I still dont like the coin.
First more of these indians are suffering from poverty. its kinda unlikely they will have computers.
It also isnt like they really have an economy. they are americans. they go to the store and spend dollar bills like the rest of us.
this isnt iceland or even anything close. and how is this magically going to solve theri poverty?
what us traders run up the price of the coin?
and from an article on it
Tribes using MazaCoin automatically make it easier to spend money at the local reservation general store than changing it into dollars to spend at Walmart, for example.
what?
so getting dollars to the exchanges and then changing them to mazacoins and using the smart phone these poor people dont have to shop at a store that already takes dollars is easier than what?
yeah sorry, this coin just has a weak premise I will trade it if there is money to be had.
but come the fuck on, they havent really spelled out how this coin is going to magically accomplish anything.
just having your own currency doesnt do anything to poverty.
ask zimbaqwai. and thinking a digital currency will help a group that is unlikely to actually own a computer is funny.
Payu Harris on the keiser report mentioned people could be for example paid for stuff they make, such as art.
And why do people keep over complicating things, just because you/we all have smart phones, remember those
things called paper wallets!
f*ck fuders, that's all bro 
