27 Feb '14, 7pm

The Battle of Little Bitcoin: Native American Tribe Launches Its Own Cryptocurrency

Standing on the banks of the Little Bighorn River last year, a son of the once-mighty Oglala Lakota Tribe made a promise to continue his ancestors’ fight against the United States. Only this time the war wouldn’t be fought with arrows or bullets, but with QR codes and cryptography. “My family fought and died on this soil,” recalls Payu Harris Harris , a Bitcoin developer and native activist. “Suddenly the story of Custer’s Last Stand wasn’t just words on a page but something deeply personal. I looked at how things were for the tribe now and suddenly had an idea about how we might fix it. We can’t continue to be 20 years behind the times, always trying to catch up. We have to be forward-thinking.” The Forbes E-book On Bitcoin Secret Money: Living on Bitcoin in the Real World , by Forbes staff writer Kashmir Hill, can be bought in Bitcoin or legal tender. Now, a year later, ...

Full article: http://www.forbes.com/sites/jasperhamill/2014/02/27/the-b...

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