http://www.indianz.com/News/2014/012781.asp http://www.indianz.com/News/2014/012781.asp