Introducing Cryptocurrency to the Country's Poorest Indian Reservation

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RAPID CITY, South Dakota — Payu Harris’ apartment is in shambles.

Pots clutter the kitchen sink; the dish rack holds a cellphone charger. The room smells of stale cat litter and the bathroom tap runs dry. But Harris has more important things on his mind than chores – things that, if he were to have his way, could change the future of the Oglala Lakota tribe.

Harris is the founder of MazaCoin, a digital currency described as “the first Native American cryptocurrency.” On a Wednesday night in late July, he discovers MazaCoin has been delisted from an online currency exchange.

He fires off an email demanding an explanation from the site moderators. He is ready for a fight. “Is it because of the low volume?” Harris wonders aloud. “Is it because they lost faith in it?” Read more…

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