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Re: [MZC] MazaCoin *National Currency of the Traditional Lakota Nation* | NEW THREAD June 25, 2014, 11:49:23 AM #19 Quote from: owlhooter on June 25, 2014, 10:24:39 AM I know this is probably cliche in most of the communities right now, but just remember, 1 MZC = 1 MZC, this currency was designed to be the currency of a nation and people looking solely to the exchange rate with bitcoin are looking at it wrong, the same as people who only look at Bitcoin as it relates to FIAT. These are currencies that are meant to stand alone. Now linking MZC to staple purchases, Flour, Sugar, Milk, etc, will be beneficial for the nations that choose to adopt MZC.



Yep, that is the way we must look at cryptocurrencies in general.



Namely as complementary currencies.



So that people have a backup currency in place should something go wrong with the USDollar (hyperinflation?)...



You can't put a complementary currency in place AFTER the hyperinflation happens... it needs to be in place NOW. Yep, that is the way we must look at cryptocurrencies in general.Namely asSo that people have a backup currency in place should something go wrong with the USDollar (hyperinflation?)...You can't put a complementary currency in place AFTER the hyperinflation happens... it needs to be in place NOW.