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Offline merivercap

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Setting up a BTS exchange on an Indian Reservation?
« on: April 02, 2015, 12:36:08 AM »

I always thought this could work well.

Here is a Reddit thread:
http://www.reddit.com/r/Bitcoin/comments/1t1qsp/would_operating_a_bitcoin_exchange_in_the_us_on/

Did you know Jeff Bezos considered starting Amazon.com on an Indian Reservation?   He decided on Washington state for tech talent and favorable tax laws.

Payday Lenders Seek Shelter on Tribal Lands for 700% Loans
http://www.bloomberg.com/bw/articles/2014-11-26/payday-lenders-move-to-indian-reservations-evade-state-laws

Now 700% seems outrageous for the Payday Loan business, but that's besides the point.  Indian reservations need money and the Casino business has been a boon for them.  If we can find a Tribe with a banking relationship we can just set up a US exchange.   What do you guys think?


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Offline Pheonike

Re: Setting up a BTS exchange on an Indian Reservation?
« Reply #1 on: April 02, 2015, 08:12:04 AM »
Sounds good. There was a tribe that started a coin,  I think it was called mazacoin or maizecoin. They maybe open to it.

Offline yellowecho

Re: Setting up a BTS exchange on an Indian Reservation?
« Reply #2 on: April 02, 2015, 04:05:11 PM »
casinoUSD  ;D
696c6f766562726f776e696573

Offline merivercap

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Re: Setting up a BTS exchange on an Indian Reservation?
« Reply #3 on: April 02, 2015, 07:05:00 PM »
Sounds good. There was a tribe that started a coin,  I think it was called mazacoin or maizecoin. They maybe open to it.

Yeah that would be a good one to start with.  I just sent a couple emails to the main person behind the project, but we'll see if I get any response.  It would be good to have real contacts with someone who lives on a reservation or who is connected high up to tribes. 

casinoUSD  ;D


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