SOUTHAMPTON, England,
May 23, 2018 /PRNewswire/ --
The Mensarii cryptocurrency credit union is unlike any other you
might have heard of before. What makes it different? The answer
lies in Tribal Sovereignty, and the constitution of the United States of America.
You may have heard the term sovereignty before. In general
terms, it refers to the right and power of a state to govern
itself. When we speak about Tribal Sovereignty in the USA, we refer to the rights conferred on
Native American tribes to govern themselves. These laws allow
tribal nations to function as dependent domestic nations of their
own, with control over the laws and governance.
The ability of Native American tribes to self-govern has been
enshrined in law for generations. While the scope of the ability of
tribes to form their own laws and authorities is ultimately defined
by the US government, the power Congress wields is limited. Native
American tribes are able to form their own laws and organize their
own courts to enforce these - not to mention the ability to seek
exemptions from taxations and limitations on use of land.
This extraordinary freedom, which has been carefully safeguarded
through the generations, essentially means that Native American
tribes can act as their own sovereign nations within the sovereign
nation of America - a practice enshrined in treaties which have
existed for hundreds of years. These treaties outline the
relationship between the US government and the tribes, meaning that
the rights held by tribes are both historically and culturally
deeply rooted.
What does this mean for Mensarii? As a cryptocurrency credit
union, Mensarii enjoys an unrivaled level of freedom and autonomy,
while also being backed by resolutions enacted by the Tribal
Business Council. Freed from excessive state regulation, but still
supported by the power and influence of sovereign Tribal nations,
Mensarii will be uniquely placed to thrive as a cryptocurrency, and
as a credit union.
Secured by a blockchain validated system, Mensarii is freed from
the issues that plague the modern banking industry. With a
transparent and permanent ledger of transactions, financial
malfeasance is a thing of the past, and Mensarii can offer a level
of trust and transparency that was never previously possible.
Available both to consumers and merchants, this cryptocurrency
solution represents the future of modern banking.
In addition to the inherent level of trust afforded by
blockchain validation and the use of smart contracts, Mensarii is
also democratic in its approach to governance. Decisions about the
future of this credit union will be decided by means of a member
vote, ensuring that Mensarii really does exist to serve the needs
of its users.
Able to benefit from the inherent freedoms of Tribal
Sovereignty, while also being backup up by blockchain validation
and secured by smart contracts, the Mensarii credit union will be
able to operate with a level of safety and security that outstrips
existing financial organizations. For more information about
Mensarii, as well as a full feature list and a roadmap for the
future, visit Mensarii.io and sign up today.
About Mensarii
Mensarii is a decentralized platform that aims to help consumers
and merchants overcome the obstacles of a traditional banking
industry. Token sale starts on 1st June
2018.
Website: https://www.mensarii.io/
Telegram: https://t.me/Mensarii_ICO
SOURCE Mensarii Ltd