Started by Sarah Newman2 · · 👁 7 views · 21 replies
ruggedpanther13 said:Oh, please. We’re talking about a population of maybe twenty thousand Lakota people. 🤣
What kind of emperor are you talking about? 🤣
The Lakota people from the northern reaches of the United States of America have actually gone and set up their own financial institution called the Lakota Freedom Bank. Now, it might sound like just any other local bank you'd find on a street corner, but get this—it's supposedly the first bank on the planet to run its entire operation using actual, hard currency, specifically silver and gold.
They charge storage fees based on how much the metal weighs in ounces (since we're talking real bullion here), and of course, those deposits have to be pure gold or silver. For the folks looking to really grow their wealth and don't mind taking a bit more of a gamble, they’ve even got an investment fund. You've gotta lock your money away for a full year, but if you do, it comes back to you with a seven percent bump.
The bank also hands out loans straight from that investment fund, but here's the kicker: they decide who gets the cash based on how much social value the project brings to the community!
The Lakota people have declared themselves fully independent and are claiming thousands of square miles of land right within the borders of the USA. But, despite everything, the US government has never actually recognized their claims to sovereignty. (E.B.)