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Investing in cryptocurrencies like Bitcoin offer the possibility of high financial rewards. But they also come with high risks. Some tribes are considering adding cryptocurrencies to their portfolios to stake out a place in the volatile market. At least two Native entrepreneurs have developed their own cryptocurrencies—Mazacoin and N8Vcoin. They are among the at least 4,000 cryptocurrencies Investopedia says are currently traded publicly. We’ll get a primer on cryptocurrency and hear about why or why not they are a worthy financial risk.
Guests:
Payu Harris (Northern Cheyenne/Lakota) – founder of Mazacoin
Blake Trueblood (Choctaw Nation) – attorney and frequent commentator on Bitcoin and Blockchain technology
Randy Williams (Tlingit/Otoe-Missouria) – president of NativeCoin
Robert Cornish – attorney focusing on assisting innovators in emerging areas of the financial markets
Break 1 music: The Jump (Ladies Dance) (song) Sheldon Sundown (artist) Hand Drum/Smoke N’ Round Dance (album)
Break 2 music: Native Funk (song) Burning Sky (artist) A Native American Odyssey Inuit to Inca (album)
